The stock of Sandfire Resources NL (ASX:SFR) is a huge mover today! The stock increased 5.60% or $0.32 on November 22, hitting $6.03. About 1.46 million shares traded hands. Sandfire Resources NL (ASX:SFR) has risen 4.69% since April 26, 2016 and is uptrending. It has outperformed by 0.13% the S&P500.
The move comes after 7 months positive chart setup for the $951.15 million company. It was reported on Nov, 22 by Barchart.com. We have $6.33 PT which if reached, will make ASX:SFR worth $47.56M more.
More important recent Sandfire Resources NL (ASX:SFR) news were published by: Fool.com.Au which released: “Is OZ Minerals Limited exit of Sandfire Resources NL a mixed blessing for …” on March 13, 2015, also Seekingalpha.com published article titled: “Sandfire Resources’ Free Cash Flow Is In Free Fall”, Fool.com.Au published: “The Mining Investor’s Handbook â€“ Company Analysis â€“ Sandfire Resources” on September 11, 2015. More interesting news about Sandfire Resources NL (ASX:SFR) was released by: Marketwired.com and their article: “Sandfire Resources Acquires Additional Common Shares of Tintina Resources Inc.” with publication date: October 21, 2016.
Sandfire Resources NL is a mining and exploration company. The company has a market cap of $951.15 million. The Company’s principal activities are production and sale of copper, gold and silver from its DeGrussa Mine in Western Australia, and exploration and evaluation of mineral tenements and projects in Australia and overseas. It has a 19.78 P/E ratio. It has two divisions: The DeGrussa Copper Mine and Exploration and evaluation.
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