Australia's Chrysos jumps on higher Q4 results, solid outlook

Chrysos

27/07/2023 04:08

** Shares of Chrysos Corporation Ltd  C79.AX  rise as much
as 5.2% to A$4.9, set for best day since June 27, if gains hold 
    ** Mining support firm posts fourth quarter total revenue of
A$8.6 mln ($5.85 mln), up 27% quarter on quarter
    ** Sees FY23 EBITDA will surpass FY23 prospectus forecast of
A43.2 mln 
    ** Expects FY23 EBITDA in range of A$7 mln to A$17 mln 
    ** Stock hits highest level since July 19
    ** Stock up 58% this year, as of last close



($1 = 1.4691 Australian dollars)

 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))