GNR Engineering (ASX:GNG) shares have seen an uptick of as much as 2.4%, reaching A$2.160.
This uptick is poised to mark the company’s best day since September 22, subject to the preservation of the gains.
GNR Engineering, an Engineering contractor, has announced it has secured an A$155 mln engineering, procurement, and construction (EPC) contract with Evolution Mining (ASX:EVN).
The contract regards the Mungari Future Growth Project – Process Plant in Western Australia.
The contract’s primary assignment involves expansion of the current Mungari process plant’s yearly throughput.
This includes necessitated modifications to the process plant buildings along with related infrastructure.
The stock is on track for its fourth consecutive week of gains, assuming the gains persist.
As of latest closure, the stock had increased by 9.1% year to date.
GNR Engineering is an established engineering contracting firm specializing in offering comprehensive solutions to its clientele.