Aurubis (AIAGY) Projected to Release Earnings on Thursday

Aurubis (OTCMKTS:AIAGY) will likely be issuing its resultson Thursday, August 6th. Analysts expect the company to post earnings of $1.36 per share and revenue of $7.08 billion for the quarter.

Aurubis Stock Performance

Shares of AIAGY opened at $100.50 on Thursday. The firm has a 50 day simple moving average of $109.32 and a two-hundred day simple moving average of $101.71. Aurubis has a one year low of $50.07 and a one year high of $128.53.

Analyst Ratings Changes

Several brokerages have recently issued reports on AIAGY. Morgan Stanley upgraded Aurubis from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, April 8th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Aurubis in a research report on Tuesday, May 12th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Aurubis Company Profile

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.