Australia's Peel Mining hits nearly 6-month high on copper find in NSW

Peel Mining

11/04/2022 06:05

** Shares of Peel Mining  PEX.AX  rise as much as 19.1% to
A$0.25, hitting their highest since Oct. 28 
    ** Stock eyes best day since Feb. 23, if gains hold
    ** Base metals explorer says diamond drilling at Mallee Bull
prospect in New South Whales confirmed copper mineralisation 
 urn:newsml:reuters.com:*:nASX5Kn0Mp
    ** 3.4 mln shares change hands, compared with the 30-day
average of 640,122 shares 
    ** Stock down 6.7% this year, as of last close 

 (Reporting by Navya Mittal in Bengaluru)
 ((navya.mittal@thomsonreuters.com))