Australia's Metal Bank gains on Saudi JV's license win

Metal Bank

06/11/2024 03:54

** Shares of Metal Bank  MBK.AX  rise as much as 13.8% to
A$0.019, their biggest intraday pct gain since Oct. 3
    ** Mineral explorer says its Saudi Arabian JV co
Consolidated Mining Company wins license for Wadi Al Junah
copper, zinc and gold project
    ** Stock hits its highest since Oct. 15
    ** MBK is down more than 28% YTD

 (Reporting by Rajasik Mukherjee in Bengaluru)
 ((Rajasik.Mukherjee@thomsonreuters.com;))