OZ Minerals (OZL) first half beat
Oz Minerals (OZL) +3.90%
1H20 result showing underlying NPAT of $80 million (up 82%) on higher volumes and a strong gold price, EBITDA of $251 million (up 55%) at a robust operating margin of 44%, strong operating cash flows of $151 million (up 49%), Fully franked interim dividend of 8 cps declared. In terms of production guidance, we saw upgrades across all operations following strong H1 performance – all in all, a hard result to fault.
Oz Minerals (OZL) Chart
