Jervois Global hits over 10-yr low on sales impact in Finland, weak cobalt prices

Jervois Global

30/04/2024 02:40

** Shares of Australia's Jervois Global  JRV.AX  fall as
much as 10% to A$0.018, their lowest since July, 2013
        ** Says march sales at Finland operations were affected
by local strikes
    ** The firm says it is actively engaging with third parties
for strategic financing initiatives 
    ** Says cyclical weakness in cobalt prices persisted in the
quarter
    ** Stock set for worst intraday loss since April 17
    ** Stock has fallen 54.6% this year as of last close

 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Rishav.Chatterjee@thomsonreuters.com;))