Sandfire Resources (OTCMKTS:SFRRF – Get Free Report) is anticipated to issue its results before the market opens on Wednesday, August 26th. Analysts expect Sandfire Resources to announce earnings of $0.5820 per share and revenue of $977.5170 million for the quarter.
Sandfire Resources Stock Performance
OTCMKTS:SFRRF opened at $15.14 on Tuesday. The firm’s fifty day moving average price is $14.47 and its two-hundred day moving average price is $13.23. Sandfire Resources has a one year low of $7.40 and a one year high of $15.50.
Analyst Ratings Changes
Separately, Royal Bank Of Canada downgraded shares of Sandfire Resources to a “sector perform” rating in a report on Friday, July 24th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, Sandfire Resources has a consensus rating of “Hold”.
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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