Victory Metals at 2-week high on positive drilling results in W.Australia

Victory Metals

05/12/2023 02:45

** Shares of Victory Metals  VTM.AX  rise as much as 6.4% to
A$0.25, their highest level since Nov. 21
    ** Stock posts its biggest intraday pct gain since Nov. 24
    ** Exploration co says  wide intersections and rare earth
oxide grades drilling results found from its North Stanmore Rare
Earth Element Project in West Australia
    ** Adds result includes heavy rare earth oxide ratio of 34% 
    ** About 225,746 shares change hands, compared with the
30-day average volume of 159,392 shares
    ** Stock up 6.8% YTD as of last close

 (Reporting by Megha Rani in Bengaluru)
 ((Megha.Rani2@thomsonreuters.com;))