Sandfire FY26 slides: profit triples, returns to dividend after debt repayment

Sandfire Resources reported its FY26 financial results on August 26, 2026, revealing a significant turnaround in the company's financial standing. The copper miner eliminated all debt, tripled underlying earnings, and reinstated dividends for the first time in over four years. The stock price surged 7.46% to $24.48 in pre-market trading, nearing its 52-week high of $25. Despite a notable decline in fourth-quarter revenue, investors were bullish on the company's performance given the strength of its full-year results.