An announcement from High Peak Royalties Limited ( (AU:HPR) ) is now available.
High Peak Royalties Limited has successfully repaid its US$750,000 financing facility with Macquarie Bank using its existing cash reserves, removing all securities and guarantees associated with the facility. This repayment strengthens the company’s financial position, ensuring adequate working capital for its ongoing operations and enhancing its stability and autonomy in the resource royalties market.
More about High Peak Royalties Limited
High Peak Royalties Ltd (ASX: HPR) is an investment company focused on acquiring high-value resource royalties globally. The company partners with operators to secure royalties over high-value producing assets, leveraging its capital and expertise. Its diverse portfolio includes royalties in oil, gas, and hydrogen sectors across Australia and the United States.
YTD Price Performance: -6.25%
Average Trading Volume: 76,928
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$15.6M
Learn more about HPR stock on TipRanks’ Stock Analysis page.
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