Toro Energy jumps on nickel find in Western Australia

Toro Energy

06/07/2022 02:37

** Shares of nickel and uranium exploration company Toro
Energy  TOE.AX  rise as much as 15.4% to A$0.015, their best
intraday session since June 27
    ** TOE says it has intersected its third discovery of nickel
sulphides at the Dustry Nickel project in Western Australia
 urn:newsml:reuters.com:*:nASX5lqmDh
    ** Diamond drilling ongoing at the project, says co
    ** Shares hit their highest levels since June 27
    ** More than 10.3 million shares change hands, compared with
the 30-day average volume of about 5.9 million shares 
    ** Stock has fallen about 41% this year as of last close

 (Reporting by Anan Ashraf in Bengaluru)
 ((Anan.Ashraf@thomsonreuters.com;))