SANDFIRE RESOURCES NL (SFR) Shares

ABOUT SANDFIRE RESOURCES NL

Sandfire Resources NL is an Australia-based mining and exploration company listed on the Australian Securities Exchange (ASX) and targets mineral discoveries within a portfolio of projects assembled by one of Australia’s most successful prospecting geologists, Graeme Hutton.

The company’s key asset is the DeGrussa Copper-Gold Mine in Western Australia, but it also has exploration assets that targets a range of other commodities throughout Australia.

Sandfire Resources America Inc. is a subsidiary of Sandfire Resources NL and acquires, explores for, and develops resource properties in the United States and Canada where the company explores for copper, cobalt, zinc, lead, and silver deposits.

Its flagship property is the Black Butte copper project that consists of approximately 7 684 acres of fee-simple lands and 4 541 acres in 239 Federal unpatented lode-mining claims in Montana, United States.

OVERVIEW OF SANDFIRE RESOURCES NL

• Sandfire Resources NL’s flagship DeGrussa Copper-Gold Mine is located approximately 900 kilometer north-east of Perth in Western Australia and produces copper concentrate and copper grade with notable gold and silver credits.
• It also holds the T3 Copper-Silver Project, which is a copper exploration and development asset in Botswana in southern Africa where the project covers approximately 11 700 square kilometers in the Kalahari Copper Belt.
• Through joint ventures and farm-in agreements, it also holds various other projects, such as Greater Doolgunna Project, Morck Well Project, Peak Hill Project, Enterprise Project, Bryah Project, Springfield Project and Cheroona Project.

VISION & VALUES OF SANDFIRE RESOURCES NL

• Sandfire Resources NL’s vision is to build a sustainable, mid-tier mining company that keeps operating in the upper quartile of global performance benchmarks. It is their mission to produce base and precious metals safely and profitably from its operations for the benefit of shareholders and stakeholders.
• The company’s values are designed to create safety and care for the environment, encourage respect and integrity, work with communities for mutual benefit and strive for continuous improvement, technical excellences and innovation while optimising profitability through effective operating practices and cost consciousness.
• The company stays committed to environmentally responsible management of facilities and activities.
• Sandfire Resources NL follows this sustainable value chain to ensure that current and future needs of customers are met and aims to maximise returns, income levels, growth and capital appreciation for shareholders who purchase shares with them.

MARKET PERFORMANCE OF SANDFIRE RESOURCES NL

• Sandfire Resources NL’s shares trade on the Australian Securities Exchange (ASX) under the stock symbol SFR, listed in the Materials sector.
• Highlights of the company’s performance in 2019 include revenue of US Dollar 592.06 million by 30 June, net income of US Dollar 106.46 million and a profit margin of 17.98%. Its balance sheet showed total assets of US Dollar 735.85 million and total liabilities of US Dollar 131.67 million.
• Due to Sandfire Resources NL’s continued good performance on this market shareholders can buy or sell shares with confidence and expect sound dividends and returns in 2019 and further.

Buy SANDFIRE RESOURCES NL stocks / shares – A Step by Step Guide how to Buy / Purchase SANDFIRE RESOURCES NL Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy SANDFIRE RESOURCES NL Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN SANDFIRE RESOURCES NL STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE SANDFIRE RESOURCES NL STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of SANDFIRE RESOURCES NL stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

1. Is it the best time to buy this stock / share?
2. Should I buy SANDFIRE RESOURCES NL stocks / shares in the current economic climate?
3. Can I afford to buy this stock / share?
4. What is the forecast of the stock / share growth?
5. What is the current price per earning ration on the stock / share?