Australia's AML3D rises on contract with U.S. Navy
21/03/2023 01:16
** Shares of AML3D Ltd AL3.AX rise as much as 9.7% to
A$0.079, their highest since March 13
** The contract manufacturing services provider says the
U.S. department of defence signed a new contract for an alloy
characterisation and testing programme to support the U.S.
Navy's submarine industrial base
** Adds contract valued at about A$264,300 ($177,152.36)
** Stock posts its biggest intraday pct gain since March 13
** AML3D stock down 7.7% this year, as of last close
(Reporting By Udbhav Krishna P in Bengaluru)
((UdbhavKrishna.P@thomsonreuters.com))