Australia's Larvotto Resources soars on gold-antimony find at NSW project

Larvotto Resources

17/12/2024 04:43

** Shares of Larvotto Resources  LRV.AX  rise as much as
18.6% to A$0.51, logging their biggest intraday pct gain since
Nov. 29
    ** Mineral explorer reports high-grade gold and antimony
mineralisation from its Hillgrove project in New South Wales
    ** Says drilling result expected to improve current mineral
resources estimate
    ** Stock hits its highest level since Dec. 10
    ** More than 4.6 mln shares change hands vs the 30-day avg
volume of 4.3 mln shares
    ** Larvotto shares have risen nearly seven-fold in value
YTD, including current session's moves

 (Reporting by Nikita Maria Jino in Bengaluru)
 ((Nikita.Jino@thomsonreuters.com;))