Sandfire Resources America (OTCMKTS:SRAFF) Trading Up 0.1% – Still a Buy?

Sandfire Resources America Inc. (OTCMKTS:SRAFFGet Free Report) rose 0.1% during trading on Thursday . The stock traded as high as $0.21 and last traded at $0.21. Approximately 37,411 shares changed hands during trading, a decline of 31% from the average daily volume of 53,914 shares. The stock had previously closed at $0.2097.

Sandfire Resources America Stock Performance

The stock’s 50-day simple moving average is $0.21 and its two-hundred day simple moving average is $0.21.

About Sandfire Resources America

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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.

Further Reading

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