Australia's Connected Minerals gains on high-grade uranium find at Namibia project
05/02/2025 04:37
** Shares of Connected Minerals up 7.5% at A$0.215
** Stock rises as much as 15% to A$0.230 earlier in the day,
posting its biggest intraday pct gain since late-June 2024
** Stock hits the highest level since Dec. 30
** Mineral explorer says it has found high-grade uranium
mineralisation at the Ondapanda prospect in the Etango
North-East project in Namibia
** Stock was on trading halt on Feb. 3 and 4, pending the
announcement of exploration results
** More than 258,500 shares change hands, 3.7 times the
30-day average of 69,645
** Stock has risen 7.5% YTD, including current session's
moves
(Reporting by Manasi Dasa Sundeep in Bengaluru)
((Manasi.DasaSundeep@thomsonreuters.com;))