Australia's Nimy Resources hits near 4-month high on nickel-copper sulphide find

Nimy Resources

03/10/2023 03:09

** Shares of Nimy Resources  NIM.AX  rise as much as 34.2%
to A$0.255
    ** Stock set to gain most since June 8, if trend holds
    ** Nickel miner says it identified significant nickel-copper
sulphides at it's first drilling hole at maximum
likelihood-expectation maximization (MLEM) conductive plates in
Mons Project, WA
    ** Samples have been delivered to Perth for expedited
assaying - co
    ** Stock at highest level since June 28
    ** 1.2 mln shares change hands, compared with 30-day average
volume of 107,846 
    ** Stock down 24% YTD, as of last close

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