Australia's Galileo Mining jumps on high-grade onshore ore find

Galileo Mining

02/10/2023 01:06

** Shares of Galileo Mining  GAL.AX  rise as much as 18.6%
to A$0.350, hitting their highest level since Sept 6
    ** Stock last up ~17%, on track for best day since June 9
    ** Specialty miner says discovery of high-grade ores for
gold, nickel and copper at onshore mine in Western Australia
    ** 350,749 shares change hands, 1.2x the 30-day average
volume of 287,388 shares
    ** Stock has fallen 65.6% this year as of last close

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