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Macmahon Holdings Limited (ASX:MAH) was upgraded by equities research analysts at Hartley’s Research to a “buy” rating in a research note issued to investors on Tuesday.

Macmahon Holdings Limited (ASX:MAH) traded up 4.35% on Tuesday, hitting A$0.120. 5,451,674 shares of the company’s stock traded hands. Macmahon Holdings Limited has a 52 week low of A$0.100 and a 52 week high of A$0.165. The stock has a 50-day moving average of A$0.11 and a 200-day moving average of A$0.11. The company has a market cap of A$149.6 million and a price-to-earnings ratio of 4.79.

Macmahon Holdings Limited provides the complete package of mining services to clients throughout Australia and in New Zealand, South East Asia, Mongolia and Africa.

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