Pearl Gull Iron sees best day in 2 months on MoU for Western Australia project

Pearl Gull Iron

12/01/2022 04:00

** Shares of Pearl Gull Iron Ltd  PLG.AX  jump as much as
9.3% to A$0.082, posting their biggest intraday pct gain since
Nov. 11, 2021
    ** Mineral explorer says signs memorandum of understanding
(MoU) with ore transshipment co Transhipment Services Australia
Pty Ltd  urn:newsml:reuters.com:*:nASX5gnPNB
    ** MoU to develop ore exporting facilities for its Cockatoo
Island Project in Western Australia
    ** Stock hits highest level since Dec. 1, 2021
    ** Stock sees busiest day since Nov. 11, 2021, with more
than 359,000 shares changing hands, compared with the 30-day
average volume of about 96,000 shares 
    ** Stock has fallen 3.9% this year, as of last close

 (Reporting by Jaskiran Singh in Bengaluru)
 ((Jaskiran.Singh@thomsonreuters.com;))