Carnaby Resources gains most in over 1-1/2 years on Queensland copper find

Carnaby Resources

17/12/2021 03:26

** Shares of the mineral explorer  CNB.AX  rise as much as
51.7% to A$0.440, on track for their biggest pct gain since
March 2020
    ** Says it has intersected copper sulphide zones at its
82.5% owned Nil Desperandum Prospect within the Greater Duchess
Copper Gold Project in Mt Isa, Queensland  urn:newsml:reuters.com:*:nASX4f05m7
    ** Shares hit highest level since June 1 
    ** CNB stock marks busiest day since Jan 2020, with more
than 9.3 mln shares changing hands vs 30-day average volume of 
about 216,000 shares 
    ** Stock has fallen 26.6% so far this year, as of last close

 (Reporting by Roushni Nair in Bangalore)
 ((Roushni.Nair@thomsonreuters.com))