Sandfire Resources stock jumps 3% near fresh highs as copper jitters ahead of Fed call
Sandfire Resources closed 2.7% higher at A$20.25, near its 52-week peak, as copper prices slipped 1.2% on the LME to $13,038 a ton. The company reported first-half copper-equivalent output of 72,100 tonnes and swung to $13 million net cash at year-end. Investors await half-year results on Feb. 19 for signs of a second-half rebound.