Australia's Venus Metals Corp climbs on spotting targets at rare earth project

Venus Metals

05/09/2022 04:54

** Shares of mineral explorer Venus Metals Corporation
 VMC.AX  climb as much as 9.4% to A$0.175, their highest since
Aug. 23
    ** Shares mark their biggest intraday gain pct since June 27
    ** Co identifies multiple priority targets at its Mangaroon
North Rare Earth Project in Western Australia  urn:newsml:reuters.com:*:nASX29qNh3
    ** Volumes 10.5x the 30-day average of 45,059 shares
    ** As of last close, stock down 8.6% this year

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))