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The latest update is out from Metarock Group Limited ( (AU:MYE) ).
Mastermyne Group Limited has received a Letter of Intent from Anglo American Steelmaking Coal to extend its contracts for three underground operations until April 2026, valued at approximately $31 million. This extension strengthens Mastermyne’s long-term relationship with Anglo American and underscores its strategic positioning in the mining services sector.
The most recent analyst rating on (AU:MYE) stock is a Buy with a A$0.36 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 operates in the mining services industry, providing specialized services to underground coal mining operations. The company’s primary focus is on supporting steelmaking coal operations, with a significant market presence in Australia.
Average Trading Volume: 120,917
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$43.21M
Find detailed analytics on MYE stock on TipRanks’ Stock Analysis page.