DDH – DDH1 Ltd

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Recommendation Rating

1.5

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5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 0.85

Low: 0.71

High: 0.94

Total Analysts: 4

Company Profile

DDH1 Limited is a drilling company, which serves the mining and exploration sectors. The Company provides a range of specialized surface and underground drilling services to mining and exploration clients in Australia. Its fleet of drilling rigs includes dual-purpose rigs that can perform reverse circulation drilling as a precursor for its clients. It offers reverse circulation capabilities through its multi-purpose specialist rigs. It also offers specialist engineering services to deliver solutions to the technical drilling challenges in some of the complex operating environments in Australia. It operates a fleet of about 104 specified drill rigs across three brands, such as DDH1 Drilling, Ranger Drilling, and Strike Drilling to offer customers a suite of specialized drilling services. DDH1 Drilling is a provider of diamond coring mineral drilling services. Ranger Drilling and Strike Drilling, provides specialist reverse circulation drilling services across the commodity chain.

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