Australia's Raiden Resources hits near 9-year high on lithium find

Raiden Resources

09/11/2023 02:36

** Shares of Raiden Resources  RDN.AX  rise as much as 30.8%
to A$0.051, their highest level since Dec 31, 2014
    ** Stock set for best day since Aug 24, if gains hold
    ** The energy and metals explorer says latest sampling
yields highest grade lithium result defined to date from Andover
South, Western Australia
    ** Assay results continue to indicate high potential for
significant and mineralised Lithium-Tantalum-Caesium pegmatites
- co
    ** About 152.0 mln shares change hands, compared with the
30-day average volume of 46.6 mln
    ** RDN stock on track for a third consecutive day of gains,
if trend holds
    ** Stock up 721% this year, as of last close

    

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