Aurubis (AIAGY) Projected to Post Quarterly Earnings on Thursday

Aurubis (OTCMKTS:AIAGYGet Free Report) is expected to be announcing its resultson Thursday, August 6th. Analysts expect Aurubis to announce earnings of $1.36 per share and revenue of $7.08 billion for the quarter.

Aurubis Price Performance

AIAGY opened at $100.50 on Thursday. Aurubis has a 12-month low of $50.07 and a 12-month high of $128.53. The business has a 50 day moving average of $109.32 and a 200-day moving average of $101.71.

Analysts Set New Price Targets

A number of research firms have recently weighed in on AIAGY. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Aurubis in a report on Tuesday, May 12th. Morgan Stanley upgraded shares of Aurubis from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, April 8th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Aurubis currently has an average rating of “Hold”.

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About Aurubis

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Aurubis AG, headquartered in Hamburg, Germany, is a leading integrated copper producer and recycler. Founded in 1866 as Norddeutsche Affinerie, the company has evolved into a global multi‐metal provider, focusing on the smelting, refining and recycling of copper concentrates and copper scrap. Aurubis serves as a key supplier of high‐purity copper products to industries such as electrical engineering, construction, automotive and electronics.

The company’s core activities encompass primary copper production from mined concentrates and secondary production from recycled materials.

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