Australia's Global Uranium and Enrichment jumps on upbeat drilling results

Global Uranium and Enrichment

05/06/2024 04:45

** Shares of Global Uranium and Enrichment  GUE.AX  rise as
much as 15.4% to A$0.105, posting their biggest intraday
percentage gain since Jan. 15
    ** Stock hits its highest level since May 27
    ** Uranium explorer reports positive drilling results from
its Tallahassee Uranium Project in Colorado, U.S.
    ** Says drilling found high grade and thick uranium
minersalisation at project 
    ** About 2.4 mln shares change hands, compared with the
30-day average volume of around 934,000
    ** Stock down 7.1% YTD, based on last close



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