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Stanmore Resources Ltd ( (AU:SMR) ) has shared an announcement.
Stanmore Resources Ltd reported a significant decline in revenue and profit for the six months ending June 30, 2025, compared to the previous year. The decrease in profit was attributed to lower sales prices and the absence of a one-off gain from the previous period. Despite the financial downturn, the company maintained its joint venture interests and did not declare any new dividends after the period.
The most recent analyst rating on (AU:SMR) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Stanmore Resources Ltd stock, see the AU:SMR Stock Forecast page.
More about Stanmore Resources Ltd
Stanmore Resources Ltd operates in the resources industry, focusing on the production and sale of coal. The company is involved in various joint ventures and holds significant interests in several mining projects.
Average Trading Volume: 1,962,586
Technical Sentiment Signal: Sell
Current Market Cap: A$1.97B
For an in-depth examination of SMR stock, go to TipRanks’ Overview page.