Sandfire Resources stock trades at AUD 22.36 before its AGM

Published on 10/08/2026 at 06:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sandfire Resources stock was trading at AUD 22.36 on October 8, 2026, before its October 30 annual meeting. Fiscal 2026 revenue rose 39 percent to USD 1.66 billion.

Sandfire, AU000000SFR8, Illustration mit AI erstellt.

Sandfire Resources (ISIN AU000000SFR8) was trading at AUD 22.36 on the ASX on October 8, 2026, at 3:10 p.m. AEDT, down 0.31 percent from the prior close. The Australian copper producer now approaches its October 30 annual general meeting, a dated checkpoint for shareholders after a sharp improvement in fiscal 2026 earnings.

Fiscal revenue reached USD 1.66 billion

According to Simply Wall St in its fiscal 2026 earnings update dated August 26, 2026, revenue rose 39 percent year over year to USD 1.66 billion. Net income reached USD 355.8 million, up 282 percent from fiscal 2025, while earnings per share increased to USD 0.76 from USD 0.20.

The comparison matters because the revenue gain was accompanied by a much larger increase in net income. Sandfire also returned to dividend payments after debt repayment, giving the October meeting a financial backdrop that is materially different from the prior fiscal year.

Consensus target sits near the share price

Investing.com lists a Neutral consensus from 15 analysts, with an average 12-month price target of AUD 22.317. The published range extends from AUD 19.20 to AUD 26.00, with 5 Buy, 8 Hold and 2 Sell ratings.

That average target is AUD 0.043 below the ASX price used in this article, so the consensus points to a tightly balanced valuation rather than a broad analyst expectation of further rerating. The range itself remains wide, placing execution at the Motheo copper project and the MATSA operations at the center of the next investor debate.

October dates set the next checkpoints

Simply Wall St lists the annual general meeting for October 30, 2026. The same company calendar data identifies October 27, 2026, as the next earnings date, making the results release the earlier test of production, costs and cash generation.

For investors, the key contrast is clear: fiscal 2026 delivered USD 355.8 million of net income and 39 percent revenue growth, while the average analyst target remains close to the current AUD 22.36 share price.

Sandfire Resources stock holds above AUD 22

Sandfire Resources stock was trading at AUD 22.36 on the ASX on October 8, 2026, at 3:10 p.m. AEDT. Its 52-week range was AUD 14.41 to AUD 25.00, and its market capitalization was AUD 10.4 billion.