Australia's Advance Metals rises most in 9 months on upbeat sampling results

Advance Metals

19/09/2024 01:49

** Shares of Advance Metals  AVM.AX  rise as much as 43.5%
to A$0.033, their biggest intraday percentage gain since Dec 11,
2023
    ** Stock hits its highest level since April 9
    ** The copper explorer reports positive sampling results
from its Augustus project in Arizona, U.S.
    ** Says initial results have confirmed high-grade gold
mineralisation at project
    ** About 12.6 mln shares change hands, over 100x the 30-day
average volume of around 123,000
    ** Stock down 47.6% YTD, including session's moves



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