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Macmahon Holdings Limited ( (AU:MAH) ) has provided an update.
Macmahon Holdings Limited has confirmed a tragic incident at the Fosterville Gold Mine in Victoria, resulting in the death of an employee. The company is prioritizing support for the employee’s family, friends, and colleagues, and is collaborating with authorities to investigate the event. CEO Michael Finnegan expressed condolences and urged privacy for the family during this challenging time.
The most recent analyst rating on (AU:MAH) stock is a Buy with a A$0.65 price target. To see the full list of analyst forecasts on Macmahon Holdings Limited stock, see the AU:MAH Stock Forecast page.
More about Macmahon Holdings Limited
Macmahon Holdings Limited is an ASX-listed company providing comprehensive mining and civil infrastructure services across Australia and Southeast Asia. The company is recognized for its expertise in surface and underground mining, as well as civil infrastructure, making it a preferred contractor for various resource, non-resource, public infrastructure, and renewable projects. Macmahon emphasizes building strong, respectful client relationships to achieve mutually beneficial outcomes while minimizing risks.
YTD Price Performance: 74.24%
Average Trading Volume: 2,912,317
Technical Sentiment Signal: Buy
Current Market Cap: A$1.21B
For detailed information about MAH stock, go to TipRanks’ Stock Analysis page.