European Metals (ASX:EMH) share price jumps 20% on lithium update

Amid a day of carnage on the ASX, the European Metals Holdings Ltd (ASX: EMH) share price is flying higher. Up by 20.35% at one point today, it has since retreated to $1.275 – still up an impressive 10.39%. For comparison, the S&P/ASX 200 Index (ASX: XJO) is currently down by…