Shares of Sandfire Resources Limited (OTCMKTS:SFRRF – Get Free Report) rose 13.1% on Friday . The stock traded as high as $12.44 and last traded at $12.44. Approximately 749 shares traded hands during mid-day trading, an increase of 11% from the average daily volume of 672 shares. The stock had previously closed at $11.00.
Sandfire Resources Trading Up 13.1%
The company’s 50 day moving average is $10.56 and its 200-day moving average is $8.91.
Sandfire Resources Company Profile
Sandfire Resources (OTCMKTS:SFRRF) is an Australian-based mining and exploration company focused on the discovery, development and production of high‐grade copper resources. The company’s core operations are anchored by the DeGrussa Copper‐Gold Mine in Western Australia, where open‐pit and underground mining techniques produce copper‐gold concentrate for regional smelters. In addition to DeGrussa, Sandfire Resources has advanced development projects and exploration assets in Botswana and North America, positioning itself as a diversified copper producer with a growing international footprint.
Sandfire’s principal business activities encompass project acquisition, feasibility studies, mine construction, and ongoing mine operations.
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