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BUZZ-Australia's Astute Metals soars on lithium find at Nevada project

ReutersJan 20, 2025 3:43 AM

** Shares of Astute Metals ASE.AX surge 66.7% to A$0.04, highest since early Aug 2024

** Stock rose as much as 79.2% earlier in the day, marking its biggest intraday gain since July 2024

** Miner finds thick lithium mineralization at Red Mountain lithium project in Nevada

** 612,146 shares traded on the day, nearly 3x the 30-day avg

** Stock fell 27.4% in 2024

(Reporting by Manasi Dasa Sundeep in Bengaluru)

((Manasi.DasaSundeep@thomsonreuters.com;))

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