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Perenti Global ( (AU:PRN) ) just unveiled an announcement.
Perenti Limited announced the issuance and conversion of 1,115,411 unquoted equity securities, reflecting a strategic financial maneuver to potentially enhance its capital structure. This move could signify Perenti’s efforts to strengthen its market position and provide value to its stakeholders through improved financial flexibility.
The most recent analyst rating on (AU:PRN) stock is a Buy with a A$3.00 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 Limited operates in the mining services industry, providing a range of services including mining, drilling, and blasting. The company focuses on delivering comprehensive mining solutions to clients worldwide, enhancing operational efficiency and productivity in the mining sector.
Average Trading Volume: 4,834,474
Technical Sentiment Signal: Buy
Current Market Cap: A$2.71B
Find detailed analytics on PRN stock on TipRanks’ Stock Analysis page.