CGN Resources hits near 5-month high after getting two exploration licenses

CGN Resources

03/10/2025 06:34

** Shares of Australia's CGN Resources CGR.AX rise as much as 174.5% to A$0.14, its biggest intraday pct rise

** Stock hits highest level since May 6; last up 84.3%

** Exploration-focused miner secures two exploration license applications located in Leonora, Western Australia, through a tenement ballot

** About 11.5 mln shares change hands, 115.4 times the 30-day avg

** Stock is up 44.4% YTD, including the session's moves

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))