Australia's Ora Banda Mining rises on half-year profit surge

Ora Banda Mining

27/02/2026 24:40

** Shares of Ora Banda Mining OBM.AX rise as much as nearly 5% to A$1.295, their biggest intraday pct gain since February 16

** Company posts half-year NPAT of A$96.3 million ($68.39 million), an 89% jump y/y

** Records half-year gold sold of 62,583 oz

** YTD, Ora Banda shares down 15%

($1 = 1.4081 Australian dollars)

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))