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Red Hill Iron Limited ( (AU:RHI) ) has issued an announcement.
Red Hill Minerals Limited has declared a final FY25 dividend of 6.5 cents per share, marking a profitable year with a total income of $16.04 million and a profit after tax of $9.13 million. The company’s financial success is largely attributed to the Onslow Iron Project, which is expected to reach full production capacity in FY26, potentially increasing royalty revenue significantly, thereby strengthening its market position and offering promising returns to stakeholders.
The most recent analyst rating on (AU:RHI) stock is a Hold with a A$3.50 price target. To see the full list of analyst forecasts on Red Hill Iron Limited stock, see the AU:RHI Stock Forecast page.
More about Red Hill Iron Limited
Red Hill Minerals Limited operates in the mining industry, focusing on the production and royalty revenue from mining projects. The company’s primary market focus includes the Onslow Iron Project, which significantly contributes to its financial performance through royalty income.
Average Trading Volume: 14,362
Technical Sentiment Signal: Hold
Current Market Cap: A$214.8M
See more data about RHI stock on TipRanks’ Stock Analysis page.