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Ordell Minerals Addresses ASX Query on Trading Activity

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Ordell Minerals Addresses ASX Query on Trading Activity

Ordell Minerals Ltd ( (AU:ORD) ) has provided an announcement.

Ordell Minerals Ltd has responded to a query from the ASX regarding a notable increase in the price and trading volume of its securities. The company stated it is not aware of any undisclosed information that could explain the trading activity, and highlighted the recent commencement of drilling at its Barimaia Gold Project as a potential factor. Ordell confirmed compliance with ASX listing rules and that its responses were authorized by its Managing Director.

More about Ordell Minerals Ltd

Ordell Minerals Ltd is a company operating in the mining industry, primarily focusing on gold exploration and extraction. The company is engaged in projects such as the Barimaia Gold Project located near Mount Magnet in the Murchison region of Western Australia.

YTD Price Performance: 30.30%

Average Trading Volume: 174,586

Technical Sentiment Consensus Rating: Strong Sell

See more insights into ORD stock on TipRanks’ Stock Analysis page.

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