Australia's Caprice Resources climbs on rare earths find in WA

Caprice Resources

05/05/2023 06:49

** Shares of Caprice Resources  CRS.AX  rise as much as
36.6% to A$0.056; on track for best session since March 7, if
gains hold
    ** Stock hits highest level since March 16
    ** Co identifies significant rare earth element anomaly at
the Mukinbudin rare earth element project in Western Australia
    ** "The initial exploration work is highly encouraging and
confirms the prospectivity of the project," says CRS
    ** More than 4.7 mln shares have changed hands, compared
with the 30-day average of about 228,000 shares 
    ** As of last close, stock down ~37.9% YTD
    


 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))