Horseshoe Metals Limited (AU:HOR) has released an update.
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Horseshoe Metals Ltd has addressed a query from the ASX regarding recent increases in trading volume and price of its securities, stating they are unaware of any undisclosed information that could explain the activity. The company speculates that the surge may be linked to rising global copper prices and investor interest in their copper projects. Horseshoe Metals also confirmed compliance with ASX Listing Rules and ongoing early-stage offtake partnership discussions.
For further insights into AU:HOR stock, check out TipRanks’ Stock Analysis page.