Australia's 29Metals jumps on higher quarterly production

29Metals

24/07/2024 05:20

** Shares of 29Metals  29M.AX  rise as much as 9.2% to
A$0.415, posting their biggest intraday percentage gain since
June 3
    ** Stock hits its highest level in a week
    ** Diversified miner posts a record copper production of 6.4
kilotons for the June quarter
    ** Says its quarterly zinc output increased 225% over the
previous quarter
    ** About 3 mln shares change hands, compared with the 30-day
average volume of around 2.1 mln
    ** Stock trims YTD losses to 38.8%, including session's
moves



 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))