Australia's Centaurus Metals rises on pilot production from Jaguar ore project

Centaurus Metals

04/05/2023 06:27

** Shares of Australia's Centaurus Metals  CTM.AX  rise as
much as 6% to A$0.885, hitting their highest since April 21 
    ** Stock marks third consecutive session of gains 
    ** Mineral explorer says first nickel sulphate produced from
Jaguar ore project as pilot program has successfully concluded 
    ** Adds work to date confirms the quality of the Jaguar
Project has potential to produce a battery-grade nickel sulphate
product for supplies to the EV market 
    ** About 3.9 mln shares have traded so far compared with the
30-day moving average of 559,600 shares 
    ** CTM has fallen ~26% this year, as of last close

 (Reporting by Nausheen Thusoo in Bengaluru)
 ((Nausheen.Thusoo@thomsonreuters.com;))