Australia's Ava Risk Group gains on US contract

Ava Risk

28/06/2024 03:18

** Shares of Ava Risk Group  AVA.AX  rise as much as 9.1% to
A$0.120, hitting their highest level since June 19
    ** Technology services provider secures contract worth more
than A$0.7 mln ($463,680) for three electricity substations on
the East Coast of the United States
    ** Stock on track for best week since week-ending Feb. 9, up
14.3%
    ** Stock down more than 33% this year, as of last close
($1 = 1.5097 Australian dollars)

 (Reporting by Rajasik Mukherjee in Bengaluru)
 ((Rajasik.Mukherjee@thomsonreuters.com;))