Business
Reddit army lifts silver stocks, ASX races 0.8pc higher – The Australian Financial Review
The S&P/ASX 200 Index powered 55 points higher to 6663 on Monday. Adriatic Metals was a star performer, rallying 20 per cent to $2.60.
Silver Mines soared 49 per cent to 36.5¢. It owns the Bowdens silver project near Mudgee in NSW, the largest undeveloped silver project in Australia. Last week it reported high grade drill results from the project, including 26.1 metres grading at 252 grams per tonne of silver equivalent.
Manuka Resources, which listed last July after issuing shares at 20¢, closed 31 per cent higher at 50.5¢. The company owns the Wonawinta silver and base metals project in the Cobar Basin.
Worley fell 11 per cent…
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