Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest update is out from Civmec Singapore Limited Shs Chess Deposit Interests Repr 1 Sh ( (AU:CVL) ).
Civmec Limited has secured more than A$400 million in new contracts and extensions to be delivered across the second half of FY26 and FY27, strengthening its order book and supporting its strategy of early-contractor involvement, sustainable growth and diversification. Key wins include a major civils package for BHP’s Port Debottlenecking Project 2 at Port Hedland—covering concrete and earthworks for a new sixth car dumper and associated infrastructure—and a contract with Fortescue for charger facilities and pit power infrastructure at the Eliwana and Flying Fish mine sites, underpinning Fortescue’s electrification and decarbonisation efforts. In parallel, Civmec is expanding its maintenance services footprint in Port Hedland and Gladstone, reflecting rising demand for integrated maintenance solutions and further entrenching its role as a key contractor in Australia’s major resource regions.
The most recent analyst rating on (AU:CVL) stock is a Buy with a A$1.70 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 an integrated, multi-disciplinary construction and engineering services provider operating across the energy, resources, infrastructure, and marine & defence sectors. Headquartered in Henderson, Western Australia, and listed on both the ASX and SGX, the company offers heavy engineering, shipbuilding, modularisation, structural-mechanical-piping, electrical and instrumentation, precast concrete, civil works, maintenance and related industrial services, with a regional presence in key Australian resource hubs including Newcastle, Gladstone and Port Hedland.
Average Trading Volume: 248,345
Technical Sentiment Signal: Buy
Current Market Cap: A$746.6M
Find detailed analytics on CVL stock on TipRanks’ Stock Analysis page.