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

by · The Cerbat Gem

Sandfire Resources America Inc. (OTCMKTS:SRAFF – Get Free Report) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totalling 12,100 shares, a drop of 59.1% from the May 31st total of 29,600 shares. Based on an average daily trading volume, of 130,400 shares, the days-to-cover ratio is currently 0.1 days.

Sandfire Resources America Price Performance

SRAFF stock remained flat at $0.25 during trading on Friday. The company had a trading volume of 3,350 shares, compared to its average volume of 159,167. The company has a fifty day simple moving average of $0.24 and a 200-day simple moving average of $0.16. Sandfire Resources America has a 1 year low of $0.04 and a 1 year high of $0.35.

Sandfire Resources America Company Profile

(Get Free Report)

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.

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