BUZZ-Australia's Meteoric Resources extends gains; Bell Potter cuts PT

Reuters

04-17

BUZZ-Australia's Meteoric Resources extends gains; Bell Potter cuts PT

** Meteoric Resources MEI.AX soars as much as 22.7% to A$0.135, highest since late July 2024

** Shares rose in the last two sessions after co identified high-grade rare earths in Brazil

** However, Bell Potter trims PT to A$0.17 from A$0.40 on adjustments to near-term neodymium and praseodymium outlook; ** retains "speculative buy"

** PT downgrade reflects adjustments to brokerage's capital funding adjustments for co's Caldeira project

** Stock rated "buy" on avg; median PT is A$0.36, per data compiled by LSEG

** YTD, MEI gains 58.8%

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))

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Bell Potter cuts PT</title></head><body><p>** Meteoric Resources <span>MEI.AX</span> soars as much as 22.7% to A$0.135, <span>highest since late July 2024</span></p><p>** Shares rose in the last two sessions after co <span>identified</span> high-grade rare earths in Brazil</p><p>** However, Bell Potter trims PT to A$0.17 from A$0.40 on adjustments to near-term neodymium and praseodymium outlook; ** retains \"speculative buy\"</p><p>** PT downgrade reflects adjustments to brokerage's capital funding adjustments for co's Caldeira project</p><p>** Stock rated \"buy\" on avg; median PT is A$0.36, per data compiled by LSEG</p><p>** YTD, MEI gains 58.8%</p><p> (Reporting by Nichiket Sunil in Bengaluru)</p><p> ((Nichiket.Sunil@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7095","symbol_name":"多种金属与采矿","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250417:nL6N3QV059:1","article_id":"2528380397","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2528380397","pubTimestamp":1744857050,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Australia's Meteoric Resources extends gains; 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