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Berkeley Energia tells Australian Exchange it knows of no reason for recent share price rise

The ASX regularly queries companies on share price movements

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Berkeley's share price moved up by almost a third at the end of the first trading week of the year

Berkeley Energia Ltd (LON:BKY) has told the Australian stock exchange in a filing that it knows of no reason for the recent rise in the company’s share price.

Berkeley noted that a major seller had now completed its exit from the company.

WATCH: Berkeley Energia seeks to clarify permit situation at Salamanca

In London, the shares jumped from just over 10p to 13.75p on Friday, although they gave up some of those gains in early trading in London on Monday.

Quick facts: Berkeley Energia Ltd

Price: 15.75 GBX

LSE:BKY
Market: LSE
Market Cap: £40.71 m
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Caution over Berkeley Energia report casting doubt over Spanish government...

Numis Securities analyst Justin Chan chats to Proactive London's Andrew Scott following a Reuters report suggesting Spain’s government will not issue the required permits for construction of Berkeley Energia Ltd 's (LON:BKY) Salamanca mine to go-ahead, even though the project was granted...

on 17/10/18

2 min read