BUZZ-Australia's Sandfire Resources slips on lower copper output
Reuters
Jan 22
BUZZ-Australia's Sandfire Resources slips on lower copper output
** Shares of Australia's Sandfire Resources SFR.AX fall as much as 4.1% to A$18.58, post their biggest intraday percentage drop since Dec 30
** Copper explorer says it achieved group copper equivalent production of 72.1kt in H1 FY26, nearly 5% lower than previous year
** Reports underlying operations EBITDA of $187 million for Q2 vs $153 million in the corresponding period of prior year
** Retains all production, cost and capex guidance for FY26 with volumes now expected to be more heavily weighted towards H2 FY26 - SFR
** SFR up 5.8% YTD
(Reporting by Keshav Singh Chundawat in Bengaluru)
((Keshav.singhchundawat@thomsonreuters.com))
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