Petratherm Ltd ( (AU:PTR) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Petratherm Ltd’s stock is on the rise following the commencement of resource drilling at its promising Rosewood Titanium Project. This significant discovery, with over 400 planned drill holes, is set to establish a maiden resource, potentially boosting the company’s market share and presence in the titanium minerals sector. No changes in price targets have been stated.
More about Petratherm Ltd
YTD Price Performance: -8.20%
Average Trading Volume: 276,211
Technical Sentiment Signal: Buy
Current Market Cap: A$97.05M
For further insights into PTR stock on TipRanks’ Stock Analysis page.
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