Cosmos Exploration (ASX:C1X) shares increased as much as 22.3% to A$0.455.
This is the highest they’ve been since June 23.
The company’s inaugural summer lithium exploration programme is launching at the much-anticipated Corvette Far East lithium project and Lasalle lithium project located in Quebec, Canada.
The emphasis of this program will be on high-priority anomalies identified within these projects.
For three consecutive sessions, the stock has been on the rise, demonstrating its largest intraday percentage gain since July 26.
More than 876,000 shares were traded during these sessions, compared to the thirty-day average of approximately 231,000 shares.
As of its most recent closure, the stock has shown a ~68.2% increase this year.
Cosmos Exploration, a mineral exploration company, primarily engages in lithium explorations.