Aurubis stock stays under pressure as copper weakens
Published on 09/20/2026 at 19:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Aurubis stock (ISIN DE0006766504) stayed under pressure in mid-September 2026, after a September 19, 2026 peer check showed the shares down about 3.58 percent versus other German mid-cap industrial names.
Margins remain the key
According to ad hoc news on September 19, 2026, Boerse Social's weekly comparison placed Aurubis among the weaker names in the sample, with a decline of about 3.58 percent. The same report said the move came as investors reassessed copper prices and recycling margins.
The article also cited Multiples.vc on September 19, 2026, putting Aurubis at about USD 21,000,000,000 in annual revenue and around USD 1,100,000,000 in EBITDA. That implies an EBITDA margin near 5.2 percent, a level that leaves little room for slippage when treatment charges or energy costs move.
Valuation still looks cyclical
On the same September 19, 2026 valuation snapshot, Multiples.vc valued Aurubis at roughly USD 8,500,000,000, which works out to a revenue multiple of about 0.3 times against the cited revenue base. For investors, that keeps the stock tied closely to cash flow and spread trends rather than to top-line growth.
European metals and recycling stocks usually trade this way: the market rewards stable margins, but it re-rates the group quickly when copper spreads narrow. Aurubis remains exposed to that pattern.
Xetra level
Aurubis stock traded on Xetra, the primary venue for the German group, while the latest cited peer reading points to a weaker weekly tone on September 19, 2026.
Aurubis stock key data
- Company: Aurubis AG
- ISIN: DE0006766504
- WKN: 676650
- Ticker: NDA
- Trading venue: Xetra
- Sector / Industry: Metals and Mining, Copper and Multimetal Recycling
- Index membership: MDAX
