Australia's Coppermoly eyes best day in 13 weeks on exploration license grant

Coppermoly

21/10/2021 05:49

** Shares of mineral exploration co  COY.AX  jump as much as
30.8% to A$0.017 - on track for their best day since July 21
    ** Co hits highest level since Aug. 11
    ** Co reports grant of exploration license for a tenement at
Fox Creek Project in Queensland from Queensland Department of
Natural Resources, Mines and Energy  urn:newsml:reuters.com:*:nASX89N4lb 
    ** Says project is deemed prospective for base metals and
gold mineralization
    ** Adds co applied for exploration license for another
tenement south of the Fox Creek Project    
    ** More than 3.8 mln shares traded vs their 30-day moving
avg of about 287,000 shares; busiest trading day since July 21
    ** Stock flat so far this year, as of last close

 (Reporting by Jaskiran Singh in Bengaluru)
 ((Jaskiran.Singh@thomsonreuters.com))