Australia's Ora Banda Mining surges on strong FY results

Ora Banda Mining

26/08/2025 06:16

** Shares of Ora Banda Mining Ltd OBM.AX rise as much as 8.2% to A$0.79, hitting their highest level since July 1

** Gold miner reports FY net profit after tax attributable of A$186.1 million ($120.93 million) versus A$27.6 mln prvs year

** Posts annual revenue of A$404.3 mln vs previous year's A$214.2 mln

** YTD, stock up 20%, including current session's move

($1 = 1.5389 Australian dollars)

(Reporting by Ananya Verma in Bengaluru)

((ananya.verma@thomsonreuters.com;))