Australia's GR Engineering Services rises on contract with Bellevue Gold's unit

GR Engineering Services

20/07/2022 03:23

** Shares of GR Engineering Services  GNG.AX  rise as much
as 3% to A$2.080
    ** The engineering contractor entered https://www.asx.com.au/asxpdf/20220720/pdf/45c08mqtsq6v3t.pdf
 a contract with Bellevue Gold's  BGL.AX  unit Golden Spur
Resources Pty Ltd for A$87.8 mln ($60.56 mln)
    ** Contract for engineering, procurement and construction
works in relation to the Bellevue Gold project in Western
Australia
    ** GNG stock up for fifth consecutive session
    ** Shares of Bellevue Gold climb as much as 4.9% to A$0.703,
their highest since June 27
    ** BGL stock set to mark its best day since July 8, if gains
hold   
    ** As of last close, GNG down ~3.81 YTD, while BGL stock had
fallen ~20.7% YTD


    ($1 = 1.4497 Australian dollars)

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