BUZZ-Australia's Rarex climbs to over one-month high on gallium find
Reuters
Jun 24, 2025
BUZZ-Australia's Rarex climbs to over one-month high on gallium find
** Shares of Rarex Ltd REE.AX rise as much as 21.05% to A$0.023, their biggest intraday pct gain since May 9
** The critical minerals miner said drilling results at Cummins range confirm their estimates for Gallium at the Western Australia site in April
** Co says Cummins range is potentially Australia's highest grade and most advanced gallium deposit
** Stock touches its highest level since May 19
** Around 21.3 mln shares change hands, over 5x stock's 30-day avg of about 3.78 mln
** REE currently up 15.8%, bringing YTD gains to 144.4%
(Reporting by Shruti Agarwal in Bengaluru)
((Shruti.Agarwal@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.