Australia's Nimy Resources rises on nickel-copper sulphide find at WA project

Nimy Resources

25/10/2023 01:51

** Shares of Nimy Resources Ltd  NIM.AX  rise as much as
36.1% to A$0.245, set to gain most since June 8, if trend holds
    ** The nickel explorer says it intersected nickel-copper
sulphides at Mons Project in Western Australia
    ** Says result consistent with conductor plates it has
modelled using geophysics
    ** Stock hits highest level since Oct 10
    ** About 873,078 shares change hands, compared with the
30-day average volume of 252,321
    ** Stock down 28% YTD, as of last close

    

 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.GovindRao@thomsonreuters.com;))