Australia's Firetail Resources soars on securing option to buy US gold projects

Mammoth Minerals

02/06/2025 04:20

** Firetail Resources FTL.AX soars as much as 33.3% to A$0.080, highest since January 14

** Stock posts biggest intraday pct gain since June 6, 2024

** Copper explorer secures option to buy two high-grade gold projects in the U.S.

** About 3.7 million shares change hands vs the 30-day avg of ~190,000

** FTL last up 28.3%, trimming YTD losses to 2.5%

 (Reporting by Aaditya Govind Rao in Bengaluru)

 ((Aaditya.govindrao@thomsonreuters.com;))