Petratherm hits near decade-high on rare earth metals find

PTR Minerals

20/04/2022 04:22

** Shares of Petratherm  PTR.AX  more than double to A$0.19,
gaining the most since September 2012
    ** Copper and gold explorer set for best trading session
since April 2018, if gains hold 
    ** Explorer says drilling results from Comet Project Area in
South Australia have identified rare earth (REE) mineralised
clay intersections  urn:newsml:reuters.com:*:nASX8gcQ9H
    ** Analysis of REE shows recognition of anomalous light REE
(cerium and lanthanum) 
    ** 32.2 mln shares have changed hands, compared with the
30-day average of 234,136 shares 
    ** Stock is up 47.7% so far this year, as of last close 
    


 (Reporting by Navya Mittal in Bengaluru)
 ((navya.mittal@thomsonreuters.com))