Australia's Lithium Energy hits 5-week high on lithium finds in Argentina

LE Minerals

19/10/2022 03:54

** Shares of battery metals explorer Lithium Energy Ltd
 LEL.AX  soar as much as 26.8% to A$1.420, their highest since
Sept 15
    ** Co says its first drilling programme at the Solaroz
lithium brine project in Argentina has confirmed major assays of
lithium discoveries  urn:newsml:reuters.com:*:nGLF8BgCRX
    ** Shares mark their biggest intraday pct gain since Oct 5 
    ** More than 3.4 mln shares change hands, compared with the
30-day average volume of 788,013 shares  
    ** Stock up 20.4% this year, as of last close, vs an 8.9%
drop in benchmark S&P/ASX 200 index  .AXJO  
 (Reporting by Roushni Nair in Bengaluru)
 ((Roushni.Nair@thomsonreuters.com;))