Australia's Golden Dragon Mining climbs on bagging $1.5 million investment
29/07/2026 05:23
BUZZ-Australia's Golden Dragon Mining climbs on bagging $1.5 million investment ** Shares of Golden Dragon Mining GDR.AX rise as much as 11.8% to A$0.19, their highest level since May 11
** Stock on track for its steepest intraday pct gain since July 6
** Mineral explorer receives A$2.2 million ($1.53 million) investment from Chengtun Gold (Hong Kong), which represents a 19.89% equity interest of co
** Chengtun Gold subscribes to 11 million shares at an issue price of A$0.20 per share, a 17.6% premium of stock's last close
** About 210,000 Golden Dragon Mining shares change hands, 4.7 times the 30-day avg
** Stock down 17% YTD, including the session's moves
($1 = 1.4399 Australian dollars)
(Reporting by Anjali Singh in Bengaluru)