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Red Hill Minerals Limited (ASX:RHI)

ALERT: Price-sensitive ASX Announcement for RHI
Current share price for RHI : $4.440 -0.56 (-11.20%)+
Announcement
Release
2 Mar 2026 8:20AM
Price at Release
$5.000
Full Release
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Summary
Red Hill Minerals Limited announced its half-year financial results for the period ending 31 December 2025, declaring an interim dividend of 11.6 cents per share, fully franked, for FY26. The company reported a significant increase in statutory profit before tax to $15.2 million from $5.3 million in the previous year. The Onslow Iron Ore Project contributed $14.9 million in royalty revenue. Red Hill invested $4.6 million in exploration projects, paid $2.0 million as a balance for the Sandstone Royalty, and issued a fully franked dividend payment of $4.2 million in September 2025. The company maintained a cash balance and receivables totaling $69.9 million as of 31 December 2025.
Key Points
  • Interim dividend of 11.6 cents per share, fully franked, declared for FY26.
  • Statutory profit before tax reached $15.2 million, up from $5.3 million.
  • Onslow Iron Ore Project generated $14.9 million in royalty revenue.
  • Exploration expenditure totaled $4.6 million for various projects.
  • A fully franked dividend payment of $4.2 million was made in September 2025.
  • Cash balance and receivables stood at $69.9 million as of 31 December 2025.
  • Key dates for dividend: Ex Dividend Date: 9 March 2026, Record Date: 10 March 2026, Payment Date: 24 March 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.