Besra Gold (ASX:BEZ) experiences a significant 29.6% increase in their shares, presently trading at A$0.175.
This uptick marks their best performance since July 13, contingent on the preservation of current gains.
The reason behind this rapid rise stems from the $10 million payment they received from Quantum Metal Recovery as per a $300 million gold purchase contract.
Subsequent to this remarkable rise, the stock has reached its highest level since September 20.
A remarkable 3.6 million shares traded hands, marking a significant increase compared to the 30-day average volume of 1.6 million shares.
Year-to-date, the stock has appreciated as much as 159.6% until the last closing period.
Besra Gold is a Malaysian gold mining company listed on the ASX.