Short Interest in Aura Minerals Inc. (OTCMKTS:ORAAF) Declines By 59.7%

Aura Minerals Inc. (OTCMKTS:ORAAF) was the target of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 47,800 shares, a decrease of 59.7% from the February 28th total of 118,500 shares. Based on an average daily volume of 31,100 shares, the days-to-cover ratio is presently 1.5 days.

Aura Minerals Stock Performance

Shares of ORAAF stock traded down $0.09 during mid-day trading on Friday, reaching $19.43. 1,311 shares of the company’s stock traded hands, compared to its average volume of 5,189. The company’s 50-day moving average price is $15.27 and its 200-day moving average price is $13.08. Aura Minerals has a 12 month low of $7.41 and a 12 month high of $19.83.

Aura Minerals Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Thursday, March 6th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 5.15%. The ex-dividend date of this dividend was Thursday, March 6th.

Aura Minerals Company Profile

Aura Minerals Inc, a gold and copper production company, focuses on the development and operation of gold and base metal projects in the Americas. It operates through Minosa Mine, Apoena Mines, The Aranzazu Mine, Corporate, Almas, and Projects segments. The company primarily explores for gold and copper in Brazil, Mexico, and Honduras.