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Aquirian Limited ( (AU:AQN) ) just unveiled an announcement.
Aquirian Limited reported a 9.5% increase in revenue to $13.30 million for the half-year ending December 2024, despite a 32.9% drop in EBITDA. The company has successfully restarted its Wubin Emulsion Facility and secured a significant three-year agreement worth approximately $20 million for a goldmine project in Western Australia. The restructuring efforts have led to cost reductions, and the adoption of the Collar Keeper® System is gaining traction among clients aiming to reduce mining costs. These developments are part of Aquirian’s strategic pivot towards energetics and technology, which is expected to enhance its market positioning and operational efficiency.
More about Aquirian Limited
Aquirian Limited operates in the mining industry, focusing on providing energetics and technology solutions. The company’s primary products include the Collar Keeper® System, which enhances blast-hole quality and productivity, and various services related to mining operations. Aquirian is strategically focused on expanding its presence in the mining technology sector, particularly in Western Australia.
YTD Price Performance: 61.11%
Average Trading Volume: 115,224
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$23.42M
Learn more about AQN stock on TipRanks’ Stock Analysis page.