Australia's Rubix Resources hits over 1-1/2-year high on deal to buy Africa-based projects
05/09/2025 01:57
** Shares of Rubix Resources RB6.AX rise as much as 21.4% to A$0.17, their highest level since November 10, 2023 ** The metals and gold explorer enters a deal to buy 100% interest in several exploration licenses in the Republic of Cameroon and the Republic of Congo ** Says the regions under consideration are prospective for Bauxite ** About 1.5 million shares change hands, 16.1 times their 30-dy average ** Stock has more than doubled this year, including the day's move (Reporting by John Biju in Bengaluru) ((John.Biju@thomsonreuters.com;))
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