Australia's Minbos Resources soars on $6.7 mln construction deal

Minbos Resources

04/12/2024 23:55

** Minbos Resources  MNB.AX  rises as much as 11.1% to
A$0.080, highest since April 15
    ** Mineral explorer signs civil construction contract for
Cabinda Phosphate Fertilizer Plant in Central Africa
    ** Total value of contract is $6.7 mln
    ** More than 1.45 mln shares traded, ~1x the 30-day avg
    ** MNB down 18% YTD

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