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Sandfire (SFR)

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

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Sandfire (SFR)

“Hi, healthy new year to you. Can I get your thoughts on Sandfire please” – Cheers Peter W.

Answer

Morning Peter,

Copper and gold business Sandfire Resources (SFR) has been a disappointing performer for years, largely because they have a mine with a short lifespan, and they’ve had some operational issues. While it regularly bounces strongly, we would rather invest in the sector / space through the quality end of town i.e. OZ Minerals (OZL).

SFR
MM is neutral SFR.
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Sandfire Resources (SFR)
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