Short Interest in Aura Minerals Inc. (OTCMKTS:ORAAF) Increases By 565.7%

Aura Minerals Inc. (OTCMKTS:ORAAF) saw a significant growth in short interest in 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 volume of 9,500 shares, the days-to-cover ratio is currently 12.5 days.

Aura Minerals Price Performance

ORAAF stock traded up $0.84 during midday trading on Friday, hitting $16.87. The stock had a trading volume of 1,643 shares, compared to its average volume of 6,465. The business has a 50-day moving average of $14.05 and a two-hundred day moving average of $12.50. Aura Minerals has a 52-week low of $6.75 and a 52-week high of $16.87.

Aura Minerals Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Thursday, March 6th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 5.93%. The ex-dividend date of this dividend is 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.