Australia's Kingfisher Mining hits 2-month high on rare-earths find

Kingfisher Mining

23/11/2023 01:53

** Shares of Kingfisher Mining  KFM.AX  rise as much as
17.7% to A$0.200, their highest level since Sept 14 
    ** Stock set for best day since Nov 16, if gains hold   
    ** The natural resources explorer says new high-grade
rare-earths elements confirmed at Mick Well area in Gascoyne
Province, WA
    ** Known rare-earths mineralisation now exceeds a strike
length of 13.5km - Kingfisher 
    ** About 139,816 shares change hands, compared with the
30-day average volume of 78,686 
    ** Stock set to snap a two-day losing streak, if gains hold
    ** Kingfisher stock down 64.2% YTD, as of last close
    

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))