Australia's Stavely Minerals eyes best day in nearly a yr on copper target find

Stavely Minerals

14/05/2024 04:46

** Shares of Stavely Minerals  SVY.AX  rise as much as 20%
to A$0.030, on track for their best day since May 25, 2023
    ** Mineral explorer hits highest level since April 23
    ** Co finds a shallow copper drill target at its Stavely
Copper-Gold project in Victoria
    ** Says drilling at the target to commence as soon as a rig
can be mobilized 
    ** About 1.2 mln shares change hands compared with 30-day
average trading volume of 359,133 shares 
    ** Stock down 44.4% YTD, as of last close 
   

 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))