Is sandfire resources a good investment?

The latest financial results were strong: Revenue for the first half was up 13.6% to $355.6 million, EBITDA was up 30.6% at $238 million, and NPAT was up 78% to $60.8 million. And this is reflected in the balance sheet. SFR has no debt and $463 million in the bank. Sandfire is currently a single mine company.

What does sandfire Resources do?

Sandfire Resources. Sandfire is a leading Australian copper producer which operates the high-grade DeGrussa Copper-Gold Mine, 900km north of Perth in Western Australia.

Is sandfire a buy?

The Sandfire share price has been outperforming the market in 2022. It has gained 5% since the start of this year. Meanwhile, the S&P/ASX 200 Index (ASX: XJO) has slipped 7%. Additionally, Sandfire’s stock has gained 23% since this time last year.

Is SFR a good investment?

The main reason to invest in SFR properties is that they are profitable. Compared to other forms of real estate investing, SFR investing generally yields more monthly rental income per unit.

What does SFR stand for?

SFR

Acronym Definition
SFR Swiss Franc (national currency)
SFR Single Family Residence (real estate)
SFR Single Family Residence
SFR Statistical First Release (Department for Education; UK)

What does SFR stand for in real estate?

single family rental
A single family rental (SFR) is a property intended for at least one, but possibly more, family units that may also include private amenities, like a private fitness center or lagoon.

Who owns Granny Smith gold mine?

Gold Fields
The mine is 100% owned by GSM Mining Company, a wholly-owned subsidiary of gold mining firm Gold Fields. It was acquired by Gold Fields in October 2013 following the purchase of the Yilgarn South operations. The Granny Smith gold deposit was discovered in 1979.

What airport is SFR?

San Fernando Airport
San Fernando Airport (SFR)