Sandfire Resources (ASX:SFR) reported group copper equivalent production of 35,500 tonnes for the fiscal first quarter, down from 38,300 tonnes a year earlier, according to a Monday filing with the Australian bourse.

The company maintained its fiscal 2026 group copper equivalent production guidance in the range of 149,000 to 165,000 tonnes and said it remains on track to meet the mid-point production of 157,000 tonnes.

Shares of the company rose 2% in recent Monday trade.