Sandfire Resources America Inc. (OTCMKTS:SRAFF) Short Interest Down 24.5% in December

Sandfire Resources America Inc. (OTCMKTS:SRAFF) saw a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 11,700 shares, a decline of 24.5% from the November 30th total of 15,500 shares. Based on an average trading volume of 17,300 shares, the short-interest ratio is presently 0.7 days.

Sandfire Resources America Stock Down 6.8 %

OTCMKTS:SRAFF traded down $0.00 during midday trading on Monday, hitting $0.21. The company had a trading volume of 31,909 shares, compared to its average volume of 94,253. Sandfire Resources America has a 52-week low of $0.04 and a 52-week high of $0.35. The stock’s fifty day moving average price is $0.21 and its 200-day moving average price is $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.