Australia's Armada Metals jumps on nickel and copper find in Zimbabwe

Rapid Critical Metals

12/12/2023 24:55

** Shares of Armada Metals  AMM.AX  rise as much as 9.7% to
A$0.034, set for best day since Nov 23, if gains hold
    ** The nickel and copper miner says high-grade nickel,
copper intersected from first two diamond drill holes at the
Bend nickel project in Zimbabwe
    ** Further results are expected for the remaining drill
holes, over the coming weeks - co
    ** Stock set to snap a five-session losing streak, if gains
hold
    ** AMM stock down 47.4% YTD, as of last close

    

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