Sandfire Resources Returns to Profit in Fiscal H1 as Revenue Rises

MT Newswires Live
02-20

Sandfire Resources (ASX:SFR) reported Thursday earnings per diluted share of $0.112 in the fiscal first half, compared with a loss of $0.116 per diluted share a year earlier.

Analysts polled by Visible Alpha expected EPS of $0.11.

Revenue from ordinary activities for the six months to Dec. 31, 2024, was $572.3 million, up 37% from $417.9 million in the same period last year. Analysts surveyed by Visible Alpha expected $580 million.

The mining firm said it had produced 49% of its 154,000 copper equivalent guidance for the full fiscal year.

No dividends were declared during the reported period.

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