Australia's Riedel Resources sees best day in 2 yrs on gold find in U.S. project

Riedel Resources

18/01/2023 03:20

** Shares of Riedel Resources Ltd  RIE.AX  rise as much as
100% to A$0.016, set for best day since Sept. 18, 2020
    ** Miner says drilling confirms shallow high-grade gold at
co's Kingman Gold Project, U.S.
    ** Shares hit highest since Dec. 9, 2021
    ** About 88.3 mln shares change hands compared to 30-day
average trading volume of 651,684 shares
    ** Shares down 11.1% YTD as of last close
 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))