Australia's Singular Health hits near 4-month high on TerraCentric JV

Singular Health

16/11/2021 05:23

** Shares of the medical technology co  SHG.AX  soar as much
as 14% to A$0.325, their highest since July 19
    ** Stock pares most gains to close 1.8% higher at A$0.29
    ** Co forms a 50/50 joint venture with TerraCentric Ltd to
pursue commercial opportunities for 3D and virtual reality
visualisation software for mineral exploration  urn:newsml:reuters.com:*:nASX15vFl
    ** Says the JV has been formed to commercialize GeoVR
technology that allows mineral exploration and production data
to be visualized in an interactive 3D environment  
    ** More than 1 mln shares changed hands vs the 30-day
average volume of 281,259 shares
    ** Stock is down 25% from its listing on Feb. 12

 (Reporting by Roushni Nair in Bangalore)
 ((Roushni.Nair@thomsonreuters.com))