Deterra Royalties Limited (ASX:DRR) will look for acquisitions. Brendon Ryan, Chief Financial Officer, said during First Half Fiscal Year 2023 Financial Results Conference Call, "In terms of our capital management framework, you will note that we continue to prioritize shareholder returns, although recognized the intent to invest in growth, we intend to optimize the use of debt for future acquisitions, specifically, the cash flow from new assets will at least in part be utilized to pay down debt. And we also intend to maintain target leverage within the range of 0% to 15% of enterprise value over time to protect the option to add flexibility when value-accretive opportunities arise".
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5-day change | 1st Jan Change | ||
4.54 AUD | -2.58% | -5.02% | -13.85% |
Feb. 16 | Deterra Royalties' Fiscal H1 FY24 Revenue Rises 23%; Shares Rise 1% in Early Trading | MT |
Feb. 16 | Deterra Royalties Limited Declares an Interim Dividend | CI |
EPS Revisions
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-13.85% | 1.63B | |
-14.61% | 52.07B | |
-14.59% | 9.16B | |
+19.20% | 9.07B | |
+0.91% | 5.93B | |
-35.25% | 5.41B | |
+15.27% | 2.13B | |
+10.47% | 2B | |
+20.60% | 1.82B | |
-18.76% | 1.48B |
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