BUZZ-Australia's Equinox Resources gains on MoU with US and Singapore firms

Reuters
22 Apr
BUZZ-Australia's Equinox Resources gains on MoU with US and Singapore firms

** Shares of Equinox Resources EQN.AX rise 3.2% to A$0.096, their highest level since April 4

** Mineral explorer enters into non-binding memorandum of understanding (MoU) with Alaska Antimony Corporation, a U.S.-based downstream processor, and SB51, a Singapore-based global antimony trading firm

** Says MoU is to explore offtake processing and commercialization pathways for co's high-grade Alturas Antimony Project in Canada

** Earlier, stock rose as much as 18.3% to A$0.110 - its highest level since March 27

** About 529,472 shares traded in stock's busiest session since March 27

** Stock down 8.6% YTD, including current session's moves

(Reporting by Manasi Dasa in Bengaluru)

((Manasi.DasaSundeep@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