Australia's Megado Gold rises on finding gold at Ethiopia project

Megado Minerals

24/09/2021 06:28

** Shares of Megado Gold Ltd  MEG.AX  rise as much as 2.11%
to A$0.097, marking their biggest intraday pct gain since Sept.
16 
    ** Ethiopia-focused gold explorer confirms https://www.asx.com.au/asxpdf/20210924/pdf/450tsgh4ltzgww.pdf
 "encouraging" results from assays at Chakata project
    ** Stock hits its highest since Sept. 17
    ** More than 103,200 shares change hands, almost double the
30-day average volume in their busiest trading day since Sept.
13
    ** Stock has fallen 53.66% this year, as of last close

 (Reporting by Dhriti Garg in Bengaluru)
 ((dhriti.garg@thomsonreuters.com))