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How to buy Sandfire Resources (SFR) shares

Learn how to easily invest in Sandfire Resources shares.

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Sandfire Resources is a copper business based in Australia. Sandfire Resources shares (SFR) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Sandfire Resources has a trailing 12-month revenue of around $648.6 million. If you're looking to buy shares, check out the steps below.

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 ASX. Our table can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, such as 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. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check on your investment. Congratulations, you own a part of Sandfire Resources. Optimise your portfolio by tracking how your stock and 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 affect your stock.

Sandfire Resources stock price (ASX:SFR)

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

Sandfire Resources shares at a glance

Information last updated 2022-06-29.
52-week range$4.38 - $7.4544
50-day moving average $5.307
200-day moving average $5.911
Target price$6.63
PE ratio 6.5899
Dividend yield $0.207 (5.56%)
Earnings per share (TTM) $0.695

Compare share trading platforms

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.
1 - 10 of 10
Name Product Standard brokerage fee Inactivity fee Markets
ThinkMarkets Share Trading
$8
No
ASX shares
Exclusive: Sign up through Finder and get 3 months of free trading up to 50 trades. Offer available to new customers only.
Following your first three months, enjoy $8 flat fee CHESS sponsored brokerage as well as free live stock data all from the convenience of an easy-to-use mobile app
IG Share Trading
$2.50 for July + August ($5-$8 standard fee applies thereafter)
No
ASX shares, US shares, UK shares, ETFs, and more
For the months of July and August, trade Aussie shares from $2.50 and international shares from $0. T&Cs apply.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Tiger Brokers
Exclusive
Tiger Brokers
$6.49
No
ASX shares, Global shares, Options trading, US shares, ETFs
Exclusive to Finder: Sign up to Tiger through Finder and on completion of your first deposit of any amount or transfer of shares receive 4 extra free grab shares. T&Cs apply.
Get started with $0 brokerage on ASX and US stocks for the first 3 months upon completion of your first qualifying deposit. Also receive a free Apple share if you deposit $3,000 or more.
SelfWealth (Basic account)
$9.5
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ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
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CMC Markets Invest
$0
No
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 35,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges. Plus, buy Aussie shares for $0 brokerage up to $1,000. (Limited to one buy order per stock per trading day).
Bendigo Invest Direct
$19.95
No
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
Gain access to 12 markets from one account with Bendigo.
Invest in Australian shares and access major international markets through a trusted local brand. Plus, fine tune your investment knowledge with Bendigo’s advanced research and analysis tools.
GO Markets Share Trading
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No
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Zero brokerage on your first 20 trades
Trade 2,500 ASX listed shares from desktop or mobile and enjoy $0 brokerage on your first 20 trades, $7.70 trades after.
Saxo Capital Markets (Classic account)
$5
No
ASX shares, Global shares, ETFs
Access 22,000+ stocks on 50+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
Bell Direct Share Trading
$15
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Invest in Australian shares, options and managed funds from the one account with no inactivity fee.
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Superhero share trading
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Enjoy $0 brokerage on US stocks and buying ETFs as well as a flat $5 fee to trade Australian shares.
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Is it a good time to buy Sandfire Resources stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. 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.

Sandfire Resources price performance over time

Historical closes compared with the last close of A$4.45

1 week (2022-06-23) -1.11%
1 month (2022-06-01) -18.35%
3 months (2022-04-01) -22.20%
6 months (2021-12-31) -32.37%
1 year (2021-07-01) -34.46%
2 years (2020-07-01) -11.00%
3 years (2019-07-01) -35.51%
5 years (2017-06-30) -21.24%

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 7x. In other words, Sandfire Resources shares trade at around 7x 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 $340.1 million (£0.0 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 $648.6 million
Operating margin TTM 32.29%
Gross profit TTM $634.3 million
Return on assets TTM 9.85%
Return on equity TTM 12.36%
Profit margin 20.91%
Book value 3.981
Market capitalisation $1.9 billion

TTM: trailing 12 months

Sandfire Resources share dividends

36%

Dividend payout ratio: 35.9% of net profits

Recently Sandfire Resources has paid out, on average, around 35.9% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.56% 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 5.56% return on their shares, in the form of dividend payments. In Sandfire Resources's case, that would currently equate to about A$0.207 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 15 March 2022 (the "ex-dividend date").

Have Sandfire Resources's shares ever split?

Sandfire Resources's shares were split on 27 July 2009.

Sandfire Resources share price volatility

Over the last 12 months, Sandfire Resources's shares have ranged in value from as little as $4.38 up to $7.4544. A popular way to gauge a stock's volatility is its "beta".

SFR.AU volatility(beta: 1.09)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Sandfire Resources's is 1.0904. This would suggest that Sandfire Resources's shares are a little bit more volatile than the average for this exchange and represent, relatively speaking, a slightly higher risk (but potentially also market-beating returns).

Sandfire Resources overview

Sandfire Resources Limited explores for, evaluates, and develops mineral tenements and projects in Australia and internationally. It primarily explores for copper, gold, and silver, as well as sulphide deposits. The company owns a 100% interest in the DeGrussa copper-gold mine located in the Bryah Basin mineral province of Western Australia; and 87% interest in the Black Butte copper project situated in central Montana, the United States. It also holds interest in the Tshukudu project located in Botswana and Namibia within the Kalahari Copper Belt; and the Motheo copper project situated in the Kalahari Copper Belt in Botswana. Sandfire Resources Limited was incorporated in 2003 and is based in West Perth, Australia.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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