Australia's King River Resources jumps on high purity alumina production

King River Resources

25/03/2021 03:20

** Shares of King River Resources  KRR.AX  rise as much as
13.8% to A$0.033, their highest since Jan. 29
    ** Gold-silver-copper explorer says has produced high purity
alumina (HPA) at >4N (99.99%) purity using a new process
 urn:newsml:reuters.com:*:nASX2T85Gc
    ** The >4N purity grade results are from five HPA production
batches, co says
    ** Stock posts its biggest intraday percentage gain since
Jan. 25
    ** Nearly 11.9 mln shares change hands, compared with the
30-day average volume of about 1.9 mln shares
    ** Stock had risen 11.5% this year, as of last close
    
    

 (Reporting by Nikhil Subba in Bengaluru)
 ((Nikhil.Subba.thomsonreuters.com@reuters.net))