Aura Minerals Inc. (OTCMKTS:ORAAF) Sees Large Decline in Short Interest

Aura Minerals Inc. (OTCMKTS:ORAAF) was the target of a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 2,100 shares, a decline of 80.6% from the October 31st total of 10,800 shares. Based on an average daily trading volume, of 1,700 shares, the short-interest ratio is currently 1.2 days.

Aura Minerals Stock Performance

ORAAF remained flat at $12.50 during trading on Wednesday. 1,200 shares of the company’s stock were exchanged, compared to its average volume of 2,162. The company has a 50 day simple moving average of $11.96 and a 200-day simple moving average of $10.42. Aura Minerals has a twelve month low of $6.17 and a twelve month high of $12.86.

Aura Minerals Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be given a dividend of $0.24 per share. The ex-dividend date is Friday, November 15th. This represents a $0.96 annualized dividend and a dividend yield of 7.68%.

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.