NCM unaware why stock price jumped 80%

By Business Reporter

NAMIBIA Critical Metals (NCM)has said that it is unaware of any material change in the company’s operations that could account for the 80% jump in its share price on Tuesday.

The Halifax-headquartered junior holds a portfolio of exploration and advanced-stage projects in Namibia, focusing on the development of sustainable and ethical sources of metals for the battery, electric vehicle and associated industries.

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Its projects include the Lofdal heavy rare earths project, which offers a potential supply of dysprosium and terbium, as well as the Kunene cobalt/copper project, the Epemba tantalum/niobium project, the Grootfontein nickel/copper, lead/zinc/vanadium project, the Warmbad lithium project, the Otjiwarongo rare-earths and gold project and the Erongo gold project.

Namibia Critical Metals’ stock ended the day 80% higher at CNamibia Critical Metals’ stock ended the day 80% higher at CNamibia Critical Metals’ stock ended the day 80% higher at CNamibia Critical Metals’ stock ended the day 80% higher at C$0….

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27 a share, having hit a 52-week high of C$0.30 earlier in the day.

The company has a market capitalisation of C.

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69-million.