Australia's EQ Resources rises on regulatory nod for Spain mine acquisition

EQ Resources

29/11/2023 02:46

** Shares of EQ Resources  EQR.AX  rise as much as 13.33% to
A$0.068, their biggest intraday percentage gain since Oct 18
    ** Stock hits its highest level since Nov 14
    ** The tungsten miner says the Spanish Ministerial Council
has approved co's unit's A$25 mln($16.65 mln) bid to acquire the
Barruecopardo tungsten mine in Spain
    ** Nearly 3.6 mln shares change hands, compared with the
30-day average volume of 583,457
    ** Stock up 25% YTD, as of last close

    ($1 = 1.5020 Australian dollars)

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