Sovereign Metals Limited (AU:SVM) has released an update.
Sovereign Metals Limited recently addressed a query from the ASX regarding a noticeable uptick in their share price and trading volume, clarifying that there is no undisclosed information that could have influenced the trading activity. They highlighted recent positive developments at their Kasiya Rutile Project in Malawi, including the commencement of a pilot mining program and successful testwork demonstrating high-quality graphite production for lithium-ion batteries. The company also confirmed its compliance with ASX listing rules.
For further insights into AU:SVM stock, check out TipRanks’ Stock Analysis page.
