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The latest announcement is out from Macmahon Holdings Limited ( (AU:MAH) ).
Macmahon Holdings Limited’s subsidiary, Decmil, has secured two new contracts worth approximately $80 million, enhancing Macmahon’s order book. The contracts involve the construction of an accommodation village for Eva Copper Mine in Queensland and a satellite warehouse and operations facility for Arrow Energy. These projects signify Decmil’s continued success in securing strategically aligned work, contributing to Macmahon’s strong performance in FY25, with new work exceeding $400 million. The projects are expected to bolster Macmahon’s industry positioning and demonstrate Decmil’s capability in delivering high-quality infrastructure solutions.
The most recent analyst rating on (AU:MAH) stock is a Buy with a A$0.40 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 that provides comprehensive mining and civil infrastructure services across Australia and Southeast Asia. With significant expertise in surface and underground mining, as well as civil infrastructure, Macmahon is recognized as a preferred contractor for various projects, including resources, non-resources, public infrastructure, and renewables. The company emphasizes building strong, transparent relationships with clients to ensure mutually beneficial outcomes and risk minimization.
Average Trading Volume: 2,424,453
Technical Sentiment Signal: Buy
Current Market Cap: A$598.5M
For an in-depth examination of MAH stock, go to TipRanks’ Stock Analysis page.
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