Australia's Titomic gains on purchase orders from US aerospace and defence prime

Titomic

14/08/2024 03:07

** Shares of Titomic  TTT.AX  rise as much as 22.2% to
A$0.220, set to gain most since July 17, if current trend holds
    ** The metal additive manufacturer receives purchase orders
from U.S. aerospace and defence prime
    ** Co says orders are worth A$577,000 ($382,897.20)
    ** Stock hits its highest level since July 24
    ** About 11.1 mln shares change hands, compared with the
30-day average volume of 6 mln
    ** Stock up 318.6% YTD, as of last close

    ($1 = 1.5069 Australian dollars)

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