Australia's Burgundy Diamond rises on increased quarterly revenue

Burgundy Diamond Mines

24/01/2024 02:47

** Shares of Burgundy Diamond Mines  BDM.AX  rise as much as
11.8% to A$0.19, their biggest intraday pct gain since Dec 15,
2023
    ** The diamond co reports revenue of $166 mln for 4Q22, up
37% on the prior corresponding period
    ** About 824,709 shares change hands, compared with the
30-day average volume of 814,065 shares 
    ** Stock has fallen 12.8% this year, as of last close


 (Reporting by Megha Rani in Bengaluru)
 ((Megha.Rani2@thomsonreuters.com;))