** Shares of rare earths explorer Lanthanein Resources
soar as much as 100% to A$0.012, their biggest intraday jump since mid-January 2021
** LNR at its highest level since Sept. 11
** Says entered farm-in agreement to earn up to 70% stake in Lady Grey lithium-tantalum project in Western Australia
** Adds it plans to undertake project-wide evaluation of lithium hosting pegmatite potential in 1QCY24
** More than 35.4 mln shares change hands, vs the 30-day average of 2.4 mln shares
** LNR down 71.4% this year as of last close
(Reporting by Sameer Manekar in Bengaluru)
((Sameer.Manekar@thomsonreuters.com; Twitter: ))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments