BUZZ-Australia's Lord Resources jumps most since March on project acquisition

Reuters
2024-11-06

** Lord Resources leaps as much as ~42% to A$0.044; biggest intraday pct gain since March 20

** Mineral explorer's unit enters into an earn-in agreement to buy up to 80% interest in Western Australia's Ilgarari Copper Project

** Says the project has high-grade copper mineralisations and the acquisition is a cost-effective entry into it

** Stock hits its highest level since June 21

** Over 2.3 mln shares traded, 19.2x the 30-day avg, in stock's busiest session since mid-March

** LRD down ~35% YTD

(Reporting by Kumar Tanishk in Bengaluru)

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

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