Australia's Coda Minerals rises most in month on divesting gold project

Coda Minerals

04/07/2022 01:47

** Shares of mineral exploration co Coda Minerals  COD.AX 
rise as much as 11.1% to A$0.3, eyeing their best intraday
session since June 1, if gains hold
    ** COD divests Mt Piper gold project in Central Victoria to
Kalamazoo Resources Ltd  KZR.AX   urn:newsml:reuters.com:*:nASX75443w
    ** Deal for A$300,000 and 1.5 mln ordinary shares in
Kalamazoo 
    ** Shares hit their highest levels since June 22
    ** Stock notches its second straight day of gain
    ** Stock has fallen about 71.6% this year, as of last close

 (Reporting by Anan Ashraf in Bengaluru)
 ((Anan.Ashraf@thomsonreuters.com;))