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Leeuwin Metals Responds to ASX Price Query Amid Market Activity

Story Highlights
  • Leeuwin Metals Ltd attributes recent trading activity to rising gold prices and a third-party report.
  • The company confirms compliance with ASX rules and attributes share price rebound to market conditions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Leeuwin Metals Responds to ASX Price Query Amid Market Activity

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Leeuwin Metals Ltd ( (AU:LM1) ) has provided an announcement.

Leeuwin Metals Ltd has responded to a price query from the ASX following a significant increase in its share price and trading volume. The company attributes this activity to a rise in gold prices, a recent third-party research report, and a return to previous trading levels after a period of reduced liquidity. Leeuwin Metals confirms its compliance with ASX listing rules and continuous disclosure obligations.

More about Leeuwin Metals Ltd

Leeuwin Metals Ltd operates in the mining industry, focusing on exploration activities with a particular interest in gold. The company is listed on the Australian Securities Exchange under the ticker LM1.

Average Trading Volume: 268,979

Technical Sentiment Signal: Sell

Current Market Cap: A$9.98M

See more insights into LM1 stock on TipRanks’ Stock Analysis page.

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