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Sandfire Resources Limited ( (AU:SFR) ) has shared an update.
Sandfire Resources and Havilah Resources have reported strong progress on finalising definitive agreements for Sandfire to earn up to an 80% interest in the Kalkaroo Copper-Gold Project through a two-stage earn-in structure, alongside the formation of a regional exploration strategic alliance in South Australia’s highly prospective Curnamona Province. The parties, citing aligned values and confidence in the partnership’s value creation potential, have agreed to a short extension of the transaction timetable, with Havilah’s shareholder meeting to approve the deal now scheduled to be held no later than 16 February 2026 instead of the previously targeted 30 January 2026, underscoring their commitment to advancing the project and broader regional exploration.
The most recent analyst rating on (AU:SFR) stock is a Hold with a A$17.50 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 an ASX-listed base metals producer and explorer focused on copper and gold projects, while Havilah Resources Limited is an ASX-listed exploration and development company with a portfolio of copper-gold assets in South Australia, including the Kalkaroo Copper-Gold Project in the Curnamona Province.
Average Trading Volume: 1,713,930
Technical Sentiment Signal: Buy
Current Market Cap: A$8.25B
See more insights into SFR stock on TipRanks’ Stock Analysis page.