Australia's Damstra hits 5-month high on agreements with mining firms

Damstra Holdings

14/07/2023 05:01

** Shares of Damstra Holdings  DTC.AX  surge as much as
22.7% to A$0.135, their highest since Jan. 27
    ** The workplace management solutions provider signs
agreements with two Queensland-based mining firms
    ** Estimates annual recurring revenue from agreements is
A$375,000  ($258,487.50)
    ** Says Foxleigh Mine and Stanwell Corporation will
implement co's Enterprise Protection program for their employees
and contractor management
    ** Stock on track for a ~23.8% gain this week
    ** More than 879,000 shares have changed hands, compared
with the 30-day average of about 383,000 shares 
    ** Stock down ~15.4% YTD, as of last close 
    



($1 = 1.4507 Australian dollars)

 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))