Australia's FMR Resources jumps on identifying prospective REE targets

FMR Resources

02/05/2025 05:16

** Shares of FMR Resources FMR.AX rise 9.7% to A$0.17, their highest since April 14

** Stock set for its strongest session since February 17 - if current trends hold

** Diversified explorer identifies prospective targets for rare earths elements (REE) mineralization at its Fintry Project in Canada

** About 137,614 shares change hands, 5.9x the 30-day average of 23,511 shares

** Stock up 9.7% YTD, including current session's moves

 (Reporting by Manasi Dasa in Bengaluru)

 ((Manasi.DasaSundeep@thomsonreuters.com;))