Australia's Magmatic Resources hits near 6-month high on gold find at Australian project

Magmatic Resources

04/05/2021 02:22

** Shares of Magmatic Resources Ltd  MAG.AX   RIC  rise as
much as 20% to A$0.210, their highest since Nov. 10, 2020
    ** Gold explorer says drilling at its Wellington North
Project in Australia revealed strong aircore gold results
 urn:newsml:reuters.com:*:nASX1cZy07
    ** Stock posts its biggest intraday percentage gain since
April 19
    ** Over 2.2 mln shares change hands, compared with the
30-day average volume of ~1.6 mln
    ** Stock up 6.1% YTD as of last close

 (Reporting by Arundhati Dutta in Bengaluru)
 ((Arundhati.Dutta@thomsonreuters.com;))