Australia's First Lithium soars to near 13-yr high on offshore lithium ore discovery

First Lithium

20/12/2023 04:12

** Shares of First Lithium  FL1.AX  jump as much as 108.8%
to A$0.835, hitting their highest level since Feb. 17, 2011
    ** Stock currently up 46.3%, sees best day since Sept. 28
    ** Diversified miner announces significant discovery of
lithium ore at offshore mine in West Africa
    ** Around 11 mln shares change hands, 14.5x the 30-day
average volume of 756,295 shares
    ** Stock has more than doubled this year, as of last close

 (Reporting by Shivangi Lahiri in Bengaluru)
 ((shivangi.lahiri@thomsonreuters.com))