Sayona closed 16% strong yesterday
Australian mineral explorer Sayona Mining Limited $Sayona Mining Ltd(SYA.AU$ shares skyrocketed on the ASX yesterday. The stock closed at AU$0.237 per share after rocketing 16.666%.
The company did not share any important announcement on the ASX today. This share price gain could be a result of any previous announcement shared by Sayona or the upbeat performance of the benchmark index.
![Data as of Aug 09, 2022](https://ussnsimg.moomoo.com/151846312/editor_image/ef0759fcb36d35c888970c44d3e9c2a8.png/bigmoo)
Last Friday, Sayona announced that it has agreed with Acuity Capital to extend and increase the size of its At-the-Market subscription agreement. As a result, the expiry date has now been shifted to 31 July 2025, and the ATM facility limit has now been increased to AU$200 million. This could be the reason for Sayona’s share price push on the ASX.
Over last 12 months, Sayona’s share price has significantly gained over 122% on the ASX. Meanwhile, Sayona’s year-to-date share price has gained by 75% on the ASX. In last six months, Sayona’s share price gained over 88% on the ASX (Data as of July, 8, 2022).
Over last 12 months, Sayona’s share price has significantly gained over 122% on the ASX. Meanwhile, Sayona’s year-to-date share price has gained by 75% on the ASX. In last six months, Sayona’s share price gained over 88% on the ASX (Data as of July, 8, 2022).
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