Australia's Impact Minerals gains most in 16 months on new lithium targets

Impact Minerals

21/09/2021 06:16

** Shares of Impact Minerals Ltd  IPT.AX  jump as much as
30.77% to A$0.017, set for sharpest daily gain since May 2020
    ** Metal explorer hits highest since June 23
    ** Co discovers https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02423950-6A1051216?access_token=83ff96335c2d45a094df02a206a39ff4
 multiple high-priority targets, including lithium compounds for
the first time, at Arkun Project in Western Australia
    ** Other targets include nickel-copper-platinum-metal-group
    ** About 25.7 mln shares change hands, over 8x their 30-day
average
    ** IPT sees busiest trading day since Oct 2020
    ** Stock has fallen about 32% this year, as of last close
    
  

 (Reporting by Dhriti Garg in Bengaluru)
 ((dhriti.garg@thomsonreuters.com))