Business
Why the Thomson Resources (ASX:TMZ) share price is soaring 14% today
Thomson Resources Ltd (ASX: TMZ) shares are soaring today, up 13.64% to 12.5 cents at the time of writing. In earlier trade, the Thomson Resources share price posted gains of almost 23% before retreating to its current level.
This comes after the ASX resource share released a series of market-sensitive updates today, following on from its quarterly activity report released on Friday. We take a look at what’s motivating investors below.
What did Thomson Resources report?
The Thomson Resources share price is rocketing today after the company’s flurry of updates.
First, Thomson Resources reported it had restarted drilling at its Bygoo tin project in New South Wales. Drilling had previously been put on hold due to inclement…
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