Australia's Aruma Resources jumps most in 4 years on copper sampling results

Aruma Resources

29/07/2024 03:20

** Shares of Aruma Resources  AAJ.AX  rise as much as 72.7%
to A$0.019, posting their biggest intraday percentage gain since
March 25, 2020
    ** Stock hits its highest level since May 28
    ** Diversified explorer reports positive historical sampling
results from its recently acquired Fiery Creek Copper Project in
Queensland
    ** Says results show high-grade copper surface samples
    ** About 5.2 mln shares change hands, compared with the
30-day average volume of around 174,000
    ** Stock trims YTD losses to 40.7% with session's moves

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