Australia's Poseidon Nickel soars on nickel-copper find in WA

Poseidon Nickel

22/11/2021 04:20

** Shares of Poseidon Nickel Ltd  POS.AX  rise as much as
22.3% to A$0.115, marking their biggest intraday pct gain since
July 26
    ** Nickel explorer said drilling at its Tundra-Mute zone of
Silver Swan Channel in Western Australia intersected massive
nickel-copper sulphides  urn:newsml:reuters.com:*:nASXbb62RT
    ** Stock hits highest since Oct. 20
    ** Over 22.8 mln shares change hands, vs 30-day average
volume of ~9.4 mln
    ** Stock up 44.6% YTD, as of last close

 (Reporting by Arundhati Dutta in Bengaluru)
 ((Arundhati.Dutta@thomsonreuters.com;))