Australia's Black Canyon hits nearly 3-month high on manganese find

Black Canyon

18/10/2023 04:10

** Shares of Black Canyon  BCA.AX  rise as much as 13.3% to
A$0.170, highest level since July 26
    ** Stock set for best day since Aug. 31, if gains hold
    ** Mineral explorer announces further discoveries of thick,
near-surface manganese-enriched shales at the Balfour Manganese
Field in the Pilbara region of Western Australia
    ** Discoveries at the Pickering and Damsite Prospects within
the Balfour Manganese Field
    ** More than 455,750 shares change hands, compared with the
30-day average volume of 35,826
    ** Stock down 37.5% YTD, as of last close

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))