Australia's Global Uranium and Enrichment jumps on US uranium find

Global Uranium and Enrichment

22/05/2024 05:02

** Shares of Global Uranium and Enrichment  GUE.AX  rise as
much as 13.6% to A$0.125, set for best day since Jan. 15, if
gains hold         
    ** Uranium miner says drill results confirm strong potential
of the Tallahassee Uranium Project in Colorado, U.S. 
    ** Drilling is ongoing and scoping study will be completed
in Q3 2024 - co
    ** Stock hits highest level since Feb. 26    
    ** Over 2 mln shares change hands, compared with the 30-day
average volume of 730,983     
    ** GUE up 12.2% YTD, as of last close

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))