Latitude Resources Shares Rise Most in 10 Months on Copper Find
Shares of Latitude Resources Plc rose the most in more than 10 months after the U.K. mining company reported the analysis of a copper project in Chile.
The shares gained as much as 0.38 pence, or 10 percent, to 4 pence, the biggest gain since March 6. The stock traded at 3.88 pence at 8:30 a.m. in London.
Tests at the Santa Dominga site in northern Chile indicated a “significant zone of copper,” London-based Latitude said today in a Regulatory News Service statement.