Australia's Killi Resources rises to over 4-year high on iron ore project acquisition

Killi Resources

11/06/2026 02:36

** Shares of Killi Resources KLI.AX rise as much as 23% to A$0.29, their highest level since April 22, 2022
** Stock extends gains for a fifth consecutive day, set to mark their best session since late-April
** The gold and copper explorer acquires Lodestone iron ore project in Western Australia for A$20.4 million ($14.29 million) 
** About 2.2 million shares change hands, 1.3 times the 30-day avg 
** Stock up 477%, YTD 

($1 = 1.4273 Australian dollars)

 (Reporting by Anjali Singh in Bengaluru)
 ((anjali.singh2@thomsonreuters.com;))