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Sandfire Resources Limited ( (AU:SFR) ) has issued an update.
Sandfire Resources Limited reported a reduction in its Total Recordable Injury Frequency to 1.4, with no injuries in Q1 FY26, highlighting its commitment to safety. The company achieved a CuEq production of 35.5kt, surpassing its plan by nearly 5%, and maintained its production and cost guidance for FY26. The MATSA and Motheo operations contributed significantly to this output, despite challenges with ore quality and processing rates. Financially, Sandfire achieved $328M in sales revenue and reduced its net debt by $61M, reflecting strong operational and financial discipline. The company also received regulatory approval for a new tailings storage facility and continued its exploration investments, positioning itself strategically for future growth.
The most recent analyst rating on (AU:SFR) stock is a Buy with a A$17.00 price target. To see the full list of analyst forecasts on Sandfire Resources Limited stock, see the AU:SFR Stock Forecast page.
More about Sandfire Resources Limited
Sandfire Resources Limited is a mining company operating in the copper industry, with a focus on the production of copper equivalent (CuEq) metals. The company has operations in the Iberian Pyrite and Kalahari Copper Belts, with significant projects including MATSA and Motheo. Sandfire Resources is committed to maintaining safety standards and improving operational efficiencies across its mining complexes.
YTD Price Performance: 68.10%
Average Trading Volume: 1,862,621
Technical Sentiment Signal: Buy
Current Market Cap: A$7.19B
For an in-depth examination of SFR stock, go to TipRanks’ Overview page.