Short Interest in Sandfire Resources America Inc. (OTCMKTS:SRAFF) Decreases By 22.2%

Sandfire Resources America Inc. (OTCMKTS:SRAFF) saw a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 9,100 shares, a decrease of 22.2% from the December 15th total of 11,700 shares. Based on an average daily volume of 66,400 shares, the short-interest ratio is currently 0.1 days.

Sandfire Resources America Stock Up 1.9 %

Shares of SRAFF traded up $0.00 during trading hours on Thursday, reaching $0.23. 16,951 shares of the stock traded hands, compared to its average volume of 246,750. The stock has a fifty day simple moving average of $0.21 and a 200 day simple moving average of $0.23. Sandfire Resources America has a 52 week low of $0.04 and a 52 week 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.