Australia's Pure Resources rises most in nearly a year on lithium find

Pure Resources

21/11/2023 04:17

** Shares of Pure Resources Ltd  PR1.AX  surge as much as
85.3% to A$0.315; log their biggest intraday pct gain since Nov.
30, 2022
    ** Stock hits highest level since Aug. 22
    ** The mineral explorer says 11.69% lithium in mica received
from LIBS analysis at the Järkvissle project in Sweden
    ** Co says three known spodumene pegmatite occurrences are
described a few hundred metres east of the perimeter boundary of
the license area
    ** More than 19.3 mln shares have changed hands, compared
with the 30-day average of about 47,000 shares
    ** Stock down 38.2% so far this year, as of last close
    


 (Reporting by Megha Rani in Bengaluru)
 ((Megha.Rani2@thomsonreuters.com))