Sandfire Resources America Inc. (OTCMKTS:SRAFF) Short Interest Up 534.0% in March

Sandfire Resources America Inc. (OTCMKTS:SRAFF) saw a significant growth in short interest in March. As of March 31st, there was short interest totalling 31,700 shares, a growth of 534.0% from the March 15th total of 5,000 shares. Based on an average trading volume of 57,300 shares, the short-interest ratio is presently 0.6 days.

Sandfire Resources America Trading Down 4.8 %

OTCMKTS SRAFF traded down $0.01 during trading hours on Monday, reaching $0.21. 102,055 shares of the stock traded hands, compared to its average volume of 71,904. The stock has a 50 day simple moving average of $0.22 and a two-hundred day simple moving average of $0.22. Sandfire Resources America has a 1 year low of $0.16 and a 1 year 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.