BUZZ-Australia's Sarytogan Graphite rises to 2-1/2-month high on strategic project status from EU

Reuters
06-05
BUZZ-Australia's Sarytogan Graphite rises to 2-1/2-month high on strategic project status from EU

** Shares of Sarytogan Graphite SGA.AX rise 19.6% to A$0.051, their highest levels since March 21

** Stock set for its strongest session since February 10, if current trends hold

** The graphite explorer says its flagship Sarytogan Graphite Deposit attains strategic project status European Union's $(EU)$Critical Raw Materials Act

** About 395,448 shares change hands, 2x the 30-day average of 193,401 shares

** Stock down 16.7% YTD, including current session's moves

(Reporting by Manasi Dasa in Bengaluru)

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

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