Australia's Sandfire Resources jumps on record quarterly revenue

Sandfire Resources

23/07/2026 07:01

** Shares of Australia's Sandfire Resources SFR.AX rise as much as 6.3% to A$19.87, hitting their highest level since July 1
** Mining and exploration co reports record quarterly revenue of $574 million and underlying EBITDA of $343 million
** Group copper-equivalent production rose 38% quarter-on-quarter to 47.6kt from 41.8 kt last year 
** Co expects FY27 copper-equivalent production of 150kt-166kt
** Stock up 8.2% YTD, including session's moves

 (Reporting by Subhalakshmi Dey in Bengaluru)
 ((Subhalakshmi.Dey@thomsonreuters.com;))