Australia's Highfield Resources eyes best day in 8 months on construction licence

Highfield Resources

24/06/2022 03:16

** Shares of mineral explorer Highfield Resources  HFR.AX 
rise as much as 27.9% to A$0.87, post their biggest intraday pct
gain since Oct. 20, 2021
    ** HFR receives licence for construction at Muga project,
Spain, from Townhall of Undués de Lerda in Aragón  urn:newsml:reuters.com:*:nASX14nPHn
    ** Licence issued for construction of mine gate and two
underground declines
    ** Shares hit their highest since June 16
    ** More than 548,000 shares change hands, compared with the
30-day average volume of about 237,000 shares
    ** Stock down 24.4% this year, as of last close

 (Reporting by Anan Ashraf)
 ((Anan.Ashraf@thomsonreuters.com;))