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The Perenti (ASX:PRN) share price is collapsing 29%. Here’s why

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The Perenti Global Ltd (ASX: PRN) share price is taking a shellacking on the trading floor today. At the time of writing, shares in the diversified mining company are down an astonishing 28.72% to 69.5 cents each.

The Perenti freefall comes after the company downgraded revenue and earnings…



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