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Mar 06 - 10:55 PM

Gold - Australia's Magnetic Resources Hits Five-Month High On Gold Find

By Manasi Dasa  —  Mar 06 - 09:16 PM

• Magnetic Resources NL jumps 13.2% to A$1.415, highest since September 20, 2024

• Mineral exploration co announces high-grade gold find at the LJN4 project in Western Australia

• Says drilling results reveal significant gold intersections, indicating further potential for promising results

• Stock set for biggest intraday pct gain since late November 2024, after three consecutive sessions of loss

• Around 292,106 shares traded, 3.3x the 30-day average

• MAU gains ~28% YTD

(Reporting by Manasi Dasa in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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