BUZZ-Australia's Alicanto Minerals hits over 7-month high on mineral find in Sweden

Reuters

2024/10/22

** Shares of Alicanto Minerals rise as much as ~27%to A$0.033, their highest since March 5

** Stock posts its biggest intraday pct gain since Sept. 18

** Mineral explorer says it has identified multiple copper, gold and silver targets at Falun Copper-Gold Project and Sala Silver Project in Sweden

** Says it is in talks with potential partners for exploring the Falun Project and is evaluating project acquisitions

** 4.7 mln shares change hands, 11.5x the 30-day avg

** Including current session, stock down 3% YTD

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com;))

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