Australia Armada Metals jumps on rhodium find at Zimbabwe project

Rapid Critical Metals

05/02/2024 03:08

** Shares of Armada Metals  AMM.AX  rise as much as 31.8% to
A$0.029, posting their biggest gain in a month
    ** Stock hits its highest level since Jan 16
    ** Minerals explorer reports positive drilling results from
its Bend Nickel Project in Zimbabwe
    ** Says it has found rhodium potential at project, adding to
the previously reported platinum and palladium
    ** Stock down 21.4% YTD as of last close



 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))