Sandfire Resources (ASX:SFR) reported Thursday fiscal first-half basic underlying earnings of $0.233 per basic share, up from $0.107 a year earlier.

Analysts polled by FactSet expected earnings of $0.21.

Revenue for the six months ended Dec. 31, 2025, was $672.1 million, compared with $572.3 million a year earlier. Analysts surveyed by FactSet expected $667 million.

The company maintained its fiscal 2026 copper-equivalent production guidance at between 149,000 and 165,000 tonnes while raising its capital expenditure forecast to $240 million from $230 million.