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Ridge sinks in first session

URANIUM explorer Ridge Resources couldn’t stay afloat on its first day of trading on the Australian Securities Exchange, closing at a 5% discount to its A20c issue price.

Kristie Batten
Ridge sinks in first session

Shares hit a high of 21c before closing on 19c on a thin volume of less than 400,000 shares. Ridge’s sole project is the Mt Alexander iron oxide-copper-gold and uranium project in the Pilbara. ...

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