Sandfire Resources America Inc. (OTCMKTS:SRAFF – Get Rating) was the target of a significant decrease in short interest in the month of December. As of December 30th, there was short interest totalling 9,500 shares, a decrease of 74.3% from the December 15th total of 36,900 shares. Based on an average trading volume of 29,600 shares, the days-to-cover ratio is currently 0.3 days.
Sandfire Resources America Trading Up 11.2 %
Shares of SRAFF traded up $0.01 during midday trading on Tuesday, hitting $0.10. The stock had a trading volume of 2,480 shares, compared to its average volume of 18,918. Sandfire Resources America has a 1 year low of $0.08 and a 1 year high of $0.18. The stock's 50 day moving average is $0.10 and its 200 day moving average is $0.11.
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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.Recommended Stories
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