ASX:SFR 4 May 2026

Sandfire falls as ASX copper trade hits tough patch
·

Sandfire falls as ASX copper trade hits tough patch

Sandfire Resources fell 3.16% to A$18.67 in Sydney on Tuesday, tracking losses across Australian mining stocks despite copper prices holding near multi-year highs. Capstone Copper dropped 6.46%. The S&P/ASX 200 closed down 0.24%, weighed by weakness in gold, metals, and materials shares. Sandfire remains up over 60% from a year ago.
June 9, 2026
Sandfire Resources Stock Rebounds, But One Copper Risk Is Still Hanging Over It
····

Sandfire Resources Stock Rebounds, But One Copper Risk Is Still Hanging Over It

Sandfire Resources closed at A$16.78 on May 1, up 2.88% after a prior drop, amid fresh equity filings and operational concerns. The company kept FY26 copper-equivalent guidance at 149,000–165,000 tonnes but warned output may be at the lower end. Q3 group copper-equivalent output reached 34,500 tonnes. CEO Brendan Harris sold 172,333 shares to cover tax after vesting rights, holding 665,305 shares indirectly.
May 4, 2026