Magmatic Resources jumps on recommencing exploration at SE Australia project

Magmatic Resources

19/03/2024 24:00

** Shares of Magmatic Resources  MAG.AX  rise as much as
33.3% to A$0.088, biggest intraday gain since March 11
    ** Mineral explorer says gold-copper exploration to
recommence at Wellington North project, in New South Wales,
Southeast Australia (SE)
    ** Around 463,148 shares change hands as of 2354 GMT, vs
30-day average volume of 1.1 mln shares
    ** Stock up 34.7% YTD as of last close

 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com))