Australia's Carnavale Resources gains on gold find at WA project

Carnavale Resources

18/01/2022 03:07

** Miner's shares  CAV.AX  rise as much as 25% to A$0.01,
highest since April 19
    ** Company says drilling at its Kookynie gold project in
Western Australia discovered a new high-grade gold lode
 urn:newsml:reuters.com:*:nASX6P3Vy
    ** Stock posts biggest intraday pct gain since May 25
    ** Nearly 150 mln shares change hands, vs 30-day average
volume of ~4.7 mln
    ** Stock up 14.3% YTD, as of last close

 (Reporting by Arundhati Dutta in Bengaluru)
 ((Arundhati.Dutta@thomsonreuters.com))