Aura Minerals Inc. (OTCMKTS:ORAAF) Short Interest Update

Aura Minerals Inc. (OTCMKTS:ORAAF) was the target of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 118,500 shares, a growth of 565.7% from the February 13th total of 17,800 shares. Based on an average daily trading volume, of 9,500 shares, the days-to-cover ratio is presently 12.5 days.

Aura Minerals Price Performance

OTCMKTS ORAAF traded up $0.60 during trading hours on Thursday, reaching $16.03. 270 shares of the company’s stock were exchanged, compared to its average volume of 6,605. The company’s 50-day moving average is $13.95 and its two-hundred day moving average is $12.47. Aura Minerals has a one year low of $6.75 and a one year high of $16.40.

Aura Minerals Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Thursday, March 6th will be paid a dividend of $0.25 per share. The ex-dividend date is Thursday, March 6th. This represents a $1.00 annualized dividend and a dividend yield of 6.24%.

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.