Report
EUR 13.77 For Business Accounts Only

AUSDRILL LIMITED increases its risk exposure and slightly lowers to Neutral

AUSDRILL LIMITED (AU), a company active in the General Mining industry, now shows a lower overall rating. The independent financial analyst theScreener confirms the fundamental rating of 4 out of 4 stars. However, the market behaviour deterioration triggered a risk requalification, which can be thus described as risky. theScreener believes that increased risk justifies the general evaluation downgrade to Neutral. As of the analysis date September 27, 2019, the closing price was AUD 2.22 and its expected value was estimated at AUD 2.06.
Underlying
Perenti Global Limited

Ausdrill operates through four segments: Drilling Services Australia, which provides drilling services and drilling equipment including drilling and blasting, in-pit grade control, exploration drilling and water well drilling; Equipment Services and Supplies, which provides mining supplies, products and services including equipment hire, equipment parts and sales; Contract Mining Services Africa, which provides mining services such as drilling and blasting, in-pit grade control, exploration drilling and earthmoving; and All Other, which includes the energy drilling and equipment hire, mineral analysis, property holding services and services to the telecommunications and utility sector.

Provider
TheScreener
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