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

Aura Minerals Inc. (OTCMKTS:ORAAF) saw a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 28,800 shares, a decline of 39.7% from the March 15th total of 47,800 shares. Based on an average trading volume of 3,200 shares, the days-to-cover ratio is currently 9.0 days.

Aura Minerals Stock Up 2.7 %

Shares of ORAAF stock traded up $0.52 on Friday, hitting $20.06. 184 shares of the stock traded hands, compared to its average volume of 4,693. Aura Minerals has a 52 week low of $7.41 and a 52 week high of $20.06. The firm has a 50 day simple moving average of $16.98 and a two-hundred day simple moving average of $13.87.

Aura Minerals Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Thursday, March 6th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 4.99%. 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.