** Shares of Askari Metals AS2.AX rise as much as 87.5% to A$0.015, their highest level since February 11

** Stock last up 62.5% at A$0.013

** Diversified miner finds high-grade copper mineralisation at the Katta target in Nejo gold project in Ethiopia

** About 32.7 mln shares change hands, 18.8x the 30-day avg

** YTD, shares up 8.3%, including day's move

(Reporting by Ananya Verma in Bengaluru)

((Ananya.Verma@thomsonreuters.com))