Australia's QMines jumps most in a month on positive drilling results

QMines

07/11/2022 24:23

** Shares of QMines Ltd  QML.AX  rise as much as 13.9% to
A$0.205, their biggest intraday pct gain since Oct 7
    ** Exploration and development co says results for the final
four drill holes have now been received, including 3 holes
drilled at Woods Shaft and one hole at Mt Chalmers Copper and
Gold Project  urn:newsml:reuters.com:*:nASXV0qZ6
    ** Co adds drilling results from the Woods Shaft prospect
delivered several broad intersections with exceptional copper
equivalent grades
    ** More than 371,000 shares change hands, vs the 30-day
average volume of 265,000 shares
    ** Stock has fallen 43.8% this year as of last close
 (Reporting by Udbhav Krishna P)
 ((UdbhavKrishna.P@thomsonreuters.com;))