Bank of America Initiates Coverage on Aura Minerals (NASDAQ:AUGO)

Research analysts at Bank of America assumed coverage on shares of Aura Minerals (NASDAQ:AUGO - Get Free Report) in a report released on Monday,Briefing.com Automated Import reports. The firm set a "buy" rating and a $40.00 price target on the stock. Bank of America's price objective points to a potential upside of 18.66% from the stock's current price.Get Aura Minerals alerts:Separately, Wall Street Zen downgraded shares of Aura Minerals from a "strong-buy" rating to a "buy" rating in a report on Sunday, September 14th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $40.00.Get Our Latest Analysis on Aura MineralsAura Minerals Price PerformanceShares of NASDAQ AUGO traded up $1.74 during mid-day trading on Monday, hitting $33.71. The company had a trading volume of 39,714 shares, compared to its average volume of 82,195. Aura Minerals has a 1 year low of $11.01 and a 1 year high of $33.89. 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 stock has a market cap of $2.79 billion and a PE ratio of -41.11. Aura Minerals Company Profile (Get Free Report)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.Further ReadingFive stocks we like better than Aura Minerals3 Must-Buy Warren Buffett Stocks for Volatile Times3 Big Short Interest Names with Bullish Setups3 Natural Gas Stocks That Offer Great Dividend YieldsWhy Datavault May be the Penny AI Stock Investors Have Waited ForWhat Are Dividend Champions? How to Invest in the ChampionsThese 3 Stocks Boosting Buybacks Have Rallying PotentialThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Aura Minerals Right Now?Before you consider Aura Minerals, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Aura Minerals wasn't on the list.While Aura Minerals currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here