Short Interest in Orosur Mining Inc. (OTCMKTS:OROXF) Drops By 64.3%

Orosur Mining Inc. (OTCMKTS:OROXFGet Free Report) was the target of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 2,500 shares, a decrease of 64.3% from the July 15th total of 7,000 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 6,571 shares, the short-interest ratio is presently 0.4 days.

Orosur Mining Stock Up 11.7%

Shares of OTCMKTS OROXF traded up $0.02 during trading on Friday, reaching $0.23. 30,000 shares of the company traded hands, compared to its average volume of 51,183. The firm has a 50 day simple moving average of $0.22 and a 200-day simple moving average of $0.27. Orosur Mining has a 52-week low of $0.01 and a 52-week high of $0.65. The stock has a market capitalization of $92.23 million, a PE ratio of 5.75 and a beta of 8.86.

About Orosur Mining

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Orosur Mining Inc, trading under OTCMKTS:OROXF, is a Canadian-based precious metals exploration and production company with a focus on Latin America. The company’s assets are concentrated in Uruguay and Colombia and comprise a combination of operating mines and exploration-stage projects. Orosur’s integrated strategy encompasses the acquisition, development and operation of mineral properties, with an emphasis on gold and silver deposits.

The company’s flagship operation was the Santa Ana mine in Uruguay, an open-pit, heap-leach facility that began producing gold and silver in 2007.

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