Australia's Oceana Lithium sees best day in nearly 2 months on onshore uranium prospects

Oceana Metals

15/05/2024 04:31

** Shares of Oceana Lithium  OCN.AX  rise as much as 14.9%
to A$ 0.054, hitting their highest level since May 7
    ** Stock currently up 12.8%, on track for best day since
Feb. 27, if gains hold
    ** Specialty miner says historical exploration results from
onshore project in Australia have enhanced uranium prospects
    ** Co sees firming up of targets for drilling as soon as
practicable
    ** Around 154,898 shares change hands, compared with the
30-day average volume of 90,575 shares
    ** Stock has fallen 60.8% this year, as of last close

 (Reporting by Shivangi Lahiri in Bengaluru)
 ((shivangi.lahiri@thomsonreuters.com))