SFR sandfire resources limited

3.19%

$11.33

I dont consider SFR over-bought at this time.Production X Cu...

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Ashentegra

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1530

15/04/24

07:56

Post #: 73341390
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Originally posted by BWM28: ↑

Hi Ashentegra
The shift from surplus cooper this year to supply deficit has been rapid, its caught me off guard a little (b@gger) . I held off topping up further in the $6 and $7 range as a 2024 surplus was forecast globally. A few months later we are in deficit. I got that one wrong by the looks and doubt I'm alone.. The article suggests I should procure more however I am tentative. The copper price continues rising and SFR with it and SFR is in over bought territory making the stock very sensitive to copper price movement. cooper has moved from a global forecast surplus of 300kt in early November 2023 to a 750kt deficit five months late, thats a massive shift in a short period. I might do a little more digging into the deficit forecast. Thanks for sharing the information.

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I dont consider SFR over-bought at this time.

Production X Cu Price = results.

Prices are better with more rises likely. Production for the Quarter will be revealed in a few weeks. BH & team can be expected to hit their self-set targets for significant production increases. This will be capitalised.

Be careful out there.

Ash

SFR Price at posting: $9.07 Sentiment: Buy Disclosure: Held
5 Upvote

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(20min delay)
Last $11.33		Change 0.350(3.19%)		Mkt cap ! $5.201B

Open	High	Low	Value	Volume
$11.35	$11.57	$11.24	$30.71M	2.693M

Buyers (Bids)

No.	Vol.	Price($)
1	3000	$11.31

Sellers (Offers)

Price($)	Vol.	No.
$11.37	2610	1

View Market Depth

No.	Vol.	Price($)
1	3000	11.310
3	11077	11.290
2	8754	11.280
1	2716	11.270
3	9467	11.260

Price($)	Vol.	No.
11.370	2610	1
11.380	6066	1
11.390	9363	1
11.400	10789	4
11.410	2726	1

Last trade - 16.10pm 27/06/2025 (20 minute delay)

SFR (ASX) Chart

I dont consider SFR over-bought at this time.Production X Cu...

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NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

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I dont consider SFR over-bought at this time.Production X Cu...

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Buyers (Bids)

Sellers (Offers)

Featured News