Tag: Base

‘Rally in aluminium co shares may take a pause’

 stock analyst  04/29/2024  0 Comments on ‘Rally in aluminium co shares may take a pause’

After gaining 16-25% over the last month, shares of both Hindalco Industries and National Aluminium Co tested their lifetime highs on Friday. Shares of Vedanta, the country’s largest producer of the metal, have jumped nearly 48% in a month and are at their highest level in two years.

Australia's Base Resources surges 120% on US takeover deal

 stock analyst  04/22/2024  0 Comments on Australia's Base Resources surges 120% on US takeover deal

Investing.com– Shares of Australian mineral sands miner Base Resources Ltd (ASX:BSE) more than doubled in value on Monday after it entered a deal to be bought by North American peer Energy Fuels (TSX:EFR) Inc (NYSE:UUUU) for an equity value of A$375 million ($241.7 million)