Perenti (PRN.AX) jumps as multiple contract wins lift FY27 revenue outlook
Perenti shares rose as much as 7.9% to A$2.32, its highest level since Sept. 18. The mining services firm said recent drilling contracts across Australia, the US and Canada will contribute about A$185 million in revenue in FY27, and it won an underground mining contract with Endeavour Mining.
85 million) in FY27. The company said the work, awarded in recent weeks for projects in Australia, the US and Canada, is across five drilling businesses. 32, its highest since September 18, and was on track for its biggest one-day percentage gain since mid-June. 5 times the 30-day average, and the stock is down 17% year to date including the session's moves.
4247 Australian dollars.