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Perpetual Resources Attributes Trading Activity to Drilling Update and Market Interest

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Perpetual Resources Attributes Trading Activity to Drilling Update and Market Interest

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The latest update is out from Perpetual Resources ( (AU:PEC) ).

Perpetual Resources Ltd has responded to an ASX query regarding recent changes in its securities’ price and volume, attributing the fluctuations to a recent announcement about its Igrejinha drilling program and broader market interest in Brazilian mineral projects. The company continues its exploration activities in Brazil and plans to release further updates on its drilling program, while confirming compliance with ASX listing rules.

More about Perpetual Resources

Perpetual Resources Ltd is a company engaged in the exploration and development of mineral resources, with a focus on Brazilian lithium, rare earths, and caesium projects. The company is also involved in the silica sand market, which has seen strengthening supply-demand dynamics.

YTD Price Performance: 76.92%

Average Trading Volume: 2,132,813

Technical Sentiment Signal: Hold

Current Market Cap: A$20.08M

Find detailed analytics on PEC stock on TipRanks’ Stock Analysis page.

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