Australia's Uvre rises to over 1-year high on securing offshore lithium project

Minerals Exploration

16/11/2023 01:08

** Shares of Uvre  UVA.AX  rise as much as 16.7% to A$0.175,
their highest level since Sept 26, 2022
    ** Stock set for best day since Nov 9, if gains hold 
    ** The mineral explorer secures offshore hard rock lithium
project in the United States
    ** Co says direct land staking completed at project, which
enables access to area with no previous exploration
    ** About 662,500 shares change hands, 8.9x the 30-day
average volume
    ** Uvre stock up 15.4% this year, as of last close

 (Reporting by Shivangi Lahiri in Bengaluru)
 ((Shivangi.Lahiri@thomsonreuters.com;))