Short Interest in Sandfire Resources America Inc. (OTCMKTS:SRAFF) Increases By 133.3%

Sandfire Resources America Inc. (OTCMKTS:SRAFF) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 9,100 shares, an increase of 133.3% from the September 30th total of 3,900 shares. Based on an average daily volume of 64,000 shares, the short-interest ratio is currently 0.1 days.

Sandfire Resources America Trading Up 5.2 %

Shares of Sandfire Resources America stock traded up $0.01 during trading hours on Friday, reaching $0.23. 5,000 shares of the stock traded hands, compared to its average volume of 108,262. Sandfire Resources America has a one year low of $0.04 and a one year high of $0.35. The company has a 50 day moving average price of $0.23 and a 200 day moving average price 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.