Australia's Loyal Lithium jumps on Canada project drilling results

Loyal Metals

21/03/2024 24:15

** Shares of Loyal Lithium  LLI.AX  rise as much as 23.2% to
A$0.345, posting their biggest intraday percentage gain since
Jan. 3
    ** Stock hits its highest level since Jan. 18
    ** Lithium miner reports positive drilling results from its
Trieste Lithium Project in Canada
    ** Says drilling has found world-class lithium and tantalum
grades within multiple intercepts at project
    ** More than 2.1 mln shares change hands, compared with the
30-day average volume of about 280,900 
    ** Stock down 9.7% YTD, as of last close

 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))