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The latest announcement is out from Sandfire Resources Limited ( (AU:SFR) ).
Sandfire Resources Limited has reported a strong financial performance for the first half of FY25, with a significant increase in copper equivalent production and a notable improvement in underlying EBITDA and earnings. The company has also successfully reduced its net debt and secured a new $650 million Corporate Revolver Facility to further de-risk its financial position. Despite operational challenges posed by heavy rainfall, Sandfire is confident in achieving its production targets for the full year, supported by strategic investments in underground development and exploration activities aimed at extending the life of its MATSA and Motheo processing hubs.
More about Sandfire Resources Limited
Sandfire Resources Limited operates in the mining industry, focusing on the extraction and production of copper and other base metals. The company is actively involved in the development and operation of mining projects, particularly in the Kalahari Copper Belt and the Iberian Pyrite Belt, with a strong emphasis on sustainable and safe mining practices.
YTD Price Performance: 16.29%
Average Trading Volume: 475
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $3.16B
See more data about SFR stock on TipRanks’ Stock Analysis page.
