Sandfire Resources America Inc. (OTCMKTS:SRAFF – Get Free Report) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totaling 9,662 shares, a decline of 74.1% from the November 30th total of 37,292 shares. Based on an average daily trading volume, of 81,357 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 81,357 shares, the days-to-cover ratio is currently 0.1 days.
Sandfire Resources America Price Performance
Shares of SRAFF stock opened at $0.23 on Thursday. The firm has a fifty day moving average of $0.21 and a 200-day moving average of $0.21. Sandfire Resources America has a 12-month low of $0.17 and a 12-month high of $0.35.
Sandfire Resources America Company Profile
Sandfire Resources America Corp. (OTCMKTS:SRAFF) operates as the American depositary receipt issuer for Sandfire Resources Ltd., an Australian-based, independent copper and gold producer. Through its ADR program, the company holds and administers ordinary shares of its parent, enabling U.S. investors to participate in the underlying performance of Sandfire Resources Ltd. without direct exposure to foreign securities markets.
The underlying parent company was founded in 2003 and has since developed a portfolio of copper and gold operations and exploration projects across multiple continents.
Featured Stories
- Five stocks we like better than Sandfire Resources America
- Do not delete, read immediately
- INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off
- Can Any Expenses Be Deducted From Capital Gains Tax?
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- Forget AI, This Will Be the Next Big Tech Breakthrough
Receive News & Ratings for Sandfire Resources America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sandfire Resources America and related companies with MarketBeat.com's FREE daily email newsletter.
