Australia's QX jumps most in over 3 months on lithium find

Qx Resources

30/06/2022 02:58

** Shares of QX Resources  QXR.AX  rise as much as 29.6% to
A$0.035, set for best session since March 14
    ** The lithium explorer says https://www.asx.com.au/asxpdf/20220630/pdf/45bd5fzzt4kp26.pdf
 assay results at its Turner River Lithium project in Western
Australia have returned grades of up to 4.90% lithium oxide
    ** Co says the results at Turner River confirms its "belief
that QXR's Pilbara projects are highly prospective for lithium" 
  
    ** Stock hits highest level since June 9
    ** More than 12.5 mln shares have changed hands, compared
with the 30-day average of about 5 mln shares 
    ** As of last close, QXR stock up ~22.7% this year 


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