Australia's Power Minerals hits over 6-month low on weak annual results

Power Minerals

11/03/2025 04:28

** Shares of Power Minerals PNN.AX fall 9.4% to A$0.077, their lowest level since August 30

** Diversified miner reports annual loss attributable of A$17.3 mln ($10.85 mln) for 2024 vs a loss of A$2.8 mln a year earlier

** Co posts 47.4% decrease in annual revenue compared with a year ago

** Stock down 16.3% this year, including the day's move

($1 = 1.5944 Australian dollars)

 (Reporting by Roushni Nair in Bengaluru)

 ((Roushni.nair@thomsonreuters.com;))