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

Bank of America began coverage on shares of Aura Minerals (NASDAQ:AUGO) in a research note published on Monday morning, MarketBeat Ratings reports. The firm issued a buy rating and a $40.00 price objective on the stock.

Separately, Wall Street Zen cut Aura Minerals from a “strong-buy” rating to a “buy” rating in a research report on Sunday, September 14th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $40.00.

Aura Minerals Trading Down 1.5%

Shares of AUGO opened at $34.59 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. Aura Minerals has a one year low of $11.01 and a one year high of $35.82. The company has a market cap of $2.86 billion and a P/E ratio of -42.18.

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.