Australia's Advance Metals leaps on buying silver project in Mexico

Advance Metals

25/10/2024 03:41

** Advance Metals  AVM.AX  leaps as much as 71.4% to
A$0.048, its best day since February 16, 2015
    ** Stock hits the highest since Dec. 11, 2023, on track for
its third straight session of gains
    ** Copper miner will buy a significant high-grade silver
project in Mexico
    ** Says it will acquire Yoquivo Project from U.S.-based
Golden Minerals Company; no financial details were disclosed
    ** Around 21 mln shares traded vs the 30-day avg of 1.3 mln
    ** AVM down 18.6% YTD

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))