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Cazaly Resources Limited ( (AU:CAZ) ) has issued an update.
Cazaly Resources Limited has addressed a price query from ASX regarding a significant increase in its share price and trading volume. The company attributes this activity to the rising prices of gold and silver, as well as recent developments in the rare earth sector. Additionally, an independent market research report based on publicly available information may have contributed to the trading surge. Cazaly confirms compliance with ASX Listing Rules and asserts that all responses were authorized under its continuous disclosure policy.
More about Cazaly Resources Limited
Cazaly Resources Limited operates in the mining industry, focusing on gold and rare earth projects. The company is involved in the exploration and development of mineral resources, with a market focus on leveraging the strength of gold and rare earth prices.
Average Trading Volume: 700,208
Technical Sentiment Signal: Buy
Current Market Cap: A$14.96M
See more insights into CAZ stock on TipRanks’ Stock Analysis page.