Greatland Resources Ltd (GGP.AU) saw its stock price soar by 6.91% during intraday trading on Thursday, marking a significant upward movement for the Australian miner.
The surge was part of a broader rally among Australian mining stocks, which hit a nearly one-month high. The positive sentiment was driven by rising iron ore futures, supported by upbeat factory data and hopes of new stimulus measures in China, the world's top consumer of the steel-making ingredient.
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