Sandfire Resources (OTCMKTS:SFRRF) Trading Down 10.2%

Sandfire Resources Limited (OTCMKTS:SFRRFGet Free Report) traded down 10.2% on Friday . The stock traded as low as $4.04 and last traded at $4.04. 2,200 shares were traded during mid-day trading, an increase of 72% from the average session volume of 1,282 shares. The stock had previously closed at $4.50.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. upgraded Sandfire Resources from an “underweight” rating to a “neutral” rating in a report on Thursday, July 13th.

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Sandfire Resources Trading Down 10.2 %

The business has a fifty day simple moving average of $4.16 and a two-hundred day simple moving average of $4.08.

Sandfire Resources Company Profile

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Sandfire Resources Limited, a mining company, engages in the exploration, evaluation, and development of mineral tenements and projects. It primarily explores for copper, gold, silver, lead, and zinc deposits. The company owns a 100% interest in the DeGrussa copper operations located in the Bryah Basin mineral province of Western Australia; a 100% interest in the Minas De Aguas Teñidas (MATSA) Copper operations that comprise three underground mines situated in the Huelva Province of south-western Spain; and an 87% interest in the Black Butte copper project located in central Montana, the United States.

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