Short Interest in Sandfire Resources America Inc. (OTCMKTS:SRAFF) Decreases By 59.1%

Sandfire Resources America Inc. (OTCMKTS:SRAFF) saw a significant decrease in short interest in June. As of June 15th, there was short interest totalling 12,100 shares, a decrease of 59.1% from the May 31st total of 29,600 shares. Based on an average trading volume of 130,400 shares, the days-to-cover ratio is presently 0.1 days.

Sandfire Resources America Trading Up 8.7 %

OTCMKTS:SRAFF opened at $0.25 on Friday. Sandfire Resources America has a 52-week low of $0.04 and a 52-week high of $0.35. The stock has a 50-day simple moving average of $0.24 and a 200 day simple moving average of $0.16.

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.