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Thunderbird Resources Addresses ASX Price Query Amid Survey Results and Marketing Influence

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Thunderbird Resources Addresses ASX Price Query Amid Survey Results and Marketing Influence

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The latest announcement is out from Thunderbird Resources ( (AU:THB) ).

Thunderbird Resources Ltd has responded to a price query from ASX regarding a notable change in its securities’ trading volume and price. The company attributed the trading activity to the completion of an Induced Polarisation survey, the results of which were recently disclosed, and a marketing article by ‘Undiscovered Alpha’ that circulated existing market information. Thunderbird Resources confirmed compliance with ASX Listing Rules and ensured that all disclosures were authorized by its board.

More about Thunderbird Resources

Thunderbird Resources Ltd operates within the resources industry, focusing on exploration and development activities. The company is engaged in conducting surveys and assessments to evaluate potential resource deposits, with a market focus on leveraging geological data to inform investment and operational decisions.

Average Trading Volume: 2,033,286

Technical Sentiment Signal: Sell

Current Market Cap: A$5.07M

For a thorough assessment of THB stock, go to TipRanks’ Stock Analysis page.

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