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Nyota Minerals Unaware Of Reason For Recent Rise In Share Price

18th Jul 2016 07:33

LONDON (Alliance News) - Nyota Minerals Ltd Monday said it knows of "no specific reason" for the recent rise in the company's share price and trading volumes.

The miner, primarily focused on the Ivrea nickel and copper project in Italy alongside other exploration work in Ethiopia, said it does not know why there has been such significant movements to the share price recently.

Nyota shares were trading up 1.5% to 0.0660 pence per share on Monday morning, which is 27% higher than the closing share price last Wednesday and 8.0% higher than at the start of 2016.

By Joshua Warner; [email protected]; @JoshAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.

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