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GR Engineering Secures $75.1 Million Contract for WA Gold Project
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GR Engineering Secures $75.1 Million Contract for WA Gold Project

Story Highlights
  • GR Engineering wins a $75.1 million contract to upgrade King of the Hills facility.
  • The project enhances processing plants, boosting GR Engineering’s gold sector success.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

GR Engineering Services Ltd ( (AU:GNG) ) has shared an update.

GR Engineering Services Limited has secured a $75.1 million engineering, procurement, and construction contract with Greenstone Resources for the Stage 1 upgrade of the King of the Hills processing facility in Western Australia. The project involves significant enhancements to both the dry and wet processing plants, with immediate commencement expected to strengthen GR Engineering’s position in delivering successful outcomes in the gold sector.

More about GR Engineering Services Ltd

GR Engineering Services Limited operates within the engineering sector, providing engineering, procurement, and construction services. The company focuses on delivering project outcomes primarily within the Western Australian gold sector.

YTD Price Performance: 11.74%

Average Trading Volume: 143,963

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$461.4M

See more insights into GNG stock on TipRanks’ Stock Analysis page.

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