Australia's Sarytogan Graphite jumps on graphite purification milestone

Sarytogan Graphite

05/03/2024 02:19

** Shares of Sarytogan Graphite  SGA.AX  rise as much as
23.7% to A$0.235, their highest since Dec 20, 2023      
    ** The mining explorer says graphite sample from its
Kazakhstan project, Sarytogan Five Nines Graphite, has assayed
at 99.9992% carbon purity
    ** Sarytogan Five Nines Graphite is more than 50 times purer
than battery specification - co
    ** Stock is set for best day since Feb 8, if gains hold    
    ** About 887,591 shares change hands, compared with the
30-day average volume of 149,533
    ** SAG stock down 5% YTD, as of last close
    

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))