Sandfire Resources America (SFR) AI Stock Analysis

Sandfire Resources America

(TSXV:SFR)

Select Model

Rating:39Underperform

Price Target:CAD 0.19▼(-5.37% Downside)

Action:downgraded

Date:10/30/26

The score is primarily constrained by the company’s no-revenue profile, negative equity, rising debt, persistent losses, and ongoing cash burn. Weak technical momentum and an unfavorable valuation provide additional downside pressure, resulting in a very low overall stock score.

Positive Factors

Copper Project PipelineAn exploration-and-development model centered on copper gives SFR a defined strategic purpose and a pipeline of prospects rather than a single asset. Progressing multiple mineral opportunities can preserve future mine-development optionality and support longer-term supply ambitions if projects advance.

Negative Factors

No Revenue and Persistent LossesThe absence of revenue across six fiscal years shows that SFR has not yet established an operating income base to support its activities. Persistent net, EBIT and EBITDA losses increase dependence on financing and make future profitability reliant on successful project advancement.

Sandfire Resources America (SFR) vs. iShares MSCI Canada ETF (EWC)

Market Cap: CAD 163.74M
Dividend Yield: ―
Average Volume (3M): 18.79K
Price to Earnings (P/E): -9.8
Beta (1Y): 1.20
Revenue Growth: ―
EPS Growth: -18.10%
Country: Canada
Employees: 0
Sector: Basic Materials
Sector Strength: 61
Industry: Industrial Materials

Sandfire Resources America Business Overview & Revenue Model

Company Description

Operating across the United States and Canada, Sandfire Resources America Inc. specializes in identifying, acquiring, and advancing mineral resource properties. The company's exploration efforts primarily target deposits containing copper, cobalt, zi...

Sandfire Resources America Financial Statement Overview

Summary

Financial performance is at the minimum score because the company has no revenue, recurring losses, negative operating and free cash flow, sharply rising debt, and deeply negative equity. Recent loss and cash-burn improvements do not offset the highly distressed financial position.

Income Statement

14Very Negative

Balance Sheet

6Very Negative

Cash Flow

18Very Negative

Financial statement breakdown
Breakdown	TTM	Jun 2026	Jun 2025	Jun 2024	Jun 2023	Jun 2022
Income Statement
Total Revenue	0	0	0	0	0	0
Gross Profit	-283.17K	-335.34K	-151.90K	-44.91K	-321.87K	-245.85K
EBITDA	-12.10M	-12.20M	-22.28M	-12.21M	-10.31M	-17.93M
Net Income	-21.79M	-21.79M	-29.61M	-17.52M	-13.96M	-18.97M
Balance Sheet
Total Assets	29.05M	29.05M	26.95M	25.83M	22.60M	20.61M
Cash, Cash Equivalents and Short-Term Investments	478.71K	478.71K	825.20K	570.47K	119.30K	94.53K
Total Debt	79.97M	79.97M	61.78M	40.01M	25.61M	14.10M
Total Liabilities	95.26M	95.26M	72.44M	47.72M	30.74M	18.25M
Stockholders Equity	-66.21M	-66.21M	-45.49M	-21.89M	-8.14M	2.36M
Cash Flow
Free Cash Flow	-13.50M	-13.50M	-23.59M	-14.30M	-12.02M	-18.96M
Operating Cash Flow	-12.10M	-12.10M	-21.26M	-11.46M	-10.88M	-17.60M
Investing Cash Flow	-1.40M	-1.40M	-2.33M	-2.84M	-1.13M	-1.69M
Financing Cash Flow	13.15M	13.15M	23.83M	14.82M	12.04M	15.23M

Sandfire Resources America Technical Analysis

Technical Analysis SentimentNegative

Last Price0.21

Price Trends

50DMA0.24Negative

100DMA0.23Negative

200DMA0.25Negative

Market Momentum

MACD-0.01Positive

RSI38.50Neutral

STOCH8.12Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SFR, the sentiment is Negative. The current price of 0.21 is below the 20-day moving average (MA) of 0.25, below the 50-day MA of 0.24, and below the 200-day MA of 0.25, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 38.50 is Neutral, neither overbought nor oversold. The STOCH value of 8.12 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SFR.

Sandfire Resources America Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

TSE:SFR against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
TSE:REG	53Neutral	CAD 586.94M	-210.36	-3.92%	―	―	40.46%
TSE:KC	50Neutral	CAD 72.04M	-13.40	-13.83%	―	―	-155.26%
TSE:CDB	41Neutral	CAD 22.15M	-2.54	1384.30%	606.52%	―	-68.86%
TSE:SFR	39Underperform	CAD 214.90M	-9.82	36.26%	―	―	-18.10%
TSE:SURG	38Underperform	CAD 167.49M	-27.39	-7.57%	―	―	-106.58%
TSE:CDPR	37Underperform	CAD 405.20M	-67.33	-14.75%	―	―	-109.75%

* Basic Materials Sector Average

Performance Comparison

TSE:SFR and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:SFR	Sandfire Resources America	0.21	-0.08	-27.59%
TSE:CDB	Cordoba Minerals	0.23	0.18	350.98%
TSE:KC	Kutcho Copper Corp	0.39	0.22	129.41%
TSE:CDPR	Cerro De Pasco Resources, Inc.	0.61	0.16	35.56%
TSE:SURG	Surge Copper Corp.	0.43	0.20	91.11%
TSE:REG	Regulus Resources	4.67	1.37	41.52%

Sandfire Resources America Corporate Events

Business Operations and StrategyM&A Transactions

Sandfire Resources America Launches Strategic Review for Black Butte Project

Positive

Oct 26, 2026

Sandfire Resources America has launched a formal strategic review to advance its Black Butte Project and unlock shareholder value, with options under consideration that could include a sale of the company. The board has formed an independent special...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 30, 2026

Sandfire Resources America AI Stock Analysis