Australia's Falcon Metals eyes best ever day on gold find at Victoria site

Falcon Metals

11/07/2025 05:16

** Shares of Falcon Metals Ltd FAL.AX rise 81.6% to A$0.345, set for their best session on record

** Stock more than doubled its value earlier in the day, rising 111.8%, hitting highest since April 21, 2023

** Diversified miner finds a high-grade section of quartz vein - a rock that hosts gold - in the first drilling operation at its Blue Moon site in Victoria

** Around 6.0 mln shares changed hands, over 18x the 30-day trading volume of about 339,756

** Session lifts YTD gain to 187%

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))