Aurubis (AIAGY) Projected to Post Earnings on Monday

Aurubis (OTCMKTS:AIAGY) will likely be posting its resultson Monday, May 11th. Analysts expect Aurubis to post earnings of $1.35 per share and revenue of $7.4605 billion for the quarter.

Aurubis Stock Performance

Shares of OTCMKTS AIAGY remained flat at $109.25 during trading on Monday. The stock had a trading volume of 1 shares, compared to its average volume of 250. Aurubis has a 1-year low of $50.07 and a 1-year high of $109.60. The stock has a 50 day simple moving average of $97.08 and a 200 day simple moving average of $81.80.

Wall Street Analysts Forecast Growth

AIAGY has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Aurubis in a research note on Friday, April 17th. Morgan Stanley upgraded Aurubis from an “underweight” rating to an “equal weight” rating in a report on Wednesday, April 8th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Aurubis currently has a consensus rating of “Hold”.

About Aurubis

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.