Australia's Moab Minerals hits over 10-month high on recommencing trading on ASX

Moab Minerals

21/09/2022 02:28

** Shares of Moab Minerals  MOM.AX  surged up to 81.8% to
A$0.02, hitting its highest since Nov. 10, 2021
    ** The uranium-vanadium exploration investment co says it
has recommenced its trading on the ASX 200  .AXJO  (https://bit.ly/3UtrZsa)
    ** MOM, formerly known as Delecta Ltd, had suspended trading
on Feb. 14 on pending announcement about a material acquisition
(https://bit.ly/3DHYOvI)
 
    ** Stock posts its biggest intra-day percentage gain since
September 2021
    ** Nearly 7 mln shares have changed hands, compared with the
30-day average of 5.9 mln shares 
    ** MOM is up 10% this year as of last close 
    


 (Reporting by Navya Mittal in Bengaluru)
 ((navya.mittal@thomsonreuters.com))