Australia's Win Metals hits two-month high on gold mine acquisition

Win Metals

04/08/2025 02:14

** Shares of Win Metals WIN.AX rise as much as 20% to A$0.024, hitting their highest level since June 2

** Stock last up 15% at A$0.023, set for best day since April 17 - if current gains hold

** Lithium-nickel miner buys high-grade Radio Gold Mine in the Yilgarn region of Western Australia from Top Global Mining

** Consideration includes cash of A$500,000 ($323,200.00), among others

** Says acquisition involves portfolio of mining tenements, and range of mining and processing assets, among others

** About 1.3 mln shares change hands, 1.8x the 30-day avg trading volume of about 699,436

** Session lifts YTD gains to 27.8%

($1 = 1.5470 Australian dollars)

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))