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

Aura Minerals Inc. (OTCMKTS:ORAAF) was the target of a significant decrease in short interest during the month of 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 trading volume, of 31,100 shares, the short-interest ratio is currently 1.5 days.

Aura Minerals Trading Down 0.4 %

ORAAF traded down $0.09 on Friday, hitting $19.43. 1,311 shares of the stock traded hands, compared to its average volume of 5,189. The business has a fifty day moving average price of $15.41 and a two-hundred day moving average price of $13.17. Aura Minerals has a 52 week low of $7.41 and a 52 week high of $19.83.

Aura Minerals Cuts Dividend

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

About Aura Minerals

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.