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SMM — Somerset Minerals News Story

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Basic MaterialsHighly SpeculativeMicro CapValue Trap

Australia's Somerset Minerals climbs on copper find at Canadian site

** Shares of Somerset Minerals Ltd SMM.AX rise as much as 33.3% to A$0.016,  their biggest intraday pct gain since September 18

** Stock hits their highest level since November 5

**  Diversified miner finds thick high-grade copper at its Coppermine project in Canada

** About 16 mln shares traded, 3.5x the 30-day average

** YTD,  stock up 20.8%, including current session's move

(Reporting by Ananya Verma in Bengaluru)

((ananya.verma@thomsonreuters.com;))

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