Perenti's Contract Win With Endeavour Bolsters Confidence -- Market Talk

Dow Jones

Jun 03

2217 GMT - Perenti's A$1.1 billion contract with Endeavour Mining for its underground mine in Burkina Faso cheers Euroz Hartleys. That's because it comes hot on the heels of a A$1.02 billion mining contract with AngloGold Ashanti, and a A$500 million contract for Gold Fields. Analyst Gavin Allen says the wins were well telegraphed. Still, they lengthen Perenti's orderbook and show the company can deliver on what it promised. They also bolster investors' confidence in Perenti's ability to achieve guidance. "Perenti is in our view one of a handful of companies in our coverage universe that can trade up into results simply by hitting numbers," Euroz Hartleys says. It retains a buy call on Perenti's stock. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

June 02, 2025 18:17 ET (22:17 GMT)

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That's because it comes hot on the heels of a A$1.02 billion mining contract with AngloGold Ashanti, and a A$500 million contract for Gold Fields. Analyst Gavin Allen says the wins were well telegraphed. Still, they lengthen Perenti's orderbook and show the company can deliver on what it promised. They also bolster investors' confidence in Perenti's ability to achieve guidance. \"Perenti is in our view one of a handful of companies in our coverage universe that can trade up into results simply by hitting numbers,\" Euroz Hartleys says. It retains a buy call on Perenti's stock. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 02, 2025 18:17 ET (22:17 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Perenti's Contract Win With Endeavour Bolsters Confidence -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPerenti's Contract Win With Endeavour Bolsters Confidence -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-06-03 06:17</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2217 GMT - Perenti's A$1.1 billion contract with Endeavour Mining for its underground mine in Burkina Faso cheers <a href=\"https://laohu8.com/S/EZL.AU\">Euroz</a> Hartleys. That's because it comes hot on the heels of a A$1.02 billion mining contract with AngloGold Ashanti, and a A$500 million contract for Gold Fields. Analyst Gavin Allen says the wins were well telegraphed. Still, they lengthen Perenti's orderbook and show the company can deliver on what it promised. They also bolster investors' confidence in Perenti's ability to achieve guidance. \"Perenti is in our view one of a handful of companies in our coverage universe that can trade up into results simply by hitting numbers,\" Euroz Hartleys says. It retains a buy call on Perenti's stock. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 02, 2025 18:17 ET (22:17 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7095","symbol_name":"多种金属与采矿","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2540716444","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2540716444","pubTimestamp":1748902620,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2217 GMT - Perenti's A$1.1 billion contract with Endeavour Mining for its underground mine in Burkina Faso cheers Euroz Hartleys. That's because it comes hot on the heels of a A$1.02 billion mining contract with AngloGold Ashanti, and a A$500 million contract for Gold Fields. Analyst Gavin Allen says the wins were well telegraphed. Still, they lengthen Perenti's orderbook and show the company can deliver on what it promised. They also bolster investors' confidence in Perenti's ability to achieve guidance. \"Perenti is in our view one of a handful of companies in our coverage universe that can trade up into results simply by hitting numbers,\" Euroz Hartleys says. It retains a buy call on Perenti's stock. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7095":"多种金属与采矿","PRN.AU":"PERENTI LTD"},"translate_title":"Perenti赢得Endeavor合同增强了信心——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PRN.AU":0.9},"content_text":"2217 GMT - Perenti's A$1.1 billion contract with Endeavour Mining for its underground mine in Burkina Faso cheers Euroz Hartleys. That's because it comes hot on the heels of a A$1.02 billion mining contract with AngloGold Ashanti, and a A$500 million contract for Gold Fields. Analyst Gavin Allen says the wins were well telegraphed. Still, they lengthen Perenti's orderbook and show the company can deliver on what it promised. They also bolster investors' confidence in Perenti's ability to achieve guidance. \"Perenti is in our view one of a handful of companies in our coverage universe that can trade up into results simply by hitting numbers,\" Euroz Hartleys says. It retains a buy call on Perenti's stock. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 02, 2025 18:17 ET (22:17 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}