53% share price jump lands GME Resources (ASX: GME) in trading halt

The GME Resources Ltd (ASX: GME) share price is once again shooting through the roof, after lifting yesterday on no news.

We reported at the time on the GameStop Corp (NYSE: GME) short squeeze phenomenon that has led the US company’s shares returning over 100X in the last year. Yesterday it looked like our Aussie GME counterpart might have experienced a case of mistaken identity, with both companies sharing the GME ticker code.

GME share price isn’t going anywhere

Today GME Resources shares have been halted, as the mineral explorer prepares to release an announcement regarding a price query. This is likely a ‘please explain’ from the ASX due to the rapid 53% increase on no news.

Ironically, this GME Resources even more…