Australia's Tyranna Resources jumps most in 6 months on positive drilling results

Tyranna Resources

16/11/2023 02:17

** Shares of Tyranna Resources  TYX.AX  rise as much as 25%
to A$0.020, their biggest intraday pct gain since May 4
    ** Stock at highest level since Nov 6
    ** The resources explorer says multiple intersections of
spodumene-bearing pegmatite achieved at Muvero prospect in
Africa
    ** Drilling at Muvero will be increased from 6,000m to
8,000m or more and continue through 2024 - co
    ** About 17.5 mln shares change hands, compared with the
30-day average volume of 2.9 mln 
    ** Tyranna stock down 33.3% YTD, as of last close
    

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))