Sandfire Resources (ASX:SFR) Shares Pass Above 50-Day Moving Average of $6.20

Sandfire Resources NL (ASX:SFR) shares crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $6.20 and traded as high as $6.23. Sandfire Resources shares last traded at $6.21, with a volume of 1,258,942 shares.

The stock has a 50 day moving average price of A$6.20 and a two-hundred day moving average price of A$6.52. The company has a debt-to-equity ratio of 0.09, a quick ratio of 4.21 and a current ratio of 4.99. The company has a market capitalization of $990.86 million and a PE ratio of 9.28.

The company also recently declared a Final dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 29th will be paid a dividend of $0.16 per share. This represents a dividend yield of 2.45%. The ex-dividend date of this dividend is Thursday, November 14th. Sandfire Resources’s dividend payout ratio (DPR) is presently 35.28%.

In other Sandfire Resources news, insider Karl Simich 216,175 shares of Sandfire Resources stock in a transaction that occurred on Thursday, September 12th.

Sandfire Resources Company Profile (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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