Australia's Prospech soars on upbeat drilling results from Finland project

European Resources

07/02/2025 24:08

** Shares of Prospech  PRS.AX  rise as much as 75% to
A$0.035 in their biggest intraday pct gain since April 11, 2023
    ** PRS hits its highest level since October 1, 2024; stock
last up 60%
    ** Critical minerals explorer reports positive drilling
results from its Korsnäs rare earth element project in Finland
    ** Says results extend reported rare earth resource estimate
for project
    ** About 3.4 mln shares change hands, vs the 30-day average
of around 433,000
    ** Stock up 10.3% this year, including day's move

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