Aura Minerals (NASDAQ:AUGO) Sets New 12-Month High – Here’s What Happened

Aura Minerals Inc. (NASDAQ:AUGO)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $55.85 and last traded at $55.29, with a volume of 176711 shares. The stock had previously closed at $52.75.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on AUGO shares. Weiss Ratings reissued a “hold (c)” rating on shares of Aura Minerals in a research note on Monday, December 29th. Wall Street Zen upgraded Aura Minerals from a “buy” rating to a “strong-buy” rating in a report on Sunday. Bank of America raised their price target on Aura Minerals from $40.00 to $45.00 and gave the stock a “buy” rating in a research note on Thursday, October 16th. The Goldman Sachs Group upped their price objective on Aura Minerals from $46.60 to $52.80 and gave the company a “buy” rating in a research report on Wednesday, December 3rd. Finally, Zacks Research upgraded Aura Minerals from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 1st. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $48.90.

Aura Minerals Price Performance

The stock has a market cap of $4.69 billion and a PE ratio of -96.27. The firm’s fifty day moving average is $43.02. The company has a current ratio of 1.12, a quick ratio of 0.83 and a debt-to-equity ratio of 2.68.

Aura Minerals (NASDAQ:AUGO) last issued its earnings results on Tuesday, November 4th. The company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.90). Aura Minerals had a negative net margin of 5.55% and a positive return on equity of 93.74%. The firm had revenue of $247.83 million for the quarter. Aura Minerals’s revenue for the quarter was up 58.7% compared to the same quarter last year.

Aura Minerals Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 21st. Investors of record on Monday, November 17th were paid a $0.48 dividend. The ex-dividend date of this dividend was Monday, November 17th. This represents a $1.92 dividend on an annualized basis and a yield of 3.4%. Aura Minerals’s dividend payout ratio is -325.42%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Quarry LP purchased a new stake in shares of Aura Minerals in the 3rd quarter worth approximately $37,000. Shell Asset Management Co. bought a new position in Aura Minerals in the third quarter worth approximately $43,000. Banque Cantonale Vaudoise purchased a new stake in Aura Minerals during the third quarter worth $108,000. BNP Paribas Financial Markets bought a new stake in Aura Minerals during the 3rd quarter valued at $145,000. Finally, State of Wyoming purchased a new position in shares of Aura Minerals in the 3rd quarter valued at $164,000.

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. We operate with a decentralized culture, supported by a lean corporate team that ensures agile and dynamic management and decision-making processes, focused on high operational sustainability compliance standards.