Australia's Auravelle Metals falls to near two-month low on discounted placement

Auravelle Metals

10/11/2025 02:45

** Shares of Auravelle Metals AUV.AX fall 15.8% to A$0.016, their lowest point since September 22

** The diversified miner says it raised A$2.50 million ($1.62 million) at 1.6 AU cents per share, which represents a 15.8% discount to stock's last close

** Stock up 33.3%, YTD

($1 = 1.5389 Australian dollars)

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))