Australia's Riversgold rises most in over 1-1/2 years on acquiring land

Riversgold

24/11/2023 03:32

** Shares of Riversgold Ltd  RGL.AX  rise as much as 63.6%
to A$0.018, post biggest intraday pct gain since March 23, 2022
    ** Stock hits highest since May 26
    ** The lithium explorer says it has acquired new lithium
tenement in Western Australia 
    ** Adds, new tenement covers key lithium pegmatite corridor
only 8 km northeast of Azure Minerals’ Andover lithium discovery
    ** Stock is up about 30.4% this week, set to mark best
weekly performance since early May 
    ** About 48.4 mln shares change hands, compared with the
30-day average volume of 1.7 mln 
    ** Stock has fallen 63.3% this year

 (Reporting by Neha Soni in Bengaluru)
 ((Neha.Soni@thomsonreuters.com;))