Metal Hawk hits 2-1/2-mnth low on falling nickel prices, Omicron strain concerns
28/11/2021 23:44
** Shares of Metal Hawk Ltd MHK.AX falls as much as
16.4%to A$0.255, their lowest since Sept 9
** Miner confirms https://www.asx.com.au/asxpdf/20211129/pdf/453j7786mybk2r.pdf
nickel sulphide finds at its Berehaven Nickel Project in
Western Australia
** However, nickel prices fell 3.7% to $19,895 on Friday
(MET/L)
** Australian miners .AXMM fell as much as 2.4% as Omicron
coronavirus variant cases were confirmed in New South Wales
urn:newsml:reuters.com:*:nL4N2SJ07X
** Stock posts its biggest intraday pct fall since Nov 12;
997,057 shares change hands, 2.2x the 30-day average volume of
455,406
** Stock has risen 32.6% YTD as of last close
(Reporting by Aneetta Thomas in Bengaluru)
((Aneetta.Thomas@thomsonreuters.com;))