Australia's Black Dragon Gold plunges on being denied permit for Spain project

EMC Gold

02/12/2024 24:23

** Black Dragon Gold  BDG.AX  plunges as much as 50% to
A$0.0016; highest-ever intraday pct decline
    ** Stock hits lowest since Oct. 18; set to lose for the
fourth straight session
    ** Gold explorer says its land re-zoning application for its
Salave Gold Project in Spain was rejected
    ** About 8.1 mln shares traded vs 30-day avg of ~1.8 mln
    ** Stock down 35.3% YTD

 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))