Australia's Aldoro Resources climbs on rare-earth find

Aldoro Resources

23/05/2025 07:02

** Shares of copper miner Aldoro Resources ARN.AX up 8.2% at A$0.33

** Co says exploration results confirm new high-grade rare-earth deposits at the Kameelburg project in Namibia

** Stock rose as much as 21.31% to A$0.370 earlier in the session

** Over 1.7 mln shares change hands, more than twice the 30-day average of ~712,000 shares

** Stock up 3.1% this week, flipping from 4.7% decline as of Thursday

** Stock trims YTD loss to 13.16%

(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.Agarwal@thomsonreuters.com;))