Australia's Loyal Metals jumps most in nearly two years on mine purchase

Loyal Metals

02/07/2025 03:53

** Shares of  Loyal Metals LLM.AX rise as much as 84.6% to A$0.240, their biggest intraday pct gain since August 3, 2023

** Shares hit highest level since June 3, 2024

** The miner secures option to buy the Highway Reward Copper Gold Mine in Australia's Queensland

** Co on July 1, entered into share sale agreement to buy all shares of Highway Copper Gold Pty via share issue and royalty

** YTD, shares of co up 118.2% YTD

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))