Australia's Predictive Discovery hits 8-year high on gold find

Predictive Discovery

13/01/2022 02:49

** Miner's shares  PDI.AX  rise as much as 9.3% to A$0.295,
highest since April 10, 2013
    ** Stock posts biggest intraday pct gain since Dec. 8
    ** Company says https://www.asx.com.au/asxpdf/20220113/pdf/454yshh995830d.pdf
 drilling results confirm broad zones of gold mineralisation at
its Bankan gold project in Guinea
    ** Stock also gets some support from gold prices, which held
near a one-week high hit earlier in the session  GOL/ 
    ** More than 7 mln shares change hands vs 30-day avg of ~2.6
mln shares
    ** Company's shares up ~5.9% so far this year, as of last
close

 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))