Y Intercept Hong Kong Ltd Invests $646,000 in Aura Minerals Inc. $AUGO

Y Intercept Hong Kong Ltd bought a new stake in Aura Minerals Inc. (NASDAQ:AUGO) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 17,364 shares of the company’s stock, valued at approximately $646,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Diversified Trust Co acquired a new position in Aura Minerals during the third quarter worth approximately $216,000. Ashoka WhiteOak Capital Pte Ltd bought a new position in shares of Aura Minerals during the 3rd quarter worth approximately $874,000. North of South Capital LLP acquired a new position in shares of Aura Minerals during the 3rd quarter worth approximately $3,088,000. U S Global Investors Inc. bought a new stake in Aura Minerals in the 3rd quarter valued at $3,721,000. Finally, Teacher Retirement System of Texas acquired a new stake in Aura Minerals during the 3rd quarter valued at $16,744,000.

Aura Minerals Stock Up 5.6%

Shares of Aura Minerals stock opened at $64.72 on Wednesday. The company has a quick ratio of 0.83, a current ratio of 1.12 and a debt-to-equity ratio of 2.68. The firm has a market cap of $5.35 billion and a PE ratio of -109.69. Aura Minerals Inc. has a twelve month low of $14.01 and a twelve month high of $76.80. The business has a 50-day simple moving average of $53.04.

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

Analyst Ratings Changes

AUGO has been the topic of several research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Aura Minerals in a report on Monday, December 29th. Bank of America upped their price target on shares of Aura Minerals from $40.00 to $45.00 and gave the company a “buy” rating in a research note on Thursday, October 16th. Zacks Research cut shares of Aura Minerals from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. The Goldman Sachs Group boosted their price objective on Aura Minerals from $46.60 to $52.80 and gave the stock a “buy” rating in a report on Wednesday, December 3rd. Finally, Wall Street Zen lowered Aura Minerals from a “strong-buy” rating to a “buy” rating in a research note on Monday, January 19th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $48.90.

Aura Minerals 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.