Gold miner’s price jump sparks ASX 'please explain' notice

Gold miner’s price jump sparks ASX 'please explain' notice
Santana's gold project is located close to NZ's largest operating gold mine, Macraes. (Image: Getty)
Pattrick Smellie
The Australian securities exchange-listed Santana Minerals says it has no explanation for a jump of more than 26% in its share price over two days and a surge in the volume traded other than an investor presentation lodged with the ASX on Monday.Santana shares moved from a low point of A99 cents (NZ$1.07) to a high of A$1.25 in trading yesterday on what the ASX Compliance letter described as a “significant volume of SMI’s [Santana’s] securities traded” on Wednesday.The ASX website reports the shares closed at A$1.14...

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