BUZZ-Australia's Mitchell Services rises to 3-1/2-month high on upbeat quarterly earnings
Reuters
Jan 28
BUZZ-Australia's Mitchell Services rises to 3-1/2-month high on upbeat quarterly earnings
** Shares of Mitchell Services MSV.AX rise 5.6% to A$0.375, their highest level since mid-October
** The drilling services provider posts quarterly EBITDA of A$9.6 million ($6.73 million), up 71% from year-ago period
** Shares mark biggest intraday pct gain in over three months
** About 1.6 million shares change hands, 8x the 30-day average of 194,528
** Stock lost 2.9% in 2025
($1 = 1.4269 Australian dollars)
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((Jasmeenaraislam.Shaikh@thomsonreuters.com;))
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