Australia's Kaiser Reef Ltd posts best session in over 3 months on quarterly results

Kaiser Reef

18/01/2022 02:42

** Gold miner's shares  KAU.AX  jump as much as 18% to
A$0.23, biggest intraday pct gain since Oct. 8     
    ** Post quarterly revenue of A$5.1 mln vs A$5.09 mln in
September quarter  urn:newsml:reuters.com:*:nASX4rt0YK
    ** Company says its next exploration target remains the
Union Hill and Nuggety Reef gold projects in the Maldon
goldfield in Victoria
    ** Stock hits highest since Nov. 22
    ** More than 591,000 shares change hands vs 30-day avg
volume of ~194,000 shares
    ** Stock down 7.1% this year, as of last close

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