Australia's Middle Island Resources jumps on starting drilling at NT project

Middle Island Resources

12/07/2024 03:58

** Shares of Australia's Middle Island Resources  MDI.AX  
rise as much as 21.4% to A$0.017, marking their biggest intraday
pct gain since mid-May 2023
    ** Stock on track to record its best week since mid-July
2023, up 30.8% so far
    ** Stock hits its highest level since May 30
    ** Mineral explorer says drilling has commenced at Barkly
Copper-Gold Super Project in Northern Territory (NT)
    ** Nearly 815,200 shares change hands by 0246 GMT, vs 30-day
average volume of 328,299 shares
    ** Stock down 12.5% YTD, as of last close

 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com))