Larvotto Resources Limited ( (AU:LRV) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Larvotto Resources Limited’s stock is on the rise following a key approval from the NSW Department of Planning, Housing and Infrastructure for Modification 6. This approval permits mining and processing at the Hillgrove Antimony-Gold Mine, paving the way for the company to progress in financing discussions and potentially start production by 2026. The approval also bolsters Larvotto’s development activities and long-term environmental strategies, strengthening its position in the mining sector.
More about Larvotto Resources Limited
YTD Price Performance: 14.00%
Average Trading Volume: 4,357,495
Technical Sentiment Signal: Hold
Current Market Cap: A$235M
For further insights into LRV stock on TipRanks’ Stock Analysis page.
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