BUZZ-Australia's Adelong Gold hits near 8-month high on Victoria gold project buy

Shares of Adelong Gold ADG.AX rise as much as 63.6% to A$0.009, their highest level since June 19

Stock posts its biggest single-day since January 17, 2023; last up 45.5%

Gold explorer enters deal to buy a high grade gold project in Victoria from a unit of Canada's Great Pacific Gold CorpGPAC.V

Deal valued at A$700,000 ($439,670.00)

About 55.1 mln shares change hands, vs the 30-day average of nearly 937,000

Stock up 60% this year, including the day's move

($1 = 1.5921 Australian dollars)