Overall, SFR’s results were broadly in-line with expectations, with a downgrade to FY21’s production already known beforehand from its Q4 report released a month ago. The key highlight is the higher than expected dividend (34% higher than expected).
|Copper Production||Copper production was 72,238t in FY20, up 4.1% from FY19.|
|Gold Production||SFR produced 42,263 ounces of gold in FY20, which was a decline of 4.93% from FY19.|
|Cost per lb||The C1 cost per pound was 72 cents, a decline of 13.25%.|
Value or Growth stocks?
If someone asked you Value or Growth, how would you answer? What considerations would you make in coming to your answer? And would you be justified in deciding this? Well for most investors, these decisions...
Oct 18, 2018
Investing Psychology – Understanding Our Own Biases
As Investors, it is important to be aware of our own biases that impact our decisions when we invest in order to limit them and therefore make more cognitive decisions to ultimately better your situation....
Dec 2, 2019
The Australian Market 2019 - A Tale of Two Stories
Despite a war between the two largest economies, an inverted yield curve and a presidential impeachment, markets around the world power on to new-highs. And yet the Australian market struggled to shake off the pre-GFC...
Jan 10, 2020
Ready to invest with Maqro today?Sign up to Maqro