Sandfire Resources America Inc. (OTCMKTS:SRAFF) Short Interest Update

Sandfire Resources America Inc. (OTCMKTS:SRAFF) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 9,100 shares, a decline of 22.2% from the December 15th total of 11,700 shares. Based on an average daily volume of 66,400 shares, the short-interest ratio is currently 0.1 days.

Sandfire Resources America Trading Down 4.7 %

SRAFF stock opened at $0.23 on Wednesday. The firm has a 50 day moving average of $0.21 and a 200-day moving average of $0.23. Sandfire Resources America has a 12-month low of $0.04 and a 12-month high of $0.35.

About Sandfire Resources America

Sandfire Resources America Inc engages in the acquisition, exploration, and development of resource properties in the United States and Canada. The company explores for copper, cobalt, zinc, lead, and silver deposits. Its flagship property is the Black Butte copper project that consists of approximately 7,684 acres of fee-simple lands and 4,541 acres in 239 Federal unpatented lode-mining claims located in central Montana, the United States.