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BSE Base Resources News Story

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Basic MaterialsHighly SpeculativeSmall Cap

Australia's Base Resources hits more than 4-month high on FY results

** Shares of mineral sand producer Base Resources Ltd
 BSE.AX  rise as much as 4.7% to A$0.34, highest since April 6
    ** Co records 41% jump in FY revenue to $279.1 mln due to
higher sales volumes and product prices  urn:newsml:reuters.com:*:nFWN2ZW00K
    ** Net profit after tax surged to $80.7 mln from $11.0 mln 
    ** Stock to mark its biggest daily jump since Aug. 9 if
gains hold; up for a third consecutive session 
    ** Shares down 4.5% this year, as of last close


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

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