Ord Minnett keeps AUD 24.80 target for Sandfire stock

Published on 10/17/2026 at 18:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sandfire's meeting is scheduled for October 30, 2026. Sandfire stock was last at EUR 12.48 on October 16, 2026, 2.30 percent above the Tradegate close.

Analyst view and dates

Ord Minnett maintained a Buy rating and an AUD 24.80 target on October 14, 2026.
Sandfire's annual meeting is scheduled for October 30, 2026.
Sandfire stock was last at EUR 12.48 at 4:13 p.m. CEST on October 16, 2026, 2.30 percent above the Tradegate close of October 15, 2026.
Sandfire had a market capitalization of AUD 9.6 billion and a P/E ratio of 18.79 on October 16, 2026.

Sandfire, AU000000SFR8, Illustration mit AI erstellt.

Ord Minnett maintained a Buy rating on Sandfire Resources and set an AUD 24.80 price target on October 14, 2026, as Markets Insider reported. Against the ASX price of AUD 20.55 on October 16, 2026, the target stood 20.68 percent higher. The euro quote was last at EUR 12.48 on October 16, 2026 at 4:13 p.m. CEST, 2.30 percent above the Tradegate close of October 15, 2026 at EUR 12.20.

Annual meeting sets the next date

Sandfire's annual meeting is scheduled for October 30, 2026. Simply Wall St lists the meeting as the next major corporate date, while the next earnings date is October 27, 2026. That calendar leaves the upcoming operating update ahead of the shareholder meeting.

Range leaves room for movement

Sandfire's ASX price of AUD 20.55 on October 16, 2026 stood 17.80 percent below the AUD 25.00 52-week high and 42.61 percent above the AUD 14.41 low. The one-year range puts the current quotation nearer the upper end than the lower end, although the latest euro indication was EUR 12.48 on October 16, 2026 at 4:13 p.m. CEST.

Valuation and peer comparison

Sandfire's market capitalization was AUD 9.6 billion on October 16, 2026, and its price-to-earnings ratio was 18.79. The dividend yield was 0.02 percent, so the valuation picture rests primarily on earnings and copper operations rather than current income.

Comparison with peers

Sandfire (ASX, AUD): plus 2.30 percent, P/E 18.79, market capitalization AUD 9.6 billion.
29Metals (ASX, AUD): plus 3.28 percent, P/E minus 11.17, market capitalization AUD 550.4 million.
Aeris Resources (ASX, AUD): plus 5.49 percent, P/E 3.08, market capitalization AUD 720.3 million.

Euro quote and investor calendar

The last available euro indication stood at EUR 12.48 at gettex on October 16, 2026 at 4:13 p.m. CEST. The Tradegate close of October 15, 2026 was EUR 12.20, leaving the indication 2.30 percent higher.