Australia's Red Mountain Mining hits nine-week high on gold find at Canada site

Red Mountain Mining

08/09/2025 06:35

** Shares of Australia's Red Mountain Mining RMX.AX rise 25% to A$0.01, their highest level since July 7

** The diversified miner finds high-grade gold at the Fry Lake copper-gold project in Ontario, Canada

** Around 18.9 million shares change hands, 8.8x the 30-day avg trading volume of about 2.2 million

** YTD, stock up 11.1%

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))