NZSE:MCYElectric Utilities
Assessing Mercury NZ (NZSE:MCY) Valuation After Geothermal Expansion Progress And Strong Hydro Generation
Mercury NZ (NZSE:MCY) has drawn fresh attention after its latest quarterly update, where investors focused on commissioning progress at the Ngā Tamariki OEC5 geothermal expansion and strong hydro inflows supporting generation and storage.
See our latest analysis for Mercury NZ.
At a share price of NZ$6.35, Mercury NZ has had a softer start to the year, with a year to date share price return of 2.31% and a 1 year total shareholder return of 10.13%. This suggests that near term momentum has...