BUZZ-Australia's Deterra Royalties rises on stronger half-year results

Reuters
02/17
BUZZ-Australia's <a href="https://laohu8.com/S/DETRF">Deterra Royalties</a> rises on stronger half-year results

** Shares of Deterra Royalties DRR.AX rise as much as 4% to A$4.315, their strongest intraday trading session since February 9

** Stock hits highest level since February 12

** The resource royalty firm posts record H1 NPAT of A$87.2 million ($61.66 million)

** Co declares interim dividend of 12.4 Australian cents per share

** Co posts 12% jump in HY revenue from cont ops to A$117.2 million

** Stock up 5.4% YTD, including the day's moves

($1 = 1.4142 Australian dollars)

(Reporting by Shivangi Lahiri in Bengaluru)

((shivangi.lahiri@thomsonreuters.com))

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