Mont Royal makes premium debut

SYDNEY-based gold explorer Mont Royal Resources has had a very positive first day of trade on the ASX.

Mont Royal makes premium debut Mont Royal makes premium debut Mont Royal makes premium debut Mont Royal makes premium debut Mont Royal makes premium debut

It comes after the company's $5 million initial public offering closed oversubscribed in late March.

The stock closed at its session high of 23.5c, a 17.5% premium to the 20c issue price.