Interra Resources have called for a trading halt, pending release of an announcement, after its share price surged by as much as 18.8% this morning.
The oil producer on Aug 11 reported earnings of US$558,000 for its 1HFY203, down from US$4.2 million reported in the year earlier.
Revenue in the same period was down 23% y-o-y to US$9.6 million, as it sold a lower volume of oil and at lower prices.
As at 11.27 am, Interra Resources shares changed hand at 3.5 cents, up 9.38%. It was as high as 3.8 cents earlier today.
