BUZZ-Australia's Amaero jumps to over two-week high on upbeat outlook
Reuters
Aug 13, 2025
BUZZ-Australia's Amaero jumps to over two-week high on upbeat outlook
** Shares of Amaero 3DA.AX rise as much as 4.1% to A$0.510, their highest level since July 29
** The titanium alloy producer expects to achieve positive EBITDA in FY2027, while seeing its first-quarter revenue for FY26 to jump 550% to A$5.5 million ($3.59 million)
** Shares post their biggest intraday gain since August 6
**YTD, shares up 98%
($1 = 1.5337 Australian dollars)
(Reporting by Nichiket Sunil in Bengaluru)
((Nichiket.Sunil@thomsonreuters.com))
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