Australia's Gold Mountain jumps on identifying new drill targets at PNG project
07/03/2022 02:59
** Shares of Gold Mountain Ltd GMN.AX rise as much as
11.1% to A$0.010, their highest since Feb. 24
** Gold explorer says new drill targets have been identified
at its Mt Wipi project in Papua New Guinea urn:newsml:reuters.com:*:nASX59v29q
** More than 3 mln shares change hands, vs the 30-day
average volume of ~1.4 mln
** Stock down 40% YTD, as of last close
(Reporting by Arundhati Dutta in Bengaluru)
((Arundhati.Dutta@thomsonreuters.com;))