Australia's Perpetual jumps most in 3 months on Brazil exploration progress

Perpetual Resources

01/12/2023 05:00

** Shares of Perpetual Resources Ltd  PEC.AX  rise as much as
33.3% to A$0.016, their biggest intraday pct gain since Aug. 9
    ** The mineral explorer says additional exploration program
commenced at Minas Gerais, Brazil 
    ** Adds assay results from the recent rock chip analysis are
expected in the next two weeks
    ** PEC set to end 33.3% higher this month, highest since
July

 (Reporting by Megha Rani in Bengaluru)
 ((Megha.Rani2@thomsonreuters.com;))