Australia's Perenti soars on multiple contract wins

By Reuters News

** Perenti PRN.AX rises as much as 7.9% to A$2.32, stock's highest level since September 18

** On track for its biggest one-day pct gain since mid-June

** Mining services firm announces multiple contracts across five drilling businesses and a contract with Endeavour Mining EDV.L for its underground mining business

** Says, drilling contracts awarded in recent weeks for projects across Australia, US, and Canada will contribute revenue of around A$185 million ($129.85 million) in FY27

** About 3.1 million shares change hands, 1.5 times the 30-day avg

** Stock is down 17% YTD, including the session's moves

($1 = 1.4247 Australian dollars)

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