23rd Dec 2015 12:30
LONDON (Alliance News) - Sula Iron & Gold PLC Wednesday noted a recent move in its share price, and confirmed it was not aware of any reason for such a decline, as it reiterated optimism about its future.
Shares in Sula Iron & Gold, which is a multi-commodity exploration company focused on Sierra Leone, were up 9.8% to 0.258 pence Wednesday, having rebounded from 0.190p earlier in the trading session.
The company's shares remain down 27% in the week so far.
Sula Iron & Gold highlighted its most recent update, a blog from its chief executive officer on Monday, which summaries the company's key activities during 2015.
"The board remains optimistic about the company's future and looks forward to providing further updates in early 2016 and is confident of the outlook for its potential world class gold deposit at Ferensola," the company said in its statement Wednesday.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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