tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Macmahon Secures $55 Million Contract at Majestic Mining Centre

Story Highlights
Macmahon Secures $55 Million Contract at Majestic Mining Centre

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from Macmahon Holdings Limited ( (AU:MAH) ).

Macmahon Holdings Limited has secured a $55 million contract for underground mining services at the Majestic Mining Centre, part of the Kal East Gold Operation in Western Australia. This contract aligns with Macmahon’s strategic focus on expanding its underground business and highlights its commitment to building strong client relationships, supporting Black Cat Syndicate’s growth plans in the region.

The most recent analyst rating on (AU:MAH) stock is a Buy with a A$0.50 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 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, serving various sectors including resources, non-resources, public infrastructure, and renewables.

YTD Price Performance: 27.60%

Average Trading Volume: 1,749,464

Technical Sentiment Signal: Buy

Current Market Cap: A$903.1M

See more data about MAH stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1