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Sandfire Resources Limited ( (AU:SFR) ) just unveiled an announcement.
Sandfire Resources Ltd has updated its Mineral Resource and Ore Reserve estimates for the Motheo asset in Botswana, reflecting a decrease in contained copper and silver due to mining depletion and remodelling of deposits. The company aims to enhance its understanding of the geological controls in the region, with plans to declare a maiden Ore Reserve estimate for the A1 deposit by June 2026, indicating a strategic focus on extending the life of the Motheo operations.
The most recent analyst rating on (AU:SFR) stock is a Hold with a A$12.55 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 Ltd is a company operating in the mining industry, focusing on the extraction and production of copper and silver. The company has significant operations in the Kalahari Copper Belt in Botswana, where it manages multiple open-pit mines.
Average Trading Volume: 1,803,026
Technical Sentiment Signal: Buy
Current Market Cap: A$5.78B
For detailed information about SFR stock, go to TipRanks’ Stock Analysis page.