Sandfire Resources (ASX:SFR) Stock Price Crosses Above 50-Day Moving Average of $6.60

Sandfire Resources NL (ASX:SFR)’s stock price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $6.60 and traded as high as $5.97. Sandfire Resources shares last traded at $5.92, with a volume of 1,090,843 shares trading hands.

The company has a debt-to-equity ratio of 0.13, a current ratio of 3.62 and a quick ratio of 2.97. The stock has a market capitalization of $944.59 million and a PE ratio of 8.31. The company’s fifty day moving average is A$6.58.

About Sandfire Resources (ASX:SFR)

Sandfire Resources NL explores for, evaluates, and develops mineral tenements and projects in Australia and internationally. It operates through two segments, DeGrussa Mine, and Exploration and Evaluation. The company primarily explores for copper, gold, and silver, as well as volcanogenic massive sulphide deposits.

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