Australia's Aruma Resources hits 4-month high on acquiring copper & uranium assets

Aruma Resources

27/05/2024 03:05

** Shares of Aruma Resources  AAJ.AX  rise as much as 26.3%
to A$0.024, their highest since Jan. 29
    ** Stock posts biggest intraday pct jump since March 6
    ** Mineral explorer acquires portfolio of copper and uranium
exploration assets in South Australia and Queensland
    ** Co to acquire three projects from NHM Holdings
(Australia) Pty
    ** Says acquisition will paid through the issue 26.5 mln
fully paid shares of co to NHM shareholders, among others
    ** Stock down 29.6% YTD as of last close

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