Australia's Emu NL jumps on potential nickel-copper presence at WA project

Emu NL

02/03/2022 03:05

** Shares of diversified metals explorer Emu NL  EMU.AX 
rise as much as 12.5% to A$0.018, marking their biggest intraday
pct gain since Feb 4
    ** Co says historical records show that co's Sunfire
nickel-copper-PGE project in Western Australia had confirmed
presence of nickel sulphides  urn:newsml:reuters.com:*:nASX9yZNLS
    ** Stock hits highest since Feb 4
    ** Over 1.3 mln shares change hands, vs 30-day average
volume of ~980,000
    ** Stock up 15.8% YTD, as of last close
    

 (Reporting by Arundhati Dutta in Bengaluru)
 ((Arundhati.Dutta@thomsonreuters.com;))