Australia's Metro Mining rises on Q2 output, sales jump

Metro Mining

28/10/2022 05:57

** Shares of Metro Mining Ltd  MMI.AX  rise as much as 7.7%
to A$0.014, their biggest intraday pct gain since Sept. 29
    ** The Australia-based miner says Q3 production and sales up
about 25% on Q2  urn:newsml:reuters.com:*:nASXbBwL3Z
    ** Co projects 2022 shipments of 3.6 million WMT-3.7 million
WMT, and 5 mln WMT by 2023
    ** More than 18.3 mln shares change hands, vs the 30-day
average volume of 5.7 mln shares
    ** Stock has fallen 31.6% this year, as of last close
 (Reporting By Udbhav Krishna P in Bengaluru)
 ((UdbhavKrishna.P@Thomsonreuters.com))