Nimy Resources Limited ( (AU:NIM) ) has shared an update.
Nimy Resources Limited addressed a price and volume query from the ASX, stating they are unaware of any undisclosed information that could explain recent trading activity. The company highlighted its recent announcement of securing Raglan Drilling for a Phase 2 drilling program at its gallium discovery, which aligns with its strategy to advance a collaboration with M2i Global. The media has also focused on the significance of gallium in current geopolitical contexts, emphasizing its use in advanced technologies. Despite recent media attention, Nimy confirmed that no new information was released in their latest presentations.
More about Nimy Resources Limited
Nimy Resources Limited is a company involved in the mining industry, focusing on the exploration and development of critical minerals such as gallium. The company is actively working on expanding its high-grade gallium discovery in Western Australia and has a strategic collaboration with US minerals specialist M2i Global to develop a global value supply chain for critical minerals.
YTD Price Performance: 16.67%
Average Trading Volume: 604,340
Technical Sentiment Signal: Hold
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