Australia's EVZ rises on securing new mining and industrial sector contract

EVZ

09/08/2024 01:49

** Shares of EVZ  EVZ.AX  rise as much as 41.9% to A$0.22,
their highest since Feb. 20 
    ** Stock posts its biggest intraday pct gain since Nov. 12,
2020
    ** Engineering services provider says it has been awarded a
major contract in the mining and industrial sector through its
unit
    ** Says total value of the contract is about A$23 mln 
($15.15 mln)
    ** About 495,200 shares change hands, compared with the
30-day average volume of 142,767
    ** Stock down 11.4% this year, as of last close

($1 = 1.5186 Australian dollars)

 (Reporting by Sneha Kumar in Bengaluru)
 ((Sneha.Kumar@thomsonreuters.com;))