Australia's African Gold rises on solid inventory outlook for Côte d'Ivoire site

African Gold

23/06/2025 03:38

** Shares of African Gold Ltd A1G.AX rise as much as 15.63% to A$0.185, their biggest intraday pct gain since May 29

** The gold miner expects a 119% increase in mineral inventory at the Blaffo Guetto prospect in its Didievi Gold Project in Côte d'Ivoire

** Stock touches its highest level since June 16

** Trading volume around 3.5 mln, over 2.4x stock's 30-day avg of about 1.5 mln

** Stock has gained 218.18%, YTD

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))