Sandfire Resources America Inc. (SFR) Financings
TSXV: SFR · Copper, Cobalt · Development stage
- Market cap$276.3M
- Share price$0.270
- 52-week range$0.190 – $0.580
- Shares outstanding1,023,352,794
- ExchangeTSXV
- Websitewww.sandfireamerica.com
Sandfire Resources America Inc is engaged in the exploration, development, and mining of its 100% owned flagship property, the Black Butte Copper Project in central Montana, USA. The property contains sediment-hosted zones of massive sulfide mineralization. The drilling encountered significant zones of strata-bound copper sulfide with cobalt in multiple bedded pyrite zones in the lower part of the Precambrian Belt Super group.
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Sandfire Resources America Inc. financial statements
Key figures read from 38 of 38 financial statement filings, Nov 15, 2016 to Sep 13, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | |
|---|---|---|---|---|---|
| Cash and equivalents | — | — | C$570,474 | C$119,302 | C$94,535 |
| Total current assets | C$918,393* | C$1,238,160* | C$1,059,181 | C$742,462* | C$615,368* |
| Total current liabilities | — | — | C$44,873,958 | — | — |
| Working capital | — | — | (C$43,814,777) | — | — |
| Exploration and evaluation assets | — | — | C$10,773,654 | C$9,473,219 | C$8,281,173 |
| Property, plant and equipment | — | — | C$12,790,578 | C$11,136,545 | C$10,464,040 |
| Total assets | C$29,054,885 | C$26,952,471 | C$25,827,399 | C$22,603,468 | C$20,607,668 |
| Debt | C$79,966,214 | C$61,782,958 | C$40,013,457 | C$25,529,616 | C$13,990,105 |
| Total liabilities | C$95,264,859 | C$72,443,214 | C$47,720,552 | C$30,739,325 | C$18,246,264 |
| Shareholders' equity | — | — | (C$21,893,153) | (C$8,135,857) | C$2,361,404 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Jun 2026 | FY Jun 2025 | FY Jun 2024 | FY Jun 2023 | FY Jun 2022 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$9,107,512 | C$20,189,984 | C$10,213,534 | C$8,417,488 | C$15,557,396 |
| General and administrative | C$1,258,869 | C$857,910 | C$779,488 | C$318,839 | C$769,471 |
| Share-based compensation | C$250,600 | C$401,187 | (C$49,103) | C$163,222 | C$216,248 |
| Net income (loss) | (C$21,791,577) | (C$29,607,989) | (C$17,519,472) | (C$13,958,599) | (C$18,970,085) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Jun 2026 | FY Jun 2025 | FY Jun 2024 | FY Jun 2023 | FY Jun 2022 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$12,098,903) | (C$21,259,081) | (C$11,463,949) | (C$10,884,293) | (C$17,597,569) |
| Investing cash flow | (C$1,399,429) | (C$2,331,760) | (C$2,837,270) | (C$1,133,953) | (C$1,688,029) |
| Financing cash flow | C$13,151,843 | C$23,834,454 | C$14,824,202 | C$12,040,568 | C$15,234,925 |
| Exploration spending (capitalized) | (C$1,154,028) | (C$1,250,933) | (C$981,298) | (C$960,492) | (C$418,438) |
| Property, plant and equipment spending | (C$245,401) | (C$1,080,827) | (C$1,855,972) | (C$173,461) | (C$939,203) |
| Change in cash | — | C$243,613 | C$522,983 | — | — |
| Cash at end of period | C$478,715 | C$825,204 | C$570,474 | C$119,302 | C$94,535 |
Sandfire Resources America Inc. financings
2 financings announced or closed by Sandfire Resources America Inc., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2024-11-21 | Sandfire Resources America Inc. (SFR) | Debt | Upsized | US$50.0M | — | Sandfire Resources America Announces Variation to Bridge Loan Agreement |
| 2024-06-28 | Sandfire Resources America Inc. (SFR) | Debt | Upsized | US$40.0M | — | Sandfire Resources America Announces Variation to Bridge Loan Agreement |
Sandfire Resources America Inc. debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Sandfire Resources America Inc. has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.
| Date | Debt | Lender | Amount | Terms |
|---|---|---|---|---|
| 2024-06-28 | Loan, amended | Sandfire BC Holdings | US$32M | matures 2025-06-30 |