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The latest update is out from Platina Resources Limited ( (AU:PGM) ).
Platina Resources Limited has experienced a notable increase in its share price and trading volume, prompting a query from the ASX. The company has stated it is unaware of any undisclosed information that could explain the recent trading activity. However, it recently completed the acquisition of the Mt Mckenna Gold Project and received cultural heritage clearance for exploration, which may have influenced market behavior. Platina confirms its compliance with ASX Listing Rules and assures that its board has approved the responses to the ASX’s inquiries.
More about Platina Resources Limited
Platina Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the acquisition and exploration of gold projects, with a notable market focus on Western Australia’s Eastern Goldfields.
YTD Price Performance: 105.88%
Average Trading Volume: 1,437,044
Technical Sentiment Signal: Buy
Current Market Cap: A$21.28M
See more data about PGM stock on TipRanks’ Stock Analysis page.