Australia's iTech Minerals hits 6-week high on additional rare earths find

Itech Minerals

22/07/2022 04:55

** Shares of iTech Minerals  ITM.AX  rise as much as 11% to
A$0.405, their highest since June 8
    ** Says https://www.asx.com.au/asxpdf/20220722/pdf/45c2bnkdhlnfby.pdf
 drill results reveal additional thick, high-grade rare earth
elements at the Caralue Bluff prospect in South Australia
    ** ITM says all drill results are expected by end-July
    ** More than 600,000 shares have changed hands, compared
with the 30-day average of about 230,000 shares 
    ** Stock up for third straight day
    ** As of last close, ITM had risen ~82.5% so far this year
    


 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))