Prominent gold explorer EMU N.L. (ASX:EMU) stock traded higher up to 22.03% to A$0.072, its biggest intraday percentage gain since 22 February 2021.
The Company has found a significant aerial extent of surface copper oxide mineralisation following auger geochemistry sampling programme at the Viper project in Western Australia.
More than 3.2 million shares were traded as compared with the 30-day average volume of 2.7 million shares.
The stock is up 40.5% this year, as of last close.
Meanwhile, EMU was spotted trading at A$0.059 at 12:33 PM AEDT.