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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.
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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