Australia's Auking Mining rises on acquisition of projects in Tanzania

Auking Mining

19/10/2022 02:07

** Shares of Auking Mining  AKN.AX  jump as much as 36.8% to
A$0.13, on track for their best session since Feb. 21 if gains
hold
    ** Co acquires six projects in Tanzania
    ** The six projects include four that are prospective for
uranium and two which are prospective for copper
    ** Stock hits highest level since Aug. 15
    ** More than 6 mln shares have changed hands, compared with
the 30-day average of about 242,000 shares 
    ** As of last close, AKN stock down 26.3% YTD
 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))