Enterprise Metals jumps on rare earths find at Western Australia site

Enterprise Metals

13/03/2026 03:30

** Shares of Enterprise Metals ENT.AX rise as much as 50% to A$0.006, their highest since December 8, 2025

** Stock logs biggest intraday pct jump since late August 2025

** Diversified miner reports high grade rare earth elements at its Cuddingwarra North prospect in Western Australia

** Says mineralisation shows a strong combined proportion of critical magnet rare earth elements, representing the key rare earth inputs required for high-performance permanent magnets used in EV motors and advanced technologies

** More than 23.8 million shares change hands, 19.5 times the 30-day average

** Stock flat YTD, including the day's moves

 (Reporting by Nikita Maria Jino in Bengaluru)

 ((Nikita.Jino@thomsonreuters.com;))