Richmond's Ritchie Bros. Auctioneers (TSX,NYSE:RBA) concluded its largest Australian auction this week selling roughly US$52 million worth of industrial equipment.
The two-day auction surpassed the previous record of AU$37 million worth of industrial equipment sold at its Brisbane auction site last September.
Almost 1,800 people from 17 countries registered to bid in person on the large selection of model cranes, earthmoving equipment and trucks.
Ritchie Bros.' share price range during the past week: between $24.72 and $25.97; 52-week high: $30.50; 52-week low: $20.67.