Australia's Aquirian soars on $12.6 mln supply agreement for Western Australia project

Aquirian

23/01/2025 23:41

** Shares of Aquirian  AQN.AX  rise about 47% to A$0.265 in
what could be their strongest trading session ever
    ** Mining services provider rose as much as 55.6% earlier in
the day, hitting the highest level since April 11, 2023
    ** Company says its unit Western Energetics signs a
three-year A$20 mln ($12.57 mln) agreement with Aurenne Mt Ida
Gold for Western Australia project
    ** AQN says agreement is for the supply of energetic
products, initiating systems and drill technology
    ** A total of 223,529 shares change hands compared to 30-day
average trading volume of 21,819 shares 
    ** Stock largely unchanged this year, as of last close
   


($1 = 1.5913 Australian dollars)

 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))