Australia's Base Resources hits near 8-year high on upbeat HY results
28/02/2022 02:17
** Shares of Base Resources Ltd BSE.AX jump as much as
nearly 6% to A$0.355, highest since May 2014
** Mineral sands producer reports profit of $19.2 mln for
half year ended Dec. 31, compared to a loss of $6.3 mln a year
earlier urn:newsml:reuters.com:*:nASX5Rydkz
** HY sales rose 44% to $104.6 mln; co declares an interim
dividend of 3.0 AU cents per share
** Stock posts its biggest intraday pct gain since Jan. 17
** Stock flat this year, as of last close
(Reporting by Navya Mittal)
((Navya.Mittal@thomsonreuters.com;))