Australia's Hawk Resources hits two-month high on copper, gold traces at US project
11/08/2026 04:35
BUZZ-Australia's Hawk Resources hits two-month high on copper, gold traces at US project ** Shares of Australia's Hawk Resources HWK.AX rise as much as 13.3% to A$0.034, their highest level since June 2
** Shares mark their biggest intraday pct gain since July 16
** The critical and precious metal explorer reports visible copper mineralisation in five of seven drill holes at its Cactus copper-gold project in Utah, the United States
** Adds some spots have indicated strong potential for gold mineralisation by the presence of highly anomalous silver, arsenic, and antimony
** About 6.6 million shares change hands, 4.1x the 30-day average
** Stock has gained 0.7%, YTD
(Reporting by Subhalakshmi Dey in Bengaluru)
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