Short Interest in Sandfire Resources America Inc. (OTCMKTS:SRAFF) Drops By 22.2%

Sandfire Resources America Inc. (OTCMKTS:SRAFF) was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 9,100 shares, a decrease of 22.2% from the December 15th total of 11,700 shares. Based on an average daily trading volume, of 66,400 shares, the days-to-cover ratio is presently 0.1 days.

Sandfire Resources America Stock Performance

SRAFF opened at $0.23 on Wednesday. Sandfire Resources America has a 12 month low of $0.04 and a 12 month high of $0.35. The business has a 50-day moving average of $0.21 and a two-hundred day moving average of $0.23.

About Sandfire Resources America

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.