Australia's Lycopodium hits 8-mth high on winning contract for gold project

Lycopodium

22/12/2023 03:28

** Shares of Australia's Lycopodium  LYL.AX  rise as much as
1.8% to A$11.27, their highest since April 17
        ** Construction services provider 
    says
     it has been awarded A$100 mln ($67.82 mln) contract for FG
Gold's Baomahun Gold project in West Africa
  
    ** Stock has risen 61.6% this year, as of last close

($1 = 1.4745 Australian dollars)

 (Reporting by Megha Rani in Bengaluru)
 ((Megha.Rani2@thomsonreuters.com;))