Hot stock: Fortress Minerals surges 14.3% after Q3 profit jump, proposed acquisition

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SHARES of Fortress Minerals rallied to a record high on Monday, after the Catalist-listed firm posted strong third-quarter results and proposed a US$30 million acquisition of a Malaysia miner. Read more at The Business Times.

SHARES of Fortress Minerals rallied to a record high on Monday, after the Catalist-listed firm posted strong third-quarter results and proposed a US$30 million acquisition of a Malaysia miner.

As at 9.53am on Monday, the counter had jumped S$0.04 or 14.3 per cent to S$0.32, with some 1.3 million shares changing hands. No married deals were recorded in early trade, according to Shareinvestor data. Shares of the iron ore concentrates producer and exporter hit 32.5 Singapore cents at one point, the highest the counter has reached since its

 

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