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An update from Perenti Global ( (AU:PRN) ) is now available.
Perenti Limited has announced a succession process for its Managing Director & CEO position, as current CEO Mark Norwell plans to step down in 2026. Under Norwell’s leadership since 2018, Perenti has experienced significant growth, quadrupling its revenue and expanding its market capitalization from approximately $900 million to over $2.7 billion. The company is now positioned as one of the largest mining services companies globally, and the transition is expected to ensure continued success and stability.
The most recent analyst rating on (AU:PRN) stock is a Hold with a A$2.80 price target. To see the full list of analyst forecasts on Perenti Global stock, see the AU:PRN Stock Forecast page.
More about Perenti Global
Perenti is an ASX-listed diversified mining services group headquartered in Perth, Australia. The company is involved in contract mining, drilling services, mining services, and technology solutions, operating across four continents. Perenti focuses on creating enduring value and certainty for its investors, clients, people, and the communities in which it operates.
Average Trading Volume: 4,364,529
Technical Sentiment Signal: Buy
Current Market Cap: A$2.73B
For detailed information about PRN stock, go to TipRanks’ Stock Analysis page.