Australia's LinQ Minerals slips to two-week low

LinQ Minerals

30/01/2026 03:35

** Shares of Australia's LinQ Minerals LNQ.AX fall as much as 12.5% to A$0.49, their lowest level since January 16

** Stock marks their biggest intraday pct fall since January 20

** LNQ stock on track to record their worst week, if current trend holds, having lost 24% so far this week

** The gold-copper explorer and developer announced discounted placement of A$15.4 million ($10.78 million) on Tuesday

** Near 1.8 million shares change hands, 1.4x the 30-day average volume

** Stock up 157.9% so far this year, including session's moves

($1 = 1.4284 Australian dollars)

(Reporting by Roshan Thomas in Bengaluru)

((Roshan.Thomas@thomsonreuters.com;))