Australia's Argosy Minerals rises after 2-day slump on shutting lithium facility

Argosy Minerals

26/07/2024 04:28

** Shares of Argosy Minerals  AGY.AX  rise as much as 50% to
A$0.051, their biggest intraday percentage gain since Jan 20,
2021
    ** The lithium explorer recovers some losses, having
declined about 59.3% after it suspended operations at a lithium
carbonate production facility at its Rincon lithium project in
Argentina on Wednesday
    ** Co still trading 37% below its closing level on Tuesday
    ** About 44 mln shares change hands on Friday, compared with
the 30-day average volume of around 6 mln
    ** Stock trims YTD losses to 63.7%, including session's
moves



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