Australia's ACDC Metals jumps on positive drilling results from REE project

ACDC Metals

15/03/2024 01:19

** Shares of ACDC Metals  ADC.AX  rise as much as 5.6% to
A$0.057, their highest since Feb 19
    ** Stock posts its biggest intraday percentage decline in a
week
    ** Rare earth explorer reports positive drilling results
from its heavy mineral sand and rare earth element
(REE) project Goschen Central project in Victoria
    ** Says results extend zone of high-grade REE mineralisation
at Project
    ** About 110,000 shares change hands, compared with the
30-day average volume 60,832
    ** Stock down 22.9% YTD as of last close



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