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Deterra Royalties Ltd ( (AU:DRR) ) has provided an announcement.
Deterra Royalties Limited reported an 11.7% increase in portfolio revenue for the December 2024 quarter, driven by strong performance in iron ore and gold royalties, as well as contributions from newly acquired Trident assets. The company also highlighted significant progress at the Thacker Pass Lithium Project, including major investment and financing agreements, which have enhanced the project’s security and potential, without requiring additional capital from Deterra.
More about Deterra Royalties Ltd
Deterra Royalties Limited operates in the mining industry, primarily focusing on royalty revenues from resources such as iron ore and gold. The company is involved in several projects that enhance its market position through strategic acquisitions and partnerships, notably in the Central Pilbara hub and through its integration with Trident Royalties.
YTD Price Performance: 8.06%
Average Trading Volume: 1,107,867
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$2.12B
Find detailed analytics on DRR stock on TipRanks’ Stock Analysis page.
