How to buy Sandfire Resources shares | A$4.5

Sandfire Resources Limited is a copper business based in Australia. Sandfire Resources shares (SFR) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $4.5 – a decrease of 1.53% over the previous week. Sandfire Resources has a trailing 12-month revenue of around $657.1 million.

How to buy shares in Sandfire Resources

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for Sandfire Resources. Find the share by name or ticker symbol: SFR. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Sandfire Resources reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $4.5, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of Sandfire Resources. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted Sandfire Resources's share price?

Since the stock market crash in March caused by coronavirus, Sandfire Resources's share price has had significant negative movement.

Its last market close was $4.5, which is 8.16% down on its pre-crash value of $4.9 and 63.64% up on the lowest point reached during the March crash when the shares fell as low as $2.75.

If you had bought $1,000 worth of Sandfire Resources shares at the start of February 2020, those shares would have been worth $513.77 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $825.71.

Sandfire Resources share price

Use our graph to track the performance of SFR stocks over time.

Sandfire Resources shares at a glance

• Key figures

Information last updated 2020-09-13.

Latest market close	AUDA$4.5
52-week range	AUDA$2.75 - AUDA$6.69
50-day moving average	AUDA$4.952
200-day moving average	AUDA$4.5083
Target price	AUDA$7.7
PE ratio	10.6576
Dividend yield	AUDA$0.19 (4.16%)
Earnings per share (TTM)	AUDA$0.429

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Sandfire Resources stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Sandfire Resources Limited by TradingView

Sandfire Resources price performance over time

Historical closes compared with the last close of A$4.5

1 week (2020-09-11)	-1.53%
1 month (2020-08-18)	-9.64%
3 months (2020-06-18)	-5.46%
6 months (2020-03-18)	49.01%

1 year (2019-09-18)	-28.46%
2 years (2018-09-18)	-32.23%
3 years (2017-09-18)	-23.21%
5 years (2015-09-18)	-22.81%

Is Sandfire Resources under- or over-valued?

Valuing Sandfire Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Sandfire Resources's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Sandfire Resources's P/E ratio

Sandfire Resources's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Sandfire Resources shares trade at around 11x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Sandfire Resources's PEG ratio

Sandfire Resources's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.5. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Sandfire Resources's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Sandfire Resources's EBITDA

Sandfire Resources's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $324.8 million (£183 million).

The EBITDA is a measure of a Sandfire Resources's overall financial performance and is widely used to measure a its profitability.

Sandfire Resources financials

Revenue TTM	$657.1 million
Operating margin TTM	19.02%
Gross profit TTM	$490.2 million
Return on assets TTM	9.59%
Return on equity TTM	10.67%
Profit margin	11.27%
Book value	4.202
Market capitalisation	$814.6 million

TTM: trailing 12 months

Sandfire Resources share dividends

Dividend payout ratio: 48.97% of net profits

Recently Sandfire Resources has paid out, on average, around 48.97% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.16% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Sandfire Resources shareholders could enjoy a 4.16% return on their shares, in the form of dividend payments. In Sandfire Resources's case, that would currently equate to about A$0.19 per share.

While Sandfire Resources's payout ratio might seem fairly standard, it's worth remembering that Sandfire Resources may be investing much of the rest of its net profits in future growth.

The latest dividend was paid out to all shareholders who bought their shares by 13 September 2020 (the "ex-dividend date").

Have Sandfire Resources's shares ever split?

Sandfire Resources's shares were split on 26 July 2009.

Sandfire Resources share price volatility

Over the last 12 months, Sandfire Resources's shares have ranged in value from as little as $2.75 up to $6.69. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Sandfire Resources's is 1.3584. This would suggest that Sandfire Resources's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Sandfire Resources overview

Sandfire Resources NL explores for, evaluates, and develops mineral tenements and projects in Australia and internationally. It primarily explores for copper, gold, and silver, as well as volcanogenic massive sulphide deposits. The company owns 100% interest in the DeGrussa copper-gold mine located in the Bryah Basin mineral province of Western Australia; and 85% interest in the Black Butte copper project located in central Montana, the United States. It also holds interest in the Tshukudu Project located in Botswana and Namibia within the Kalahari Copper Belt. Sandfire Resources NL was incorporated in 2003 and is based in West Perth, Australia.

Frequently asked questions

• What percentage of Sandfire Resources is owned by insiders or institutions?

  Currently 13.572% of Sandfire Resources shares are held by insiders and 52.223% by institutions.

• When does the fiscal year end for Sandfire Resources?

  Sandfire Resources's fiscal year ends in June.

• Where is Sandfire Resources based?

  Sandfire Resources's address is: 10 Kings Park Road, West Perth, WA, Australia, 6005

• What is Sandfire Resources's ISIN number?

  Sandfire Resources's international securities identification number is: AU000000SFR8