Aura Minerals (NASDAQ:AUGO) Reaches New 1-Year High - Here's What Happened

Key Points

• Aura Minerals Inc. (NASDAQ:AUGO) reached a new 52-week high with its share price hitting $38.63, reflecting strong market activity with a trading volume of 26,664 shares.
• Analyst ratings for Aura Minerals have become increasingly positive, with firms like Wall Street Zen upgrading ratings to "strong-buy" and Goldman Sachs setting a price target of $46.60.
• The company has a market capitalization of $3.15 billion and a debt-to-equity ratio of 2.68, indicating significant financial leverage.

Aura Minerals Inc. (NASDAQ:AUGO - Get Free Report)'s share price hit a new 52-week high on Monday . The company traded as high as $38.63 and last traded at $38.49, with a volume of 26664 shares. The stock had previously closed at $36.93.

Analyst Ratings Changes

A number of brokerages recently issued reports on AUGO. Weiss Ratings restated a "hold (c)" rating on shares of Aura Minerals in a report on Wednesday, October 8th. Wall Street Zen raised Aura Minerals from a "buy" rating to a "strong-buy" rating in a report on Friday, September 26th. The Goldman Sachs Group assumed coverage on Aura Minerals in a research report on Monday. They set a "buy" rating and a $46.60 price objective on the stock. Finally, Bank of America began coverage on shares of Aura Minerals in a research report on Monday, September 22nd. They issued a "buy" rating and a $40.00 target price for the company. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $43.30.

Aura Minerals Stock Performance

The stock has a market cap of $3.15 billion and a P/E ratio of -46.41. The company has a debt-to-equity ratio of 2.68, a current ratio of 1.12 and a quick ratio of 0.83.

Aura Minerals Company Profile

We are an Americas gold and copper production company with a significant portfolio of mining operations. Our mission is to deliver long-term value by unlocking operational efficiencies, responsibly growing our portfolio with a focus on return on invested capital, responsible mining practices and a commitment to sustainability.

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