Australia's QX Resources jumps on positive drilling results in US

Qx Resources

08/02/2024 01:01

** Shares of QX Resources  QXR.AX  rise as much as 22.2% to
A$0.022, set for best day since Nov. 8, 2023, if gains hold     
    ** Battery minerals developer says multiple brines horizons,
which are used in battery making, were intersected in Liberty
Lithium Brine Project in USA
    ** Numerous brine aquifers were intersected between 90m and
295m depth in drillhole 2 - co
    ** Stock hits highest level since Jan. 16     
    ** 6.9 mln shares change hands, compared with the 30-day
average volume of 907,611    
    ** Stock set for third straight day if gains, if trend holds
    ** QXR down 21.7% YTD as of last close

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))