Australia's Noble Helium jumps most in 5 weeks on exploration contract win

Noble Helium

20/06/2022 02:28

** Shares of the helium-focused miner  NHE.AX  jump as much as
12.5% to A$0.180, on track for their biggest intra-day pct jump
since May 16 
    ** Co executes and negotiates a 3D seismic contract with
transition zone advisor co BGP Tanzania for NHE's upcoming North
Rukwa 3D seismic survey  urn:newsml:reuters.com:*:nASX4v6P0v
    ** Adds the survey will help co add value to its exploration
program at North Rukwa and North Nyasa basins 
    ** Shares hit their highest level since June 10 
    ** Stock down 59.5% this year as of last close, compared
with a 12.8% drop in the benchmark S&P/ASX 200 index  .AXJO  


 (Reporting by Roushni Nair in Bengaluru)
 ((Roushni.Nair@thomsonreuters.com;))