Sandfire Resources America Inc. (OTCMKTS:SRAFF) Short Interest Down 24.5% in December

Sandfire Resources America Inc. (OTCMKTS:SRAFF) was the target of a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 11,700 shares, a decline of 24.5% from the November 30th total of 15,500 shares. Based on an average daily volume of 17,300 shares, the short-interest ratio is currently 0.7 days.

Sandfire Resources America Stock Performance

OTCMKTS SRAFF traded down $0.00 during trading on Monday, hitting $0.21. 31,909 shares of the company’s stock traded hands, compared to its average volume of 94,253. The stock has a fifty day moving average of $0.21 and a two-hundred day moving average of $0.23. Sandfire Resources America has a 12-month low of $0.04 and a 12-month high of $0.35.

Sandfire Resources America Company Profile

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.