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

Sandfire Resources America Inc. (OTCMKTS:SRAFF) saw a large drop in short interest in January. As of January 31st, there was short interest totalling 33,300 shares, a drop of 45.6% from the January 15th total of 61,200 shares. Based on an average daily volume of 123,200 shares, the short-interest ratio is currently 0.3 days.

Sandfire Resources America Stock Up 4.3 %

Shares of Sandfire Resources America stock traded up $0.01 during trading on Thursday, hitting $0.24. 43,100 shares of the stock traded hands, compared to its average volume of 112,450. The company has a fifty day moving average price of $0.22 and a two-hundred day moving average price of $0.22. Sandfire Resources America has a twelve month low of $0.06 and a twelve 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.