Australia's Dreadnought Resources jumps on rare earths find
28/12/2022 01:56
** Shares of Dreadnought Resources Ltd DRE.AX jump as much
as 9.4% to A$0.105, their highest since Dec 5
** Stock posts its biggest intraday pct gain since Dec 21
** Gold miner says its exploration over 3 kilometres of Yin
rare earth element Ironstone complex delivered high-grade,
independent resource urn:newsml:reuters.com:*:nASX19Jh27
** Co says the resources contain Nd+Pr compounds
** More than 9.2 mln shares change hands, 1.4 times the
30-day average volume
** Stock has more than doubled this year, as of last close
(Reporting by Poonam Behura in Bengaluru)
((Poonam.Behura@thomsonreuters.com;))
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