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The latest announcement is out from Perenti Global ( (AU:PRN) ).
Perenti Global has announced the application for quotation of 11,660,246 ordinary fully paid securities on the Australian Securities Exchange (ASX). These shares are part of the Perenti Incentive Rights Plan and will be managed by the Trustee on behalf of current and future participants. This move is likely to enhance employee engagement and align interests with company performance, potentially impacting Perenti’s operational strategies and market positioning.
The most recent analyst rating on (AU:PRN) stock is a Buy with a A$2.50 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 Global is a diversified mining services company involved in surface and underground mining projects. The company provides a range of mining services and is focused on enhancing operational efficiencies and safety standards across its projects.
Average Trading Volume: 2,939,221
Technical Sentiment Signal: Buy
Current Market Cap: A$2.23B
For detailed information about PRN stock, go to TipRanks’ Stock Analysis page.