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

Aura Minerals Inc. (OTCMKTS:ORAAF) was the target of 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 trading volume of 9,500 shares, the days-to-cover ratio is presently 12.5 days.

Aura Minerals Stock Performance

Aura Minerals stock traded up $0.84 during mid-day trading on Friday, reaching $16.87. The stock had a trading volume of 1,643 shares, compared to its average volume of 6,465. Aura Minerals has a one year low of $6.75 and a one year high of $16.87. The company has a 50-day moving average price of $14.05 and a two-hundred day moving average price of $12.50.

Aura Minerals Cuts Dividend

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

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.