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High Peak Royalties Reports Increased Half-Year Loss Amid Ongoing Portfolio Management

Story Highlights
  • High Peak Royalties Limited reported a financial loss of $165,886 for the half-year ending December 2024.
  • The company continues to manage a diverse portfolio of royalty interests, with several generating income.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
High Peak Royalties Reports Increased Half-Year Loss Amid Ongoing Portfolio Management

The latest update is out from High Peak Royalties Limited ( (AU:HPR) ).

High Peak Royalties Limited reported a financial loss of $165,886 for the half-year ending December 2024, an increase from the previous year’s loss. Despite the loss, the company continues to manage a diverse portfolio of royalty interests, with several generating income and others expected to do so following exploration and development. The company found no impairment indicators in its portfolio, suggesting stability in its asset valuations.

More about High Peak Royalties Limited

High Peak Royalties Limited operates in the energy sector, focusing on acquiring and managing royalty interests. The company holds royalties over oil and gas permits in Australia and the USA, and operates geothermal permit interests.

YTD Price Performance: -6.25%

Average Trading Volume: 33,830

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$15.6M

For a thorough assessment of HPR stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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