Aura Minerals (NASDAQ:AUGO) Sees Large Volume Increase - Should You Buy?

Key Points

• Aura Minerals Inc. (NASDAQ:AUGO) experienced a large trading volume increase, with approximately 95,970 shares traded, marking a 13% decline from the prior session's volume of 110,940 shares.
• Analysts have upgraded Aura Minerals from a "buy" to a "strong-buy" rating and set an average price target of $40.00.
• The company has a market capitalization of $3.04 billion and a debt-to-equity ratio of 2.68, indicating its financial leverage and operational scale.

Aura Minerals Inc. (NASDAQ:AUGO - Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 95,970 shares traded hands during mid-day trading, a decline of 13% from the previous session's volume of 110,940 shares.The stock last traded at $37.50 and had previously closed at $37.82.

Analyst Ratings Changes

Several equities analysts have recently weighed in on AUGO shares. Wall Street Zen raised shares of Aura Minerals from a "buy" rating to a "strong-buy" rating in a research note on Friday, September 26th. Bank of America started coverage on shares of Aura Minerals in a research note on Monday, September 22nd. They issued a "buy" rating and a $40.00 price target on the stock. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of Aura Minerals in a research note on Wednesday. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Aura Minerals currently has an average rating of "Moderate Buy" and an average price target of $40.00.

Aura Minerals Stock Performance

The company has a debt-to-equity ratio of 2.68, a quick ratio of 0.83 and a current ratio of 1.12. The company has a market capitalization of $3.04 billion and a P/E ratio of -44.89.

About Aura Minerals

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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