BUZZ-Australia's Cufe hits 1-year peak on high-grade iron ore find

Reuters
Jul 30, 2025
BUZZ-Australia's Cufe hits 1-year peak on high-grade iron ore find

** Shares of Cufe Ltd CUF.AX rise as much as 20% to A$0.012, their highest level since July 29, 2024

** Diversified miner finds iron ore levels exceeding 60% during a review of rock-chip samples from its onshore project in the Northern Territory

** Co identifies further drilling targets at the site with high potential of iron ore

** About 8.8 mln shares change hands, 6.5x the 30-day avg trading volume of about 1.4 mln

** Session lifts YTD gains to 20%

(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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10