** Shares of Advance Metals AVM.AX climb 1.9% to A$0.053, and set for five consecutive sessions of gains, if current trend holds
** Stock hits its highest point since mid-December 2023
** The mineral explorer says it has secured firm commitments to raise A$1.52 million ($950,760) at A$0.044/share via placement for diamond drilling at the Myrtleford Project in Victoria
** Says initial drilling at the project to test area around the previous high-yield site, aiming to improve understanding of the mineral distribution and structural controls
** Over 6.2 mln shares traded vs 2.8x the 30 day avg
** Stock last month gained 20.6%
($1 = 1.5987 Australian dollars)
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com;))
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.