Australia's Marmota rises on potential uranium find in Bridget Prospect project
05/02/2024 02:42
** Shares of Marmota MEU.AX rise as much as 15.2% to
A$0.053, their highest level since Dec 6, 2023
** Shares gain for a third consecutive session
** The mineral explorer says Bridget Prospect project shows
enormous potential to host a large uranium resource
** Bridget Prospect is located north of co's Saffron Uranium
resource area at Junction Dam, South Australia
** About 9.8 mln shares change hands, 8.7 times the 30-day
average volume of shares
** Stock has risen ~7% this year, as of last close
(Reporting by Sherin Sunny in Bengaluru)
((Sherin.Sunny@thomsonreuters.com))