Australia's Metalicity rises most in two weeks on project expansion

Arika Resources

20/04/2022 04:28

** Miner's shares  MCT.AX  up as much as 9% at A$0.006,
biggest intraday pct gain since April 7
    ** Company says https://www.asx.com.au/asxpdf/20220420/pdf/4584qgk32q7lfv.pdf
 it will expand its current drilling programme at Kooknyie gold
project in Western Australia
    ** About 6.8 mln shares change hands, 2.1x 30-day average
volume of 3.2 mln shares
    ** Stock down 38.9% this year, as of last close

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com))