Duyuru • Feb 26
Sandfire Resources Limited Temporarily Suspends Its MATSA Operations in Spain Sandfire Resources Limited announced the death of an employee of a contracting company following an incident at the Company's MATSA operations in Spain. Activities at the site have been temporarily suspended and company is working with the Spanish authorities to complete a thorough investigation so it can fully understand what led to this tragedy and learn from it to ensure it can never happen again. Duyuru • Jan 12
Sandfire Resources Limited Provides Production Guidance for the Fiscal Year 2026 Sandfire Resources Limited provided production guidance for the fiscal year 2026. For the year, the company expects Group CuEq production to 149 kt- 165 kt. Group Ore processed to be 10.2 Mt. Copper to be 102 kt- 114 kt. Zinc to be 94 kt- 104 kt. Lead to be 7.5 kt- 8.5 kt. Silver to be 5.0 Moz- 5.4 Moz. Duyuru • Jan 08
Sandfire Resources Limited to Report Q2, 2026 Results on Jan 22, 2026 Sandfire Resources Limited announced that they will report Q2, 2026 results Pre-Market on Jan 22, 2026 Duyuru • Oct 13
Sandfire Resources Limited to Report Q1, 2026 Results on Oct 27, 2025 Sandfire Resources Limited announced that they will report Q1, 2026 results on Oct 27, 2025 Duyuru • Sep 04
Sandfire Resources Limited, Annual General Meeting, Oct 31, 2025 Sandfire Resources Limited, Annual General Meeting, Oct 31, 2025. Duyuru • Aug 08
Sandfire Resources Limited to Report Fiscal Year 2025 Results on Aug 28, 2025 Sandfire Resources Limited announced that they will report fiscal year 2025 results on Aug 28, 2025 Duyuru • Jul 08
Sandfire Resources Limited to Report Q4, 2025 Results on Jul 29, 2025 Sandfire Resources Limited announced that they will report Q4, 2025 results on Jul 29, 2025 Duyuru • Jun 19
Catalyst Metals Limited (ASX:CYL) completed the acquisition of Old Highway Gold Deposit from Sandfire Resources Limited (ASX:SFR). Catalyst Metals Limited (ASX:CYL) agreed to acquire Old Highway Gold Deposit from Sandfire Resources Limited (ASX:SFR) for AUD 32.5 million on May 8, 2025. A cash consideration will be paid by Catalyst Metals Limited. Completion is subject to customary consents being obtained from relevant stakeholders including Ministerial and third-parties.
Catalyst Metals Limited (ASX:CYL) completed the acquisition of Old Highway Gold Deposit from Sandfire Resources Limited (ASX:SFR) on June 19, 2025. Duyuru • Apr 30
Boab Metals Limited (ASX:BML) agreed to acquire DeGrussa Processing Plant from Sandfire Resources Limited (ASX:SFR) for AUD 10 million. Boab Metals Limited (ASX:BML) agreed to acquire DeGrussa Processing Plant from Sandfire Resources Limited (ASX:SFR) for AUD 10 million on April 30, 2025. A cash consideration will be paid by Boab Metals Limited. As part of consideration AUD 10 million is paid towards assets of DeGrussa Processing Plant.
The transaction is subject to approval by regulatory board / committee and approval of offer by acquirer board.
Completion (and the associated payment due at Completion) is conditional upon Boab reaching a final investment decision on the Sorby Hills Project which is anticipated in H2 2025. Duyuru • Apr 14
Sandfire Resources Limited to Report Q3, 2025 Results on Apr 29, 2025 Sandfire Resources Limited announced that they will report Q3, 2025 results on Apr 29, 2025 Duyuru • Feb 10
Sandfire Resources Limited to Report First Half, 2025 Results on Feb 20, 2025 Sandfire Resources Limited announced that they will report first half, 2025 results on Feb 20, 2025 Duyuru • Jan 07
Sandfire Resources Limited to Report Q2, 2025 Results on Jan 30, 2025 Sandfire Resources Limited announced that they will report Q2, 2025 results on Jan 30, 2025 Duyuru • Oct 15
Sandfire Resources Limited to Report Q1, 2025 Results on Oct 29, 2024 Sandfire Resources Limited announced that they will report Q1, 2025 results on Oct 29, 2024 Reported Earnings • Aug 29
Full year 2024 earnings released: US$0.038 loss per share (vs US$0.12 loss in FY 2023) Full year 2024 results: US$0.038 loss per share (improved from US$0.12 loss in FY 2023). Revenue: US$941.6m (up 16% from FY 2023). Net loss: US$17.3m (loss narrowed 66% from FY 2023). Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 121 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Jul 16
Now 22% undervalued Over the last 90 days, the stock has risen 2.8% to €5.45. The fair value is estimated to be €7.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company became loss making. Duyuru • Jul 02
Sandfire Resources Limited to Report Q4, 2024 Results on Jul 25, 2024 Sandfire Resources Limited announced that they will report Q4, 2024 results on Jul 25, 2024 Duyuru • Apr 16
Sandfire Resources Limited to Report Q3, 2024 Results on Apr 30, 2024 Sandfire Resources Limited announced that they will report Q3, 2024 results on Apr 30, 2024 Duyuru • Apr 03
Sandfire Resources Limited Announces Resignation of Sophie Raven as Joint Company Secretary, Effective 3 April 2024 Sandfire Resources Limited (Sandfire) advised, in accordance with ASX Listing Rule 3.16.1, that Sophie Raven has resigned as Joint Company Secretary effective 3 April 2024. Victoria Twiss remains as Company Secretary in addition to her role as Chief Legal and Compliance Officer. Duyuru • Mar 01
Sandfire Resources Limited Appoints Victoria Twiss as Joint Company Secretary Sandfire Resources Ltd. (Sandfire) announced that Victoria Twiss has been appointed as Joint Company Secretary, in addition to her continuing in the role of Chief Legal and Compliance Officer. Reported Earnings • Feb 25
First half 2024 earnings released: US$0.12 loss per share (vs US$0.065 loss in 1H 2023) First half 2024 results: US$0.12 loss per share (further deteriorated from US$0.065 loss in 1H 2023). Revenue: US$421.1m (down 3.2% from 1H 2023). Net loss: US$53.1m (loss widened 96% from 1H 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Duyuru • Jan 08
Sandfire Resources Limited to Report Q2, 2024 Results on Jan 30, 2024 Sandfire Resources Limited announced that they will report Q2, 2024 results on Jan 30, 2024 Duyuru • Sep 12
Sandfire Resources Limited Announces the Appointment of Paul Harvey as Independent Non-Executive Director Sandfire Resources Limited announced the appointment of highly experienced resources executive, Paul Harvey, to its Board as an Independent Non- Executive Director, effective from 12 September 2023. Following the retirement of Dr. Roric Smith from Sandfire's Board on 30 June 2023, the Company has been engaged in a formal recruitment process to appoint a suitable replacement for Dr. Smith. Mr. Harvey is an experienced resources executive, with operational and projects leadership built from over 35 years' global experience in the resources sector. His recent past roles include being a senior leader at BHP (2005-2015) and South32 (2015-2020), with four years as the latter's Chief Operating Officer with accountability for global manganese, base metals and coal for steel operations, as well as all supporting technical and project functions. He holds a Bachelor of Engineering (Mining) from the Western Australian School of Mines, is a fellow of the Australasian Institute of Mining and Metallurgy and is a graduate and member of the Australian Institute of Company Directors. Mr. Harvey is also currently a Non-Executive Director of De Grey Mining Limited (where he is the chair of the Sustainability Committee and a member of the Remuneration and Nominations Committee), an Advisory Committee member at Wyloo Metals Pty Ltd, and Senior Operating Partner at Appian Capital Advisory. In addition to his role as Non-Executive Director on the Sandfire Board, Mr. Harvey will be a member of its Audit and Finance, Risk and Sustainability, and Nominations Committees. Reported Earnings • Aug 31
Full year 2023 earnings released: US$0.12 loss per share (vs US$0.32 profit in FY 2022) Full year 2023 results: US$0.12 loss per share (down from US$0.32 profit in FY 2022). Revenue: US$815.7m (down 12% from FY 2022). Net loss: US$51.6m (down 146% from profit in FY 2022). Revenue is forecast to grow 12% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Duyuru • Jun 30
Sandfire Resources Limited Announces Management Changes Sandfire Resources Limited announced the appointment of Ms Megan Jansen as Chief Financial Officer (CFO), with long serving CFO, Mr. Matthew Fitzgerald, stepping down from the role from 30 September 2023. Ms Jansen has more than 20 years of experience across finance, commercial, business integration, M&A, shared services, and transformation projects, having most recently served as Global Head of Finance at Imdex Limited. Prior to this, Ms Jansen held various leadership roles at global mining company MMG Limited over a 10-year period. Earlier in her career, Ms Jansen worked in the UK across various industries and organisations, and brings a diverse range of experience to the CFO role. Ms Jansen commenced her career at Ernst and Young, is a Chartered Accountant and holds a Bachelor of Commerce from Curtin University. Megan will commence with Sandfire on 2 October 2023. Duyuru • Jun 07
Sandfire Resources Limited Announces Retirement of Roric Smith as Non-Executive Director, Effective June 30, 2023 Sandfire Resources Limited announced that Dr. Roric Smith will retire as Non-Executive Director of Sandfire on 30 June 2023 to pursue his personal interests. Dr Roric Smith has been a Director of Sandfire since 31 December 2016. As a highly experienced geologist with extensive Australian and international experience, Dr Roric Smith has served on the Board for over seven years seeing the Company through the highly successful operation of the DeGrussa Copper Operations, as well as the acquisition of Sandfire's interests in the Motheo Copper Project in Botswana, and the MATSA Copper Operations in Spain. Dr Roric Smith will continue to support the Company in an advisory role, working directly with the senior management team to progress Sandfire's global exploration program, which includes a significant landholding in two strategically important copper provinces, being the Iberian Pyrite Belt and the Kalahari Coper Belt. The Company has commenced a formal recruitment process to appoint a suitable replacement for Dr Roric Smith. Duyuru • May 31
Alkane Resources Limited (ASX:ALK) completed the acquisition of Two tenement packages in New South Wales from Sandfire Resources Limited (ASX:SFR). Alkane Resources Limited (ASX:ALK) entered into an agreement to acquire Two tenement packages in New South Wales from Sandfire Resources Limited (ASX:SFR) for AUD 1.8 million on March 9, 2023. The transaction is subject to Completion of Due diligence investigation.
Alkane Resources Limited (ASX:ALK) completed the acquisition of Two tenement packages in New South Wales from Sandfire Resources Limited (ASX:SFR) on May 30, 2023. The NSW Minister for Finance and Natural Resources has subsequently approved the transfer of title on May 24, 2023. Buying Opportunity • May 03
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 7.3%. The fair value is estimated to be €4.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings is also forecast to grow by 84% per annum over the same time period. Reported Earnings • Mar 01
First half 2023 earnings released First half 2023 results: Revenue: US$435.2m (up 39% from 1H 2022). Net loss: US$27.1m (down 149% from profit in 1H 2022). Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 1.4% decline forecast for the Metals and Mining industry in Europe. Duyuru • Feb 07
Sandfire Resources Limited to Report First Half, 2023 Results on Feb 28, 2023 Sandfire Resources Limited announced that they will report first half, 2023 results on Feb 28, 2023 Duyuru • Jan 24
Sandfire Resources Limited Announces Near Mine Exploration Success at MATSA Sandfire Resources Ltd. advised that recent underground drilling at its MATSA Copper Operations in south-western Spain has delineated a new zone of volcanic massive sulphide (VMS) copper-zinc-silver mineralisation adjacent to the Aguas Teñidas Mine. The newly identified San Pedro Zone is strategically located less than 100m from, and is likely connected, to the Aguas Teñidas Deposit. The mineralisation is defined by a series of highly encouraging VMS, copper-zinc-silver assay results which have been received from recent and ongoing drilling, with significant assays including: DAF-92: 6.9m @ 0.4% Cu, 3.8% Zn, 1.1% Pb and 33.9ppm Ag from 90.2m; DAF-93: 7.7m @ 0.5%Cu, 4.1% Zn, 1.2% Pb and 46.9ppm Ag from 90.2m; DAF-98: 4.2m @ 0.6% Cu, 7.2% Zn, 5.5% Pb and 95.7ppm Ag from 87.4m; DAF-109: 7.1m @ 1.8% Cu, 1.8% Zn, 0.5% Pb and 23.9ppm Ag from 33.4m; DAF-168: 15.9m @ 2.2% Cu, 1.7% Zn, 0.5% Pb and 27.4ppm Ag from 177.3m; & 8.4m @ 1.1% Cu, 4.0% Zn, 1.5% Pb and 53.6ppm Ag from 202.2m; DAF-151: 13.4m @ 1.5% Cu, 4.1% Zn, 2.2% Pb and 81.5ppm Ag from 126.6m. Drilling to date has confirmed that the newly delineated VMS mineralisation within the San Pedro Zone extends over a strike of at least 400m, with closer spaced drilling on a 20m x 20m pattern completed over a 300m strike extent. The mineralisation is located immediately south of the current Aguas Teñidas Mine and lies within a newly identified VMS mineralised horizon which the Sandfire exploration team identified as part of an ongoing structural geological review. The close proximity of the San Pedro Zone to existing underground mine infrastructure at Aguas Teñidas will allow for expeditious access and potential development, further elevating its importance as a near-mine exploration opportunity. The San Pedro Zone is interpreted to be hosted within the same geological horizon as the AguasTeñidas Mine, suggesting that it is likely part of the same deposit. The geological horizon consists of rhyodacite, tuffs and shales. The identification of the new zone represents one of the most significant initial outcomes of ongoing geological re-interpretation work being conducted by the Sandfire geology team. This re-interpretation work commenced in the December Quarter of FY2023 and aims to build a geologically sound common litho-structural framework integrating all current operations and exploration projects at MATSA. This work is continuing and has the potential to identify additional extensions and other discoveries along the prospective horizon along strike from the Aguas Teñidas Mine. The mineralisation at San Pedro has so far been defined over a strike length of 400m, with the potential to be extended further as it remains open to the west. The Zone can be described as zinc-dominated with drilling returning significant zinc, copper and silver assay results. The San Pedro Zone is interpreted as typical VMS mineralisation of the Iberian Pyrite Belt. Current activities include step-out drilling to test the strike extent of the San Pedro Zone, inconjunction with down-hole electromagnetic (DHEM) surveys to help refine drill targeting and identify accumulations of massive sulphide mineralisation. Hole DAF-171 is currently being drilled to test 250m along-strike from the DAF-168 intersection. Based on its new geological understanding, Sandfire has outlined a 2km strike length of untested prospective horizon. Duyuru • Jan 11
Sandfire Resources Limited to Report Q2, 2023 Results on Jan 24, 2023 Sandfire Resources Limited announced that they will report Q2, 2023 results on Jan 24, 2023 Board Change • Nov 16
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Director Roric Smith is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improved over the past week After last week's 16% share price gain to €2.61, the stock trades at a trailing P/E ratio of 10.9x. Average forward P/E is 6x in the Metals and Mining industry in Germany. Total loss to shareholders of 13% over the past three years. Valuation Update With 7 Day Price Move • Sep 05
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €2.65, the stock trades at a forward P/E ratio of 106x. Average forward P/E is 4x in the Metals and Mining industry in Europe. Total loss to shareholders of 17% over the past three years. Reported Earnings • Aug 31
Full year 2022 earnings released: EPS: US$0.32 (vs US$0.96 in FY 2021) Full year 2022 results: EPS: US$0.32 (down from US$0.96 in FY 2021). Revenue: US$923.3m (up 14% from FY 2021). Net income: US$111.4m (down 35% from FY 2021). Profit margin: 12% (down from 21% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 11% compared to a 4.4% growth forecast for the Metals and Mining industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Board Change • Aug 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Rob John Edwards was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €2.36, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 4x in the Metals and Mining industry in Europe. Total loss to shareholders of 38% over the past three years. Recent Insider Transactions • May 13
Independent Non-Executive Director recently bought €66k worth of stock On the 9th of May, Sally Langer bought around 19k shares on-market at roughly €3.49 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €159k more in shares than they have sold in the last 12 months. Upcoming Dividend • Mar 08
Upcoming dividend of AU$0.03 per share Eligible shareholders must have bought the stock before 15 March 2022. Payment date: 30 March 2022. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 5.9%. Within top quartile of German dividend payers (3.6%). Lower than average of industry peers (9.1%). Recent Insider Transactions • Mar 04
Independent Non-Executive Director recently bought €60k worth of stock On the 2nd of March, John Richards bought around 15k shares on-market at roughly €3.97 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €82k more in shares than they have sold in the last 12 months. Executive Departure • Dec 02
Independent Non-Executive Director Paul Hallam has left the company On the 26th of November, Paul Hallam's tenure as Independent Non-Executive Director ended after 8.5 years in the role. As of September 2021, Paul still personally held only 10.00k shares (€34k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.33 years, which is considered inexperienced in the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Oct 16
Investor sentiment improved over the past week After last week's 15% share price gain to €3.82, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total returns to shareholders of 2.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.35 per share. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €3.16, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total loss to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.65 per share. Reported Earnings • Sep 01
Full year 2021 earnings released: EPS AU$0.96 (vs AU$0.43 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$811.4m (up 24% from FY 2020). Net income: AU$171.6m (up 132% from FY 2020). Profit margin: 21% (up from 11% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year. Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment deteriorated over the past week After last week's 16% share price decline to AU$3.66, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total loss to shareholders of 6.2% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.77 per share. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improved over the past week After last week's 16% share price gain to AU$4.92, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 7.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.01 per share. Is New 90 Day High Low • Mar 04
New 90-day high: €4.02 The company is up 18% from its price of €3.42 on 03 December 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 52% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.32 per share. Analyst Estimate Surprise Post Earnings • Feb 28
Revenue beats expectations Revenue exceeded analyst estimates by 2.7%. Over the next year, revenue is forecast to stay flat compared to a 22% growth forecast for the Metals and Mining industry in Germany. Reported Earnings • Feb 26
First half 2021 earnings released: EPS AU$0.34 (vs AU$0.21 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: AU$353.6m (up 13% from 1H 2020). Net income: AU$60.8m (up 78% from 1H 2020). Profit margin: 17% (up from 11% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 08
New 90-day high: €3.58 The company is up 36% from its price of €2.64 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 53% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.08 per share. Is New 90 Day High Low • Dec 02
New 90-day high: €3.36 The company is up 15% from its price of €2.92 on 03 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.92 per share. Valuation Update With 7 Day Price Move • Dec 02
Market bids up stock over the past week After last week's 25% share price gain to AU$3.36, the stock is trading at a trailing P/E ratio of 12.6x, up from the previous P/E ratio of 10x. This compares to an average P/E of 13x in the Metals and Mining industry in Europe. Total return to shareholders over the past three years is a loss of 2.4%. Is New 90 Day High Low • Oct 02
New 90-day low: €2.38 The company is down 21% from its price of €3.02 on 03 July 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.89 per share. 
