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Perenti Global Limited is currently in a long term downtrend where the price is trading 33.8% below its 200 day moving average.
From a valuation standpoint, the stock is 99.9% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.4.
Perenti Global Limited's total revenue rose by 4.9% to $1B since the same quarter in the previous year.
Its net income has dropped by 281.7% to $-65M since the same quarter in the previous year.
Finally, its free cash flow grew by 99.8% to $-157K since the same quarter in the previous year.
Based on the above factors, Perenti Global Limited gets an overall score of 3/5.
Sector | Basic Materials |
---|---|
Industry | Other Industrial Metals & Mining |
Exchange | AU |
CurrencyCode | AUD |
ISIN | AU0000061897 |
Dividend Yield | 4.3% |
---|---|
Market Cap | 1B |
Target Price | 1.4643 |
PE Ratio | 15.22 |
Beta | 0.42 |
Perenti Limited operates as a mining services company worldwide. It operates through Contract Mining, Drilling Services, and Mining Services and Idoba segments. The company offers underground and surface contract mining, drill and blast, in-pit grade control, exploration drilling, earthmoving, and machinery rebuilds services; and drilling services including specialized deep hole multi-intersectional directional diamond core drilling, underground diamond core drilling, drilling and blasting, and in-pit grade control services. It also provides mining support services, such as equipment hire, equipment parts and sales, equipment supply, logistics services, and technology driven products and services. The company was formerly known as Perenti Global Limited and changed its name to Perenti Limited in October 2022. Perenti Limited was incorporated in 1986 and is headquartered in Northbridge, Australia.
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