Australia's Marmota hits 1-1/2-month high on titanium prospect
07/01/2025 24:44
** Shares of Marmota MEU.AX rise as much as 5% to A$0.042,
their highest levels since Nov 26, 2024
** The mineral explorer finds large-scale riverbed crossing
areas of high titanium concentration at Muckanippie and
Petratherm's similar find in South Australia
** Says newly identified ancient riverbed significantly
expands potential areas for titanium discovery on co's
Muckanippie and adjacent tenements
** Over 1.7 mln shares change hands, 2x the 30-day avg
** Stock dropped 9.3% in 2024
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com;))