Australia's Astute Metals rises on favourable offshore lithium finds

Venari Minerals NL

08/07/2024 03:51

** Shares of Astute Metals NL  ASE.AX  rise as much as 11.1%
to A$0.030, hitting their highest level since July 1
    ** Stock set for best day since June 19 if current gains
hold
    ** Diversified explorer says rock chip assays for offshore
project in U.S. returned high-grade lithium mineralisation
results
    ** Adds results suggest large lithium discovery at offshore
project
    ** Around 388,088 shares change hands, compared with 30-day
average volume of 320,836 shares
    ** Stock down 32.5% this year, as of last close

 (Reporting by Shivangi Lahiri in Bengaluru)
 ((shivangi.lahiri@thomsonreuters.com))