Overview
Sandfire Resources NL (
ASX: SFR) is a copper-gold exploration company based in Perth. Listed on the Australian Securities Exchange (ASX) in 2004, Sandfire Resources was later added in the ASX 200 index in 2010 (not to be confused with ASX 100). Their Copper-Gold mine, DeGrussa, has been one of the best finds made in the history of Western Australia and has since been serving Sandfire Resources with good revenues.
The company is being categorized as a Small Core company by
Morningstar despite it being one of the largest copper producers in Australia.
Main Projects
Australia: DeGrussa Mine , Monty Mine
USA: Black Butte Copper Project
Alaska: Zinc VMS project
Bosnia and Herzegovina: Rupice project
Financials
Sandfire’s revenue and assets have been steadily rising while net profits are surging at an even faster pace. Cash balances are picking up since year 2016. All these good signs ......
