SANDFIRE RESOURCES LIMITED (SFR)
Share Price Analysis and Chart

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SFR - SANDFIRE RESOURCES LIMITED

FNArena Sector : Copper
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 1.68
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

Sandfire Resources is an Australian mining and exploration company. Its main asset is the DeGrussa copper/gold mine in Western Australia. The company was formed and listed in 2004.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$10.21

21 Nov
2024

0.030

OPEN

$10.40

0.29%

HIGH

$10.40

1,295,427

LOW

$10.15

TARGET
$9.783 -4.2% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
29M . A1M . AML . AR1 . CNB . CSC . CVV . CYM . FFM . FND . HGO . LEG . MAC . MLX . NEM . NWC . STM . TTM .
FNARENA'S MARKET CONSENSUS FORECASTS
SFR: 1
Title FY25
Forecast		 FY26
Forecast
EPS (cps) 51.8 xxx
DPS (cps) 0.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 19.8 xxx
Dividend Yield 0.0% xxx
Div Pay Ratio(%) N/A xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 15/03 - ex-div 3c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx-5.8
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx1,406.4 M
Book Value Per Share xxxxxxxxxxxxxxx547.2
Net Operating Cash Flow xxxxxxxxxxxxxxx437.9 M
Net Profit Margin xxxxxxxxxxxxxxx-1.88 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx-1.04 %
Return on Invested Capital xxxxxxxxxxxxxxx-0.80 %
Return on Assets xxxxxxxxxxxxxxx-0.56 %
Return on Equity xxxxxxxxxxxxxxx-1.04 %
Return on Total Capital xxxxxxxxxxxxxxx1.46 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx101.5 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx94 M
Long Term Debt xxxxxxxxxxxxxxx778 M
Total Debt xxxxxxxxxxxxxxx872 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx275 M
Price To Book Value xxxxxxxxxxxxxxx1.60

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx338.7 M
Capex % of Sales xxxxxxxxxxxxxxx24.08 %
Cost of Goods Sold xxxxxxxxxxxxxxx1,341 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx15 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx3 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.1

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

3

xxxxxxxxx xx xxxxxxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

30/10/2024

3

Equal-weight

$8.25

-19.20%

Morgan Stanley highlights Sandfire Resources reported production which met expectations but Motheo costs were 5% higher than consensus forecasts, but 11% better than the analyst's estimates.

Matsa costs were above Morgan Stanley's forecast by 8% and 15% higher than consensus from reduced by-product sales and euro strength which has now unwound.

There are no changes to the broker's earnings forecasts. Target price remains at $8.25 with Equal-weight. Industry view is Attractive. 

FORECAST
Morgan Stanley forecasts a full year FY25 dividend of 0.00 cents and EPS of 40.71 cents.
Morgan Stanley forecasts a full year FY26 dividend of 37.70 cents and EPS of 76.90 cents.

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

4

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Canaccord Genuity

xx/xx/xxxx

3

xxxxxxxxx xx xxxx xxxx xxx

$xx.xx

xx.xx%

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Jarden

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Wilsons

16/10/2024

3

Downgrade to Market Weight from Overweight

$9.90

-3.04%

Wilsons notes Sandfire Resources' share price has rallied 35% since the broker upgraded the company to Overweight in late July.

A rebound in copper prices and an improving reputation for reliability of delivery are believed to be factors for the rally.

Sandfire Resources is due to report 1Q25 results on Oct 29. Wilsons anticipates another solid quarter, including copper production of 27kt.

The stock is downgraded to Market Weight from Overweight with a target price of $9.90. Further Chinese stimulus is acknowledged as a potential upside risk.

FORECAST
Wilsons forecasts a full year FY25 dividend of 0.00 cents and EPS of 40.56 cents.
Wilsons forecasts a full year FY26 dividend of 0.00 cents and EPS of 55.64 cents.

Goldman Sachs

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Access Extra Coverage Research History >

SFR STOCK CHART

FNArena News on SFR

1
Rudi’s View: The Importance Of ‘Quality’ Growth

Nov 21 2024 - Rudi's View
2
Rudi’s View: A Rally With No Earnings Support

Nov 14 2024 - Rudi's View
3
Rudi’s View: Trump Returns, What Now?

Nov 07 2024 - Rudi's View
4
Weekly Ratings, Targets, Forecast Changes – 01-11-24

Nov 04 2024 - Weekly Reports
5
In Case You Missed It – BC Extra Upgrades & Downgrades – 01-11-24

Nov 01 2024 - Weekly Reports

Latest Copper News

1
Sandfire’s Inverse-Head-And-Shoulders

Sep 24 2024 - Technicals
2
Listen To What Dr. Copper Has To Say

Jun 06 2024 - Technicals
3
Copper: Due A Breather

Apr 17 2024 - Technicals
4
Preparing For Copper Price Upside

Mar 26 2024 - Commodities
5
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Aug 24 2023 - Technicals
6
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Jun 22 2023 - Technicals
7
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Sep 09 2022 - Commodities
8
Global Net Zero Target Faces Copper Shortage

Aug 24 2022 - Commodities
9
Copper: Buyers Required

Jun 29 2022 - Technicals
10
Inflation Drives Declines at OZ Minerals

Jun 29 2022 - Australia