Nova Minerals Limited (NVA) surged 83.69% to $62.75, up $28.59, after Australian Ambassador to the U.S., Kevin Rudd, requested a comprehensive update on the company's Estelle Gold and Critical Minerals Project in Alaska, ahead of the upcoming meeting between Australian Prime Minister Anthony Albanese and U.S. President Donald Trump on October 20, 2025.
The engagement highlights the strategic importance of Nova's project in critical minerals and gold production. Additionally, Nova secured a US$43.4 million award from the U.S. Department of War to develop a domestic antimony supply chain, aiming for military-specification antimony production by 2026/27. The company also holds a 42.81-acre land use permit for a proposed antimony refinery at Port MacKenzie in Alaska.
The stock opened at $57.69, reached a high of $74.19, and a low of $35.00, compared to the previous close of $34.16. It trades on the NASDAQ, with a volume of 5.58 million shares, significantly above its average. The 52-week range is $0.31 to $74.19.
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