Australia's Equinox Resources rises on high-grade iron ore find

Eminence Minerals

06/06/2024 06:00

** Shares of Equinox Resources  EQN.AX  jump ~15% in heavy
trading
    ** Stock set for biggest one-day gain since May 20
    ** Mineral explorer defines large-scale, high-grade direct
shipping ore component of wider iron ore resource at Hamersley
iron ore project at Pilbara, west Australia
    ** About 2.2 mln shares traded, stock's busiest day ever
    ** Stock extends YTD gains to ~28% vs ~130% surge last year

 (Reporting by Sneha Kumar in Bengaluru)
 ((Sneha.Kumar@thomsonreuters.com;))