Australia's Prodigy Gold climbs on farm-in agreement with Newmont Corp unit

Prodigy Gold NL

30/11/2021 03:12

** Shares of Prodigy Gold NL  PRX.AX  rise as much as 8.6%
to A$0.038, their highest since Nov. 23
    ** Gold explorer signs a farm-in and joint venture agreement
with Newmont Exploration, a unit of U.S.-based Newmont Corp
 NEM.N   urn:newsml:reuters.com:*:nASX9hqsBz
    ** Deal to advance exploration at Monza project in the
Northern Territory - PRX
    ** Under the deal, Newmont can earn an initial 51% interest
in the project
    ** Stock posts its biggest intraday pct gain since Nov. 23
    ** About 791,000 shares change hands, thrice the 30-day avg
volume of nearly 256,300
    ** Stock down 23.9% this year, as of last close

 (Reporting by Yamini C S)
 ((Yamini.CS@thomsonreuters.com;))