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The latest update is out from MLG Oz Ltd ( (AU:MLG) ).
MLG Oz Limited has secured a new two-year contract with Fortescue’s subsidiaries to provide crushing and screening services at multiple mine sites in Western Australia. This contract, which includes a potential one-year extension, strengthens MLG’s ongoing relationship with Fortescue and ensures substantial work for the company’s crushing and screening business, enhancing its market presence and operational capabilities.
The most recent analyst rating on (AU:MLG) stock is a Buy with a A$0.95 price target. To see the full list of analyst forecasts on MLG Oz Ltd stock, see the AU:MLG Stock Forecast page.
More about MLG Oz Ltd
MLG Oz Limited is a Kalgoorlie-based integrated mining services and resource asset management company. It focuses on supporting ore processing facilities across gold, iron ore, and other base metals in Western Australia and the Northern Territory. The company offers a range of services including Civil & Construction, Crushing & Screening, Bulk Haulage & Site Services, and the supply of Open Pit Mining & Construction Materials.
Average Trading Volume: 122,086
Technical Sentiment Signal: Buy
Current Market Cap: A$113.1M
Find detailed analytics on MLG stock on TipRanks’ Stock Analysis page.