Locksley Resources Limited ( (AU:LKY) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Locksley Resources Limited’s stock surged following the announcement of a significant expansion at its Mojave Project. The mineralized corridor has increased by 400% to 1.2 km, which, along with a new parallel target zone, aligns with U.S. supply-chain initiatives. This development enhances the project’s strategic importance and supports future exploration and drilling plans, potentially boosting the U.S. antimony supply chain.
More about Locksley Resources Limited
YTD Price Performance: 2100.0%
Average Trading Volume: 14,845,546
Technical Sentiment Signal: Buy
Current Market Cap: A$130.8M
For further insights into LKY stock on TipRanks’ Stock Analysis page.
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