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Sandfire Resources Seeks ASX Quotation for New Securities

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Sandfire Resources Seeks ASX Quotation for New Securities

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Sandfire Resources Limited ( (AU:SFR) ) just unveiled an update.

Sandfire Resources Limited has announced the application for the quotation of 50,076 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move, involving securities issued under an employee incentive scheme, reflects the company’s ongoing efforts to enhance its financial structure and incentivize its workforce, potentially impacting its market position and stakeholder interests.

The most recent analyst rating on (AU:SFR) stock is a Hold with a A$15.00 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 mining company primarily engaged in the exploration and production of mineral resources. The company focuses on the extraction and development of copper, gold, and other base metals, positioning itself as a significant player in the mining industry.

Average Trading Volume: 1,724,045

Technical Sentiment Signal: Buy

Current Market Cap: A$7.25B

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

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