Sandfire Resources (OTCMKTS:SFRRF) Downgraded by JPMorgan Chase & Co.

JPMorgan Chase & Co. lowered shares of Sandfire Resources (OTCMKTS:SFRRFGet Rating) from a neutral rating to an underweight rating in a report released on Friday morning, The Fly reports. They currently have $3.60 price objective on the stock.

Other analysts have also issued reports about the company. Canaccord Genuity Group lowered Sandfire Resources from a buy rating to a hold rating and set a $4.50 target price on the stock. in a research note on Monday, August 8th. The Goldman Sachs Group downgraded shares of Sandfire Resources from a neutral rating to a sell rating and set a $3.50 price objective on the stock. in a report on Monday, October 10th.

Sandfire Resources Stock Performance

Shares of SFRRF stock opened at $3.00 on Friday. Sandfire Resources has a 12-month low of $2.17 and a 12-month high of $5.37. The company has a 50 day moving average of $2.50 and a 200-day moving average of $3.01.

Sandfire Resources Company Profile

(Get Rating)

Sandfire Resources Limited, a mining company, engages in the exploration, evaluation, and development of mineral tenements and projects. It primarily explores for copper, gold, silver, lead, and zinc deposits. The company owns a 100% interest in the DeGrussa copper operations located in the Bryah Basin mineral province of Western Australia; a 100% interest in the Minas De Aguas Teñidas (MATSA) Copper operations that comprise three underground mines situated in the Huelva Province of south-western Spain; and an 87% interest in the Black Butte copper project located in central Montana, the United States.

Further Reading

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