Australia's Hammer Metals rises on copper discovery at Queensland project
14/02/2022 03:33
** Shares of mineral explorer Hammer Metals HMX.AX rise as
much as 25.7% to A$0.088, marking their biggest intraday gain
since Feb. 22 last year
** Co says drilling at Ajax prospect at its Mount Isa
project in Queensland has intercepted high-grade copper bearing
sulphides urn:newsml:reuters.com:*:nASX6Y12J3
** Shares hit their highest since Aug. 24, 2021
** At 16.9 mln shares, volumes are 8 times the 30-day
average of 2.1 mln shares
** As of last close, stock up 16.7% this year
(Reporting by Himanshi Akhand in Bengaluru)
((Himanshi.Akhand@thomsonreuters.com;))
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