Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Metarock Group Limited ( (AU:MYE) ) has issued an update.
Mastermyne Group Limited has received a letter of intent from Anglo American Steelmaking Coal to renew Mastermyne’s mining services contracts across three underground coal operations in Queensland for a further 12 months from the current expiry date of 4 April 2026. The renewal, expected to be finalised in the coming weeks, underpins continuity of work for Mastermyne in a key client relationship and provides greater short‑term revenue visibility and operational stability within the competitive underground coal services market.
The most recent analyst rating on (AU:MYE) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Metarock Group Limited stock, see the AU:MYE Stock Forecast page.
More about Metarock Group Limited
Mastermyne Group Limited is an Australian underground mining services provider, supplying contract mining, development and related services to coal producers, including at major steelmaking coal operations in Queensland.
YTD Price Performance: 10.71%
Average Trading Volume: 79,646
Technical Sentiment Signal: Hold
Current Market Cap: A$47.84M
See more insights into MYE stock on TipRanks’ Stock Analysis page.