Business
Why the Andromeda Metals (ASX:ADN) share price is lifting off today
The Andromeda Metals Ltd (ASX: ADN) share price is surging higher today, up 6.3% in afternoon trading.
That brings Andromeda’s share price gains to 34.2% over the past month and a stellar 410% year to date.
By comparison the All Ordinaries Index (ASX: XAO) is up 6.1% over the past month and up a slender 0.8% since 2 January.
What does Andromeda Metals do?
Andromeda Metals is an emerging industrial minerals producer. The company’s primary focus is its Great White halloysite-kaolin deposit, which it is working to bring into production. If you’re not familiar with halloysite, it adds whiteness and strength during the manufacture of porcelain, among its other uses.
Andromeda Metals is also involved in a joint venture (JV) with…
-
Noosa News5 hours agoWoman dead and man rushed to hospital with gunshot wound following crash near Aussie World on Queensland’s Sunshine Coast
-
Noosa News12 hours agoFarmer Fred Perry’s 30-year conservation project creates bird haven after years of ‘bashing and burning’
-
General11 hours agoBoy dies after being trapped between rocks off NSW beach
-
Noosa News11 hours agoDetectives continue to search for answers on Crystal Beale’s death