Stanmore Declares Interim Dividend After Strong Quarter Cuts Net Debt
Closing price · 2026-10-27: $2.67 · +1.52%
Stanmore Resources reported third-quarter sales prices up 6% from the previous quarter and 18% year to date compared with the same period last year, while net debt fell by US$53 million over the quarter. The company declared a fully franked interim dividend of 2.2 US cents per share, after deferring one at the half-year, and said full-year saleable production guidance remains unchanged, with output tracking towards its upper end. It also agreed to acquire the Moranbah South tenements for US$105 million, adding a substantial coal resource beside its existing operations.