Business
The Lefroy (ASX:LEX) share price has been on a wild ride recently
The Lefroy Exploration Ltd (ASX: LEX) share price rebounded strongly today after tanking 23% yesterday, following the company’s announcement of its recent drilling results.
The Lefroy share price closed the day up 13.83% to $1.07. Two days ago Lefroy shares were at $1.30, and two months ago they were at 20 cents.
Lefroy is a small-cap greenfield explorer, meaning it uses predictive digital modelling to try and strike gold where others haven’t looked. It’s been releasing near-constant market updates about its Copper-Gold Zones near Kalgoorlie in West Australia, where it’s targeting “multi-million-ounce gold discoveries”.
Given its share price recently jumped 237% in one day on these intercepts, here’s a closer look…
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