BUZZ-Australia's European Metals soars on strategic deposit status for project

Reuters
07 Mar
BUZZ-Australia's European Metals soars on strategic deposit status for project

** Shares of European Metals Holdings EMH.AX rise 18.2% to A$0.13

** Stock rose as much as 27.3% in early trade, its largest intraday gain since mid December

** Mineral explorer says its Cinovec battery metals project in Czech Republic receives 'strategic deposit' designation from the Czech government

** Says designation paves way for expedited approval process for permits and priority environmental impact assessment review, among others

** More than 204,000 shares change hands, 2.6 times the 30-day avg

** Stock down 21.2% YTD, including current session's moves

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10