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High Peak Royalties Limited ( (AU:HPR) ) just unveiled an update.
High Peak Royalties Limited reported its March 2025 quarterly activity and cash flow statement, highlighting royalty receipts of A$344,751, with net cash receipts of A$90,315 after operating outflows. The company continues to monitor its royalty interests in various basins, including the Amadeus and Gippsland Basins, and reported a temporary reduction in gas production at the Peat Gas Field due to a 21-day offline period. Despite this, production levels remained in line with expectations. Additionally, High Peak announced the sale of its subsidiary Torrens Energy to Northstar Energy Limited, marking a strategic partnership focused on renewable electricity development.
More about High Peak Royalties Limited
High Peak Royalties Limited is a company operating in the energy sector, focusing on royalty interests in oil and gas projects. The company holds a diverse portfolio of royalties across Australia, including interests in the Amadeus Basin, Gippsland Basin, and Queensland’s Peat Gas Field. Additionally, High Peak has geothermal exploration licenses through its subsidiary Torrens Energy.
YTD Price Performance: -6.25%
Average Trading Volume: 28,157
Technical Sentiment Signal: Sell
Current Market Cap: A$15.6M
See more data about HPR stock on TipRanks’ Stock Analysis page.