Australia's Sky Metals soars to near 3-year high on rare earth find
25/01/2023 02:46
** Shares of Sky Metals Ltd SKY.AX more than doubled to
A$0.120, their biggest intraday pct gain since Feb 10, 2020
** The mineral explorer says significant rare earth element
mineralisation found at its Doradilla project in western New
South Wales
** Stock posts its highest since April 5
** SKY marks a three day winning streak
** More than 10.7 mln shares change hands, vs 30-day avg
volume of 872,000 shares
** Stock up 4.17% YTD, as of last close
(Reporting By Udbhav Krishna P in Bengaluru)
((UdbhavKrishna.P@Thomsonreuters.com))