Australia's Manuka Resources rises to months-high as project on 'fast-track' list

Manuka Resources

07/10/2024 05:03

** Shares of Manuka Resources  MKR.AX  rise as much as 16.3%
to A$0.050, their highest levels since late-May
    ** The mineral explorer says its unit's Taranaki VTM Project
in New Zealand has been put on the government's "fast-track"
list
    ** Co says the project will harvest iron sands containing
iron ore, among others
    ** Stock posts its biggest intraday pct gain Sept 20
    ** Over 3.8 mln shares change hands, 4.4x the 30-day avg
    ** MKR stock down 40.3% YTD, including current session's
moves

 (Reporting by Kumar Tanishk in Bengaluru)
 ((Tanishk.Kumar@thomsonreuters.com;))