BUZZ-Australia's Connected Minerals gains on high-grade uranium find at Namibia project

Reuters
02-05
BUZZ-Australia's Connected Minerals gains on high-grade uranium find at Namibia project

** Shares of Connected Minerals up 7.5% at A$0.215

** Stock rises as much as 15% to A$0.230 earlier in the day, posting its biggest intraday pct gain since late-June 2024

** Stock hits the highest level since Dec. 30

** Mineral explorer says it has found high-grade uranium mineralisation at the Ondapanda prospect in the Etango North-East project in Namibia

** Stock was on trading halt on Feb. 3 and 4, pending the announcement of exploration results

** More than 258,500 shares change hands, 3.7 times the 30-day average of 69,645

** Stock has risen 7.5% YTD, including current session's moves

(Reporting by Manasi Dasa Sundeep in Bengaluru)

((Manasi.DasaSundeep@thomsonreuters.com;))

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