Morningstar - Sandfire Resources Limited (SFR) Pressure for Exploration Success Mounts With Reserve Life at DeGrussa Less Than Five Years

Report

Morningstar

Mathew Hodge

EUR 100.00 For Business Accounts Only

Pressure for Exploration Success Mounts With Reserve Life at DeGrussa Less Than Five Years

Sandfire Resources has approached small-cap ASX-listed Mod Resources, or Mod, to explore a potential acquisition. Prospective copper miner Mod hopes to develop its T3 deposit in Botswana. A prefeasibility study completed in early 2018 outlined aims to produce about 25,000 to 30,000 tonnes of copper a year for about 10 years from a 590,000 tonne copper resource.
Mod has so far rebuffed Sandfireâ€™s advances and is instead reportedly looking to raise capital to complete its feasibility study, which ...

07/02/2019 13 EN

Underlying

Sandfire Resources Limited

Sandfire Resources is a mining and exploration company. Co. is engaged in the production and sale of copper, gold and silver; and the exploration and evaluation of mineral tenements and projects in Australia and overseas. Co. has two operating segments: The DeGrussa Copper Mine, a copper-gold mine located in the Bryah Basin mineral province of Western Australia; and Exploration and evaluation, which includes exploration and evaluation of the mineral tenements in Australia and overseas, including exploring for potential repeats of the DeGrussa Volcanogenic Massive Sulphide mineralised system at the Doolgunna Projects and Co.'s investment in Tintina Resources Inc and WCB Resources Ltd.

See profile

AU000000SFR8 Australian Securities Exchange Australia

Provider

Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

See profile

Analysts

Mathew Hodge

Other Reports on these Companies

SmartInsider

Sandfire Resources Limited: 1 director

A director at Sandfire Resources Limited maiden bought 4,000 shares at 8.275AUD and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. ...

Free Trial

September 9, 2024 September 9, 2024 1 EN

Fundamental Research

Avrupa Minerals Ltd. (TSXV: AVU / OTC: AVPMF / FSE: 8AM) – Advancing a Polymetallic Project With a Mid-Tier Miner

Fundamental Research Corp has issued a report entitled “Advancing a Polymetallic Project With a Mid-Tier Miner” and dated Nov 7, 2023. The full report is now at

EUR 95.23

November 9, 2023 November 9, 2023 1 EN

TheScreener

Increased risk weighs on SANDFIRE RESOURCES, penalising its rating down to Slightly Negative

The independent financial analyst theScreener just lowered the general evaluation of SANDFIRE RESOURCES (AU), active in the General Mining industry. As regards its fundamental valuation, the title still shows 3 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Slightly Negative. As of the analysis date February 25, 2022, the closing price was AUD 7.00 and its target price was estimated at AUD 5.44.

Free Trial

February 26, 2022 February 26, 2022 1 EN

Business as Usual for No-Moat Lonza; Specialty Ingredients Carve-Out on Track for 2020

Contract manufacturer Lonza reported solid half-year results, with over CHF 2.9 billion in total sales year to date, up about 6.4% from last year and boosted by foreign exchange tailwinds. Core EBITDA margin expanded 30 basis points from last year to about 27.8%, helped slightly by new accounting standards. Management indicated that it continues to expect mid- to high-single-digit sales growth in 2019. We are maintaining our fair value estimate of CHF 210 per share and our no-moat rating. The ph...

EUR 100.00

July 25, 2019 July 25, 2019 13 EN

Damien Conover

Damien Conover

Astra Posts Solid 2Q, Driven by Strong Cancer Drug Sales and Moving Away From One-Time Divestments

We don't expect any major changes to our AstraZeneca fair value estimate following second-quarter results that largely fell in line with our expectations and slightly ahead of consensus expectations. Overall, the company is posting leading Big Pharma sales growth with total sales up 18% operationally year over year, led by impressive cancer drug sales growth of 57%. Astra's ability to continue to bring next generation drugs to the market that address unmet medical need (especially in oncology) s...

EUR 100.00

July 25, 2019 July 25, 2019 14 EN

Damien Conover

Damien Conover

Astra Posts Solid 2Q, Driven by Strong Cancer Drug Sales and Moving Away From One-Time Divestments

EUR 100.00

July 25, 2019 July 25, 2019 14 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

Pressure for Exploration Success Mounts With Reserve Life at DeGrussa Less Than Five Years

Sandfire Resources Limited: 1 director

Avrupa Minerals Ltd. (TSXV: AVU / OTC: AVPMF / FSE: 8AM) – Advancing a Polymetallic Project With a Mid-Tier Miner

Increased risk weighs on SANDFIRE RESOURCES, penalising its rating down to Slightly Negative

Business as Usual for No-Moat Lonza; Specialty Ingredients Carve-Out on Track for 2020

Astra Posts Solid 2Q, Driven by Strong Cancer Drug Sales and Moving Away From One-Time Divestments

Astra Posts Solid 2Q, Driven by Strong Cancer Drug Sales and Moving Away From One-Time Divestments

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe