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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Bacanora Lithium Plc | LSE:BCN | London | Ordinary Share | GB00BD20C246 | ORDS 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 67.00 | 67.00 | 67.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
By Oliver Griffin
Bacanora Lithium PLC (BCN.LN) shares leapt Thursday after a press report suggested that Southern Copper Corp. (SCCO.VL) was considering an investment in a Mexican lithium project.
A story published by Reuters reported that Southern Copper CEO Oscar Gonzalez said his company had visited a lithium project in the Mexican state of Sonora, which is where Bacanora Lithium owns a number of concessions.
Reuters reported that Mr. Gonzalez couldn't remember the name of the company in Sonora.
The London-listed company didn't comment on the reports. It said it remains focused on securing the full funding of $460 million for the Sonora lithium project in Mexico in the second quarter of 2019 and is in discussions with a number of potential cornerstone investors as part of that process.
Shares at 1118 GMT were up 33% at 23.25 pence.
Write to Oliver Griffin at oliver.griffin@dowjones.com; @OliGGriffin
(END) Dow Jones Newswires
March 14, 2019 07:42 ET (11:42 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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