Sandfire Resources America Inc. (OTCMKTS:SRAFF – Get Free Report) was the recipient of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 2,006 shares, a decline of 88.1% from the September 15th total of 16,904 shares. Based on an average trading volume of 86,541 shares, the days-to-cover ratio is presently 0.0 days.
Sandfire Resources America Stock Up 6.1%
SRAFF opened at $0.19 on Friday. The business has a 50 day simple moving average of $0.17 and a two-hundred day simple moving average of $0.17. Sandfire Resources America has a one year low of $0.09 and a one year high of $0.32.
About Sandfire Resources America
Sandfire Resources America Inc is a mineral exploration and development company focused on copper projects in the United States. The company is associated with Sandfire Resources Limited, an Australia-based mining company, and is primarily known for its interest in the Black Butte Copper Project in central Montana.
Black Butte is an underground copper development project near White Sulphur Springs, Montana. The project is designed to produce copper concentrate and has been the subject of extensive exploration, engineering, environmental review and permitting activities.
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