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The latest update is out from Civmec Singapore Limited Shs Chess Deposit Interests Repr 1 Sh ( (AU:CVL) ).
Civmec Limited has secured new contracts and extensions worth over A$600 million, bolstering its strategic growth and diversification efforts. Key projects include the acquisition of Luerssen Australia, enhancing its maritime defense capabilities, and significant contracts for Rio Tinto’s Cape Lambert Port A upgrade and Fortescue’s Green Iron Plant. Additionally, Civmec is part of a consortium selected for the Perth Sporting and Entertainment Precinct Project, which aims to elevate Western Australia’s status as a premier sport and entertainment destination.
The most recent analyst rating on (AU:CVL) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on Civmec Singapore Limited Shs Chess Deposit Interests Repr 1 Sh stock, see the AU:CVL Stock Forecast page.
More about Civmec Singapore Limited Shs Chess Deposit Interests Repr 1 Sh
Civmec Limited is a diversified engineering and construction services provider operating in the maritime defense sector, infrastructure, and resources industries. The company focuses on sustainable growth and order book diversification, with a strong presence in naval shipbuilding, sustainment initiatives, and complex brownfield upgrades.
Average Trading Volume: 147,598
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$579.7M
Learn more about CVL stock on TipRanks’ Stock Analysis page.