Australia's Dreadnought Resources rises on positive assay results in WA project
** Shares of Dreadnought Resources DRE.AX rise as much as
7.6% to A$0.057, set for best day since Aug 31, if gains hold
** The mining co says positive assays results for
rare-earths have been received from drilling in Mangaroon
project of Western Australia
** Two analysts rate the stock "buy" or higher; their median
PT is A$0.18 – LSEG data
** Dreadnought stock down 49.5% YTD, as of last close
(Reporting by Adwitiya Srivastava in Bengaluru)
((Adwitiya.Srivastava@thomsonreuters.com;))
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