Sandfire Resources (ASX:SFR) Stock Price Passes Above Fifty Day Moving Average of $6.24

Sandfire Resources NL (ASX:SFR)’s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $6.24 and traded as high as $6.42. Sandfire Resources shares last traded at $6.34, with a volume of 2,325,636 shares.

The company has a quick ratio of 4.21, a current ratio of 4.99 and a debt-to-equity ratio of 0.09. The firm’s 50-day simple moving average is A$6.24 and its 200 day simple moving average is A$6.65. The stock has a market capitalization of $1.01 billion and a P/E ratio of 9.72.

The firm also recently declared a Final dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 29th will be given a $0.16 dividend. This represents a yield of 2.45%. The ex-dividend date of this dividend is Thursday, November 14th. Sandfire Resources’s dividend payout ratio (DPR) is presently 35.28%.

In other news, insider Karl Simich 216,175 shares of the company’s stock in a transaction on Thursday, September 12th.

About Sandfire Resources (ASX:SFR)

Sandfire Resources NL explores for, evaluates, and develops mineral tenements and projects in Australia and internationally. It operates through two segments, DeGrussa Mine, and Exploration and Evaluation. The company primarily explores for copper, gold, and silver, as well as volcanogenic massive sulphide deposits.

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