Australia's Cygnus Metals jumps on lithium find at Canadian project

Cygnus Metals

19/04/2023 06:11

** Shares of Cygnus Metals Ltd  CY5.AX  rise as much as
11.3% to A$0.295, hit highest level since March 15
    ** Diversified miner says drilling finds high-grade lithium
mineralisation from Pontax Lithium Project, James Bay, Canada
    ** Stocks sees best session since April 6
    ** More than 1.3 mln shares change hands, compared with the
30-day average volume of about 398,000 shares
    ** Stock has fallen 30.3% this year, as of last close
 

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