Australia's Kula Gold jumps most in nearly 5 months on gold find in WA
10/04/2024 02:42
** Shares of Kula Gold KGD.AX rise as much as 44.4% to
A$0.013, posting their biggest intraday pct gain since Nov. 16,
2023
** Stock hits its highest level since Jan. 24
** Gold explorer says geochemical sampling has defined gold
anomaly at Boomerang Gold Prospect in Marvel Loch Project, near
Southern Cross, Western Australia
** Says drilling approvals in place
** About 6.3 mln shares change hands, compared with the
30-day average volume of 1.4 mln shares
** Stock down 40% this year, as of last close
(Reporting by Megha Rani in Bengaluru)
((Megha.Rani2@thomsonreuters.com;))
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