Avocet Mining plc (LON:AVM) dropped 15.7% on Thursday . The stock traded as low as GBX 5 ($0.07) and last traded at GBX 4.85 ($0.06). Approximately 157,072 shares changed hands during trading, an increase of 303% from the average daily volume of 38,962 shares. The stock had previously closed at GBX 5.75 ($0.08).
About Avocet Mining (LON:AVM)
Avocet Mining plc operates as a gold mining and exploration company in West Africa. It operates through UK, Burkina Faso, and Guinea segments. The company primarily holds a 90 per cent interest in the Inata gold mine located in the Bélahouro district of northern Burkina Faso; and five exploration permits cover approximately 1,660 km2 surrounding the Inata gold mine in the broader Bélahouro region.
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