Sandfire Resources America Inc. (OTCMKTS:SRAFF) Short Interest Down 17.0% in April

Sandfire Resources America Inc. (OTCMKTS:SRAFF) was the recipient of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 23,900 shares, a decline of 17.0% from the March 31st total of 28,800 shares. Based on an average daily trading volume, of 238,500 shares, the short-interest ratio is currently 0.1 days.

Sandfire Resources America Stock Up 5.3 %

Shares of SRAFF stock opened at $0.20 on Tuesday. Sandfire Resources America has a 1-year low of $0.04 and a 1-year high of $0.23. The company has a 50-day moving average of $0.18 and a two-hundred day moving average of $0.11.

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.