Sandfire Resources NL

Sandfire Resources reported record revenue of USD 1.7bn for fiscal 2026, adjusted EBITDA of USD 867m and adjusted profit of USD 350m; the company paid off all debt and finished with a net cash position of USD 353m. The board announced a final dividend of AUD 0.35 per share, the first payout in more than four years. In the most recent quarter, revenues of USD 574m were well below forecasts (−33.5%), yet the stock jumped significantly in premarket trading as investors focused on the strong yearly profitability and improved balance sheet. Sandfire largely confirmed unchanged production guidance for 2027 and plans higher capital expenditure and increased drilling activity to grow reserves. » More on de.investing.com

Sandfire Resources reports group revenue of USD 408 million and adjusted EBITDA of USD 220 million (54% EBITDA margin) for the third quarter of 2026, with a net cash position of USD 76 million. C1 cash costs were below USD 1 per pound, underscoring cost competitiveness. Operational disruptions from heavy rainfall and unplanned maintenance partially reduced throughput, but the company maintains its production guidance of 149,000–165,000 t copper equivalent. The stock dipped slightly following the results and the earnings call. » More on de.investing.com

Sandfire Resources reported unaudited group revenue of $344 million and adjusted EBITDA of $167 million in Q2 2026, representing a margin of around 50%. The company maintains its annual guidance for copper production and expects production to be weighted to the second half of the year, although operational issues at the Motheo mine hurt performance. Sandfire cut net debt by $301 million and now has a net cash position of $13 million; it also signed a binding term sheet for the Kalkaroo project with Havilah Resources. Exploration activity is focused on the Iberian Pyrite Belt and the Kalahari Copper Belt, while management and investors continue to pursue project reviews such as Black-Butte. » More on de.investing.com