Australia's Midas Minerals jumps on pegmatite find in Canada

Midas Minerals

12/12/2023 01:09

** Shares of Midas Minerals  MM1.AX  rise as much as 34.8%
to A$0.155, set for best day since April 1, 2022, if gains hold 
   
    ** Mineral explorer says pegmatite discovery returns up to
7.25% lithium oxide at the Reid-Aylmer lithium Project, Canada
    ** Numerous pegmatite targets yet to be inspected over
157km2 project area - co
    ** Stock at highest level since Nov. 21
    ** 487,881 shares change hands, compared with the 30-day
average volume of 88,877 
    ** Stock down 42.5% YTD as of last close

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))