Why Did Perenti (ASX:PRN) Draw Attention Among Metal and Mining Stocks?
Highlights The mining services group has agreed to exit its equipment-rental and parts business for a sizeable sum Proceeds are earmarked to support recently won contracts and further growth moves Full-year profit lifted on steady revenue and improved margins across its core services Perenti Limited (ASX:PRN), the Perth-based mining services group with underground and surface contracting operations spanning several continents, has agreed to exit its equipment-rental and parts business in a de...