Macquarie upgrades Sanfire (SFR) from neutral to outperform noting that SFR looks cheap in comparison with Panaust (PNA) and Oz Minerals (OZL) + it's...

Tom McKay
Tom McKay Livewire

Macquarie upgrades Sanfire (SFR) from neutral to outperform noting that SFR looks cheap in comparison with Panaust (PNA) and Oz Minerals (OZL) + it's renegotiated terms on debt obligations as it enters the final ramp up stage at DeGrussa. Macquarie sets a target price of $8.10 (Current price ~$6.50).

Australia mining equities

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