Australia's Red Hill Minerals hits record high on special dividend announcement
03/07/2024 02:00
** Shares of Red Hill Minerals RHI.AX rise as much as
12.9% to A$7.450, hitting highest level ever
** Gold miner says it has resolved to pay a special dividend
of A$1.50 per ordinary share, fully franked at 25%
** Stock set for best day since Dec. 31, 2021, if gains hold
** About 87,953 shares change hands, compared with the
30-day average volume of 5,480
** RHI up 32% YTD as of last close
(Reporting by Adwitiya Srivastava in Bengaluru)
((Adwitiya.Srivastava@thomsonreuters.com;))
Recent news on Red Hill Minerals
See all newsAustralia's Red Hill Minerals hits nearly six-month low on trading ex-dividend
Australia's Red Hill Minerals hits over 2-week high on strong FY results
Brief: Red Hill Minerals Posts FY26 Profit After Tax A$20.1 Million
Brief: Red Hill Minerals Posts HY Statutory Profit Before Tax Of A$15.2 Million
Australia's Red Hill Minerals rises on upbeat full-year profit growth