Sandfire Resources stock gains 2.10 percent as profit triples

Sandfire Resources stock gained 2.10 percent to AUD 22.36 on the Australian Securities Exchange on September 22, 2026, while its year to date rise reached 24.78 percent. The copper producer's FY2026 results combined record sales with a return to dividend payments.

FY2026 profit reaches USD 350 million

Investing.com reported FY2026 sales revenue of USD 1.7 billion, underlying EBITDA of USD 867 million and underlying profit of USD 350 million. Underlying profit was more than three times the FY2025 figure, giving the annual result its main earnings signal.

Detailed full-year figures show sales rising from USD 1,176.01 million in FY2025 to USD 1,653.67 million in FY2026, an increase of 40.62 percent, while net income increased from USD 93.25 million to USD 355.81 million, according to MarketScreener. The comparison points to stronger operating leverage rather than a one-off revenue increase alone.

Dividend returns after four years

Sandfire declared a fully franked final dividend of AUD 0.35 per share for FY2026, the first payout in more than four years, according to Investing.com. Net cash stood at USD 353 million on June 30, 2026, while underlying net finance expense fell from USD 44 million in FY2025 to USD 19.6 million in FY2026.

The balance-sheet shift matters because the dividend now comes alongside debt repayment and positive cash reserves. Motheo contributed USD 461 million of underlying operations EBITDA at a 62 percent margin in FY2026, while MATSA delivered USD 499 million at a 55 percent margin.

ASX quote stays above AUD 22

Sandfire Resources stock closed at AUD 22.36 on the ASX on September 22, 2026, up 2.10 percent for the session. The stock was up 8.23 percent over five trading days and 24.78 percent since January 1, 2026, making the recent market response stronger than the single-session move suggests.