Perenti Limited traded at 2.55 this Friday February 6th, decreasing 0.13 or 4.85 percent since the previous trading session. Looking back, over the last four weeks, Perenti lost 10.84 percent. Over the last 12 months, its price rose by 80.85 percent. Looking ahead, we forecast Perenti Limited to be priced at 2.75 by the end of this quarter and at 2.59 in one year, according to Trading Economics global macro models projections and analysts expectations.
Perenti Limited is an Australia-based diversified global mining services company with interests in contract mining, mining support services and future technology solutions. The Company’s segments include Contract Mining, Drilling Services and Mining Services and idoba. Its Contract Mining segment is engaged in the provision of underground and surface contract mining services in Australia, Africa and North America. Its Drilling Services is engaged in the provision of drilling services across all stages of the mine life cycle, including specialized deep hole multi-intersectional directional diamond core drilling, underground diamond core drilling, drilling and blasting and in-pit grade control in Australia, Europe and North America. Its Mining Services and idoba segment provides mining support services including equipment hire, equipment parts and sales, supply of equipment, logistics services and technology driven products and services.