Sandfire Resources America Inc. (OTCMKTS:SRAFF – Get Rating) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totalling 36,100 shares, a decrease of 17.0% from the May 31st total of 43,500 shares. Based on an average trading volume of 51,400 shares, the short-interest ratio is presently 0.7 days.
SRAFF opened at $0.13 on Thursday. The business has a 50 day moving average price of $0.12 and a two-hundred day moving average price of $0.15. Sandfire Resources America has a 52 week low of $0.08 and a 52 week high of $0.20.
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Sandfire Resources America Inc acquires, explores for, and develops 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.Further Reading
- Get a free copy of the StockNews.com research report on Sandfire Resources America (SRAFF)
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