Sandfire Resources (SFRRF) Projected to Post Quarterly Earnings on Wednesday

Sandfire Resources (OTCMKTS:SFRRF) is anticipated to announce its results before the market opens on Wednesday, August 26th. Analysts expect the company to announce earnings of $0.5820 per share and revenue of $977.5170 million for the quarter.

Sandfire Resources Stock Performance

Sandfire Resources stock opened at $15.14 on Monday. Sandfire Resources has a 1 year low of $7.40 and a 1 year high of $15.50. The firm’s 50 day moving average price is $14.41 and its two-hundred day moving average price is $13.23.

Analyst Ratings Changes

Separately, Royal Bank Of Canada downgraded Sandfire Resources to a “sector perform” rating in a research report on Friday, July 24th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Sandfire Resources Company Profile

Sandfire Resources (OTCMKTS:SFRRF) is an Australian-based mining and exploration company focused on the discovery, development and production of high?grade copper resources. The company’s core operations are anchored by the DeGrussa Copper?Gold Mine in Western Australia, where open?pit and underground mining techniques produce copper?gold concentrate for regional smelters. In addition to DeGrussa, Sandfire Resources has advanced development projects and exploration assets in Botswana and North America, positioning itself as a diversified copper producer with a growing international footprint.

Sandfire’s principal business activities encompass project acquisition, feasibility studies, mine construction, and ongoing mine operations.