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Sandfire Resources Announces Cessation of Performance Rights

Story Highlights
  • Sandfire Resources operates in the mining industry, focusing on base and precious metals.
  • The company ceased 160,709 performance rights due to unmet conditions, affecting its capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sandfire Resources Announces Cessation of Performance Rights

Elevate Your Investing Strategy:

The latest announcement is out from Sandfire Resources Limited ( (AU:SFR) ).

Sandfire Resources Limited announced the cessation of 160,709 performance rights due to the conditions for these securities not being met or becoming incapable of being satisfied. This development may impact the company’s capital structure and could have implications for stakeholders, reflecting on the company’s operational adjustments and strategic focus.

The most recent analyst rating on (AU:SFR) stock is a Buy with a A$11.20 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 company operating in the mining industry, primarily focused on the exploration and production of base and precious metals.

YTD Price Performance: 22.09%

Average Trading Volume: 1,882,619

Technical Sentiment Signal: Buy

Current Market Cap: A$5.2B

For an in-depth examination of SFR stock, go to TipRanks’ Overview page.

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