Sandfire Resources America Inc. (OTCMKTS:SRAFF) Short Interest Down 73.9% in February

Sandfire Resources America Inc. (OTCMKTS:SRAFFGet Free Report) was the recipient of a large drop in short interest in February. As of February 28th, there was short interest totalling 8,700 shares, a drop of 73.9% from the February 13th total of 33,300 shares. Based on an average daily trading volume, of 109,200 shares, the short-interest ratio is currently 0.1 days.

Sandfire Resources America Trading Down 4.5 %

Shares of OTCMKTS:SRAFF opened at $0.21 on Friday. Sandfire Resources America has a 1 year low of $0.16 and a 1 year high of $0.35. The business’s 50 day moving average price is $0.23 and its 200-day moving average price is $0.22.

Sandfire Resources America Company Profile

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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.

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