PRECIOUS METALS

Sierra Nevada slinks onto ASX

HAVING successfully raised its minimum target of A$10 million at 50c, Sierra Nevada Gold’s CHESS depository interests commenced trading this morning, but there was little buying or selling.

 Sierra Nevada's Blackhawk project

Sierra Nevada's Blackhawk project

The stock opened below its raising price at 45c, but just 82,000-odd CDIs were bought and sold during its inaugural session.   The company traded as high as 51.2c before closing flat at 50c.   ...

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