Australia's Metalicity hits 1-1/2-month high on securing lithium project

Arika Resources

18/08/2022 06:19

** Shares of mineral explorer and developer Metalicity Ltd
 MCT.AX  rise as much as 33% to A$0.004, highest since June 29
    ** Co secures Mount Surprise lithium project in North
Queensland amid a global shift towards cleaner sources of energy
 urn:newsml:reuters.com:*:nASX6894tJ 
    ** Stock to mark best day since June 29, if gains hold
    ** More than 7.6 mln shares change hands, compared with the
30-day average volume of about 4.2 mln shares
    ** Stock down 65.4% YTD, as of last close 

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