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Why the AVZ Minerals (ASX:AVZ) share price rocketed 27% higher – The Motley Fool Australia

Here’s why the AVZ Minerals Ltd (ASX:AVZ) share price has rocketed 27% higher on Thursday…

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The AVZ Minerals Ltd(ASX: AVZ) share price has been a very strong performer on Thursday.
At one stage today the lithium-focused mineral exploration company’s shares were up as much as 27% to a 52-week high of 12.5 cents.
The AVZ Minerals share price has given back some of these gains but is still up 17% to 11.5 cents at the time of writing.
Why is the AVZ Minerals share price rocketing higher?
Investors have been buying the company’s shares today after the release of a very positive announcement.

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