Australia's Sky Metals rises on copper-tin discovery at NSW project

Sky Metals

22/09/2021 02:34

** Gold-copper-tin explorer Sky Metals  SKY.AX  rises as
much as 19.6% to A$0.110, its biggest intraday pct jump since
Oct 2020
    ** Says drilling activity at its Doradilla Tin-Polymetallic
project in New South Wales confirmed broad, high-grade
tin-copper mineralisation https://bit.ly/3AybVLo
    ** Copper prices hit a one-month low on Tuesday, hit by
fears of debt-laden China Evergrande's  3333.HK  troubles
affecting the global economy  MET/L 
    ** SKY hits highest since Aug 9
    ** About 584,000 shares change hands vs 30-day average of
166,400 shares
    ** SKY down 51.6% this year, as of last close

 (Reporting by Sameer Manekar in Bengaluru)
 ((Sameer.Manekar@thomsonreuters.com;))