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An update from Fitzroy River Corp. Ltd. ( (AU:FZR) ) is now available.
Fitzroy River Corporation Ltd reported a decrease in royalty income for the year ending March 31, 2025, with total receipts amounting to $611,878 compared to $716,906 in the prior year. The company is navigating challenges due to suspended operations in certain projects and volatile global oil and gas prices, which may impact future royalty receipts. However, strategic agreements, such as the one for the Rafael Gas Project, aim to mitigate risks and provide pathways for future cash flows.
More about Fitzroy River Corp. Ltd.
Fitzroy River Corporation Ltd is involved in the management of royalty interests across various projects, primarily focusing on the oil and gas sector. The company holds royalty interests in several projects, including the Weeks Royalty in the Gippsland Basin, and has investments in other sectors such as gold mining.
Technical Sentiment Signal: Sell
Current Market Cap: €8.5M
For an in-depth examination of FZR stock, go to TipRanks’ Stock Analysis page.