Aura Minerals (NASDAQ:AUGO) Sets New 52-Week High - Here's What Happened

Key Points

• Aura Minerals Inc. reached a new 52-week high, trading at $37.80, with the last transaction at $37.43 and a total volume of 8,902 shares.
• Wall Street analysts have upgraded the stock, with Wall Street Zen raising its rating to "strong-buy" and Bank of America setting a target price of $40.00.
• The company has a market cap of $3.07 billion and a PE ratio of -45.37, indicating potential growth outlook amid its current financial metrics.

Aura Minerals Inc. (NASDAQ:AUGO - Get Free Report) reached a new 52-week high on Monday . The company traded as high as $37.80 and last traded at $37.43, with a volume of 8902 shares changing hands. The stock had previously closed at $36.13.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Wall Street Zen upgraded Aura Minerals from a "buy" rating to a "strong-buy" rating in a research report on Friday, September 26th. Weiss Ratings restated a "hold (c)" rating on shares of Aura Minerals in a report on Saturday, September 27th. Finally, 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 target price on the stock. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $40.00.

Aura Minerals Stock Performance

The company has a market cap of $3.07 billion and a PE ratio of -45.37. The company has a quick ratio of 0.83, a current ratio of 1.12 and a debt-to-equity ratio of 2.68.

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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