Australia's Parabellum Resources surges on finding nickel-cobalt in NSW prospects

Parabellum Resources

20/03/2024 01:01

** Shares of Australia's Parabellum Resources  PBL.AX  rise
as much as 29.6% to A$0.07, marking their biggest intraday pct
gain since Jan. 13
    ** Stock hits its highest level since March 5
    ** Mineral explorer says drilling results show continuity of
shallow & high-grade nickel-cobalt mineralisation at Miandetta
and Redlands prospects in New South Wales
    ** Stock down 22.9% YTD, as of last close

 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com))