Australia's Perenti soars on multiple contract wins
29/09/2026 06:38
BUZZ-Australia's Perenti soars on multiple contract wins ** Perenti PRN.AX rises as much as 7.9% to A$2.32, stock's highest level since September 18
** On track for its biggest one-day pct gain since mid-June
** Mining services firm announces multiple contracts across five drilling businesses and a contract with Endeavour Mining EDV.L for its underground mining business
** Says, drilling contracts awarded in recent weeks for projects across Australia, US, and Canada will contribute revenue of around A$185 million ($129.85 million) in FY27
** About 3.1 million shares change hands, 1.5 times the 30-day avg
** Stock is down 17% YTD, including the session's moves
($1 = 1.4247 Australian dollars)
(Reporting by Anjali Singh in Bengaluru)