Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
The latest announcement is out from Perenti Global ( (AU:PRN) ).
Perenti’s underground mining business, Barminco, has secured its first U.S. contract with Nevada Gold Mines at the Goldrush Project in Nevada. This $120 million contract, spanning 36 months, involves underground development and ground support services. The project marks a significant expansion of Barminco’s operations into the North American market, highlighting Perenti’s strategic growth in the region. With no new growth capital required for the initial scope, this development demonstrates Perenti’s ability to leverage existing resources and expand its footprint in one of the world’s largest hard rock, underground mining markets.
More about Perenti Global
Perenti is an ASX-listed, diversified mining services group with interests in contract mining, drilling services, mining services, and technology solutions. Headquartered in Perth, Australia, the company has operations across four continents and focuses on creating enduring value and certainty for its stakeholders.
YTD Price Performance: -1.51%
Average Trading Volume: 3,700
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $800.2M
See more data about PRN stock on TipRanks’ Stock Analysis page.
