Wall Street Zen Downgrades Aura Minerals (NASDAQ:AUGO) to Buy

Aura Minerals (NASDAQ:AUGO - Get Free Report) was downgraded by analysts at Wall Street Zen from a "strong-buy" rating to a "buy" rating in a research report issued on Monday.Get Aura Minerals alerts:Several other equities research analysts have also weighed in on AUGO. The Goldman Sachs Group raised their price objective on Aura Minerals from $46.60 to $52.80 and gave the stock a "buy" rating in a research note on Wednesday, December 3rd. Zacks Research raised Aura Minerals from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 1st. Weiss Ratings reissued a "hold (c)" rating on shares of Aura Minerals in a research note on Monday, December 29th. Finally, Bank of America boosted their price objective on Aura Minerals from $40.00 to $45.00 and gave the stock a "buy" rating in a report on Thursday, October 16th. One equities research 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. Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of $48.90.Read Our Latest Stock Analysis on AUGOAura Minerals Price PerformanceNASDAQ AUGO opened at $60.22 on Monday. The company has a debt-to-equity ratio of 2.68, a current ratio of 1.12 and a quick ratio of 0.83. The stock has a 50 day simple moving average of $45.58. Aura Minerals has a 12 month low of $12.19 and a 12 month high of $61.39. The company has a market cap of $4.98 billion and a P/E ratio of -102.07. Aura Minerals (NASDAQ:AUGO - Get Free Report) 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). The business had revenue of $247.83 million for the quarter. Aura Minerals had a positive return on equity of 93.74% and a negative net margin of 5.55%.The firm's revenue was up 58.7% compared to the same quarter last year. Institutional Investors Weigh In On Aura MineralsA number of institutional investors have recently bought and sold shares of the business. Quarry LP acquired a new position in Aura Minerals in the 3rd quarter valued at approximately $37,000. Shell Asset Management Co. acquired a new stake in shares of Aura Minerals during the 3rd quarter valued at $43,000. Banque Cantonale Vaudoise purchased a new position in shares of Aura Minerals during the 3rd quarter valued at $108,000. BNP Paribas Financial Markets acquired a new position in shares of Aura Minerals in the third quarter worth $145,000. Finally, SG Americas Securities LLC acquired a new position in shares of Aura Minerals in the fourth quarter worth $213,000. About Aura Minerals (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. 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.Further ReadingFive stocks we like better than Aura MineralsElon Taking SpaceX Public! $100 Pre-IPO Opportunity!How a Family Trust May Be Able To Help Preserve Your WealthA U.S. “birthright” claim worth trillions - activated quietly“Fed Proof” Your Bank Account with THESE 4 Simple StepsNEW LAW: Congress Approves Setup For Digital Dollar?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. 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