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Sandfire Resources Limited ( (AU:SFR) ) has provided an update.
Sandfire Resources Limited has announced the issuance of 21,070 performance rights under an employee incentive scheme, which are not intended to be quoted on the ASX. This move is part of the company’s strategy to motivate and retain key personnel, potentially impacting its operational efficiency and market competitiveness.
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 operates in the mining industry, focusing on the exploration and production of mineral resources. The company is primarily involved in the extraction of copper, gold, and other base metals, with a significant market presence in Australia.
YTD Price Performance: 22.09%
Average Trading Volume: 1,882,619
Technical Sentiment Signal: Buy
Current Market Cap: A$5.2B
See more insights into SFR stock on TipRanks’ Stock Analysis page.