Sandfire Resources (ASX:SFR)

SELL Sandfire Resources (ASX:SFR), 23 June 2022
 
Our investment thesis for Sandfire Resources (ASX:SFR) is not playing out.
While SFR was initially up 15.7% (to $5.96) after we included it in Concierge at $5.15, the stock has come down in the last two weeks on the back of a very rapidly changing Macro environment.

 

 

The upward pressure on the copper price due to the reopening of China has been more than offset by the growing fear of a global recession as centr...

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