Australia's Perpetual Resources rises after Brazilian soil sampling results

Perpetual Resources

18/03/2024 24:57

** Shares of Australia's Perpetual Resources  PEC.AX  rise
as much as 14.3% to A$0.008, their biggest intraday pct gain
since March 7
    ** The mineral explorer posts outcomes of latest soil
sampling campaign at Itinga prospect in Lithium valley region in
Minas Gerais, Brazil
    ** "Anomalous lithium soil sampling results continue to be
received at Itinga prospect," PEC says
    ** Nearly 1.3 mln shares change hands, vs 30-day average
volume of 1.7 mln shares
    ** Stock down 30% YTD, as of last close

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