Vault Minerals Starts Week With 20% Gain, Regis Arbitrage Narrows
Vault Minerals shares go into Monday trading in Australia after a big selloff Friday cut into their strongest weekly run in months. The ASX was shut at the time of writing, with trading set to start again later Monday. Shares climbed in the first four days last week, including a 14.7% surge Monday, but then fell 26 Australian cents on Friday. This matters, since Vault is trading now with investors weighing both its better production outlook and the set share-exchange terms from its planned merger with Regis Resources.