Australia's Nimy Resources gains most in over 3 weeks on gallium find at WA project

Nimy Resources

16/06/2025 04:18

** Australia's Nimy Resources NIM.AX rises as much as 15.4% to A$0.105, its biggest intraday pct gain since May 15

** Stock at its highest level since May 21

** The critical minerals explorer says results from phase-2 drilling programme reveal high-grade gallium in its Mons project in Western Australia (WA)

** Around 4.8 mln shares changed hands, nearly 3x its 30-day average of about 1.7 mln shares

** Stock up 40% this year, including session's gains

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com;))