Australia's Deterra Royalties jumps most in 4 weeks on upbeat results

Deterra Royalties

16/02/2024 01:27

** Shares of Deterra Royalties  DRR.AX  rise as much as 2.4%
to A$5.180, posting their biggest intraday pct gain since Jan.
19
    ** Mining royalty firm posts HY royalty revenue of A$119 mln
($77.48 mln), up 23% from corresponding period last year
    ** Co declares fully franked interim dividend of 14.89 Au
cents per share, compared with 12 Au cps a year earlier
    ** Stock down ~2% so far this year

($1 = 1.5359 Australian dollars)

 (Reporting by Neha Soni in Bengaluru)
 ((Neha.Soni@thomsonreuters.com))