Australia's Taiton Resources gains on acqusition of land

Taiton Resources

07/11/2024 02:14

** Shares of Taiton Resources  T88.AX  rise as much as 3.1% to
A$0.165, set for their best intraday gain since Oct. 31
** Mineral explorer acquires land in New South Wales for
A$237,500 ($156,251.25)
    ** Co says acquired land comprises at least 19 known quartz
pipes
    ** Adds, quartz is used in industries for semiconductors,
optics, among others
    ** Stock is up 77% YTD as of 0206 GMT
     
     
    ($1 = 1.5200 Australian dollars)

(Reporting by Rajasik Mukherjee in Bengaluru)
((Rajasik.Mukherjee@thomsonreuters.com;))