Australia's Alicanto Minerals hits over 7-month high on mineral find in Sweden

Sinclair Gold

22/10/2024 04:32

** Shares of Alicanto Minerals  AQI.AX  rise as much as
~27%to A$0.033, their highest since March 5
    ** Stock posts its biggest intraday pct gain since Sept. 18
    ** Mineral explorer says it has identified multiple copper,
gold and silver targets at Falun Copper-Gold Project and Sala
Silver Project in Sweden
    ** Says it is in talks with potential partners for exploring
the Falun Project and is evaluating project acquisitions
    ** 4.7 mln shares change hands, 11.5x the 30-day avg
    ** Including current session, stock down 3% YTD

 (Reporting by Kumar Tanishk in Bengaluru)
 ((Tanishk.Kumar@thomsonreuters.com;))