Australia's Mount Ridley Mines hits 3-year high on appointing new CEO

Mount Ridley Mines

03/11/2025 01:18

** Mount Ridley Mines MRD.AX surges as much as 78.1% to A$0.054, highest since October 12, 2022

** Rare earths explorer appoints Allister Caird as CEO

** Caird previously served as head of critical minerals at copper and gold explorer Locksley Resources LKY.AX

** Around 86.9 million shares traded, 6.4x the 30-day avg

** MRD last up 75%, surging ~2,033% YTD

 (Reporting by John Biju in Bengaluru)

 ((John.Biju@thomsonreuters.com;))