Aurubis (AIAGY) Expected to Post Earnings on Thursday

Aurubis (OTCMKTS:AIAGY) is projected to post its results before the market opens on Thursday, August 6th. Analysts expect the company to announce earnings of $1.36 per share and revenue of $7.08 billion for the quarter.

Aurubis Stock Up 2.0%

Aurubis stock opened at $102.50 on Tuesday. Aurubis has a 1-year low of $54.77 and a 1-year high of $128.53. The firm’s 50 day simple moving average is $108.62 and its 200 day simple moving average is $102.29.

Analyst Upgrades and Downgrades

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