BUZZ-Australia's Olympio Metals rallies on gold find at Canada project

Reuters
Jan 20
BUZZ-Australia's Olympio Metals rallies on gold find at Canada project

** Shares of Olympio Metals OLY.AX rise as much as 124.1% to A$0.13, its highest since Aug. 15, 2025

** Stock posts biggest intraday pct gain since May 24, 2022

** Diversified miner says it has received "highly successful" results from its drilling program at the Bousquet gold project in Quebec, Canada

** Adds project provides co with exposure to a quality gold project in a "renowned" mining area that still has significant regional upside, with around 80% of project area remaining unexplored

** More than 42 million shares change hands, 125.5 times the 30-day average

** Stock rose 20.5% in 2025

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

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