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The latest update is out from Sheffield Resources Limited ( (AU:SFX) ).
Sheffield Resources has requested and been granted a trading halt in its securities on the ASX while it prepares an announcement regarding financing facilities for the Kimberley Mineral Sands joint venture. The halt, aimed at managing the company’s continuous disclosure obligations, will remain in place until either the financing announcement is released or normal trading resumes on 28 January 2026, signalling that a potentially material funding development is imminent for the joint venture and its stakeholders.
The most recent analyst rating on (AU:SFX) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Sheffield Resources Limited stock, see the AU:SFX Stock Forecast page.
More about Sheffield Resources Limited
Sheffield Resources Limited is an Australian-listed resources company focused on mineral sands development, including its interest in the Kimberley Mineral Sands joint venture in Western Australia. The company operates within the mining and resources sector, pursuing project financing and development activities to advance its mineral sands assets.
YTD Price Performance: 30.88%
Average Trading Volume: 579,249
Technical Sentiment Signal: Sell
Current Market Cap: A$35.2M
Find detailed analytics on SFX stock on TipRanks’ Stock Analysis page.