Australia's Matsa Resources drops on swinging to loss

Matsa Resources

15/03/2024 03:39

** Shares of Matsa Resources  MAT.AX  fall as much as 3.5%
to A$0.028, their biggest intraday pct loss since March 6
    ** Gold miner's stock at its lowest since March 8
    ** Co posts HY loss of A$3.1 mln (~$2 mln) vs yr-ago profit
of A$1.5 mln
    ** Stock up 11.5% YTD, as of last close
 
 
 ($1 = 1.5249 Australian dollars)

 (Reporting by Neha Soni in Bengaluru)
 ((Neha.Soni@thomsonreuters.com))