Australia's Jervois hits over 3-month low as loss widens

Jervois Global

15/11/2022 03:39

** Shares of Australia's Jervois Global Ltd  JRV.AX  fall as
much as 4.9% to A$0.390, lowest since Aug. 3 
    ** Mining and exploration co says Q3 total comprehensive
loss attributable $26.5 mln, compared with year-ago loss of $9.2
mln
    ** Revenue rose to $84.6 mln from $25.3 mln 
    ** Co says bigger loss mainly due to sharp downward movement
in cobalt prices in Q2 and early Q3 of 2022
    ** About 7.9 mln shares change hands, compared with the
30-day moving average of 3.4 mln shares
    ** Stock had fallen 28.6% this year, as of last close
 (Reporting by Nausheen Thusoo)
 ((Nausheen.Thusoo@thomsonreuters.com;))