Australia's Hillgrove Resources jumps on increased resource estimate

Kantra Copper

18/10/2024 05:07

** Shares of Hillgrove Resources  HGO.AX  rise as much as
8.8% to A$0.068, their biggest daily gain since Sept. 25
    ** Miner says contained gold jumped by 138% and contained
copper nearly doubled as of Sept-end vs 2022 at Kanmantoo Copper
Mine in South Australia 
    ** Stock has added 4% so far this week, its biggest
intra-day weekly jump since Sept. 23 
    ** ~8 mln shares change hands, 2.4x the 30-day avg
    ** Stock down 30.9% YTD, including current session, as at
0255 GMT

 (Reporting by Kumar Tanishk in Bengaluru)
 ((Tanishk.Kumar@thomsonreuters.com;))