Jefferies Upgrades Sandfire to Buy, Cites Kalkaroo as Key Growth Opportunity.

Sandfire Resources has gained a new bull as Jefferies upgrades the company to buy, citing the Kalkaroo and gold project in South Australia as a material growth opportunity. The analyst sees potential for a mine producing between 74,000 and 90,000 tons of copper equivalent per year, boosting Sandfire's growth prospects.