Northern Mining (ASX:NMI) received an ASX price query yesterday when its shares hit $0.024 intra-day, which is 85% higher than the $0.013 closing price a day earlier.
Shares in the company kept climbing and by the end of the session were $0.029.
Northern Mining said it was not aware of any information to explain the change in share price.
The company did however state: 'There were some interest shown by the US fund institutes recently following the Proactive Q&A Sessions conducted with the Company’s Chairman.'
ACCESS HERE: Northern Mining's chairman Tony Ong in Proactive Q&A Sessions™
Northern Mining added that the company has recently sold its Georges Reward’s tenement to Metals X (ASX:MLX) for $4.5 million, and it now has $9 million in cash at the bank.
The company also said that it has been actively looking to invest in good mining assets located locally and/or overseas and will provide the details once it is confirmed.
Northern Mining (ASX:NMI) received an ASX price query yesterday...
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Last
59.5¢ |
Change
-0.030(4.80%) |
Mkt cap ! $527.4M | |||
| Open | High | Low | Value | Volume |
| 62.0¢ | 62.8¢ | 59.0¢ | $1.780M | 2.944M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2750 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 7033 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |