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)

Thu, 11 Jan 2024

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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