BUZZ-Australia's Red Hill Minerals rises on upbeat full-year profit growth

Reuters
Mar 02
BUZZ-Australia's <a href="https://laohu8.com/S/RHI.AU">Red Hill</a> Minerals rises on upbeat full-year profit growth

** Shares of Red Hill Minerals RHI.AX rise as much as 2% to A$5.1, their highest level since February 18

** The gold and battery metal explorer posts a full-year statutory profit before tax of A$15.2 million ($15.20 million), up from A$5.3 million reported a year ago

** Company declares an interim dividend for FY26 of 11.6 Australian cents per share, fully franked

** About 53,000 shares change hands, 1.5 times the 30-day average

** Stock up 6.2% YTD, including the session's moves

($1 = $1.0000)

(Reporting by Anjali Singh in Bengaluru)

((anjali.singh2@thomsonreuters.com;))

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