BUZZ-Australia's Marmota at 11-month high after high titanium mineralisation find

Reuters

2025/01/14

** Shares of Marmota MEU.AX rise as much as 17% to A$0.055, their highest levels since Feb 8, 2024

** Stock posts its biggest intraday pct gain since Oct 21, 2024

** The mineral explorer says assays found high heavy mineral concentrate percentages for titanium mineralisation at Muckanippie in South Australia

** About 7.5 mln shares change hands, 6.3 times the 30-day average volume of 1.2 mln shares

** Marmota stock lost 9.3% in 2024

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((Jasmeenaraislam.shaikh@thomsonreuters.com))

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