Manila’s Philex slides over 13 pct after steep gains

MANILA, Nov 16 (Reuters) - Philex Mining Corp fell sharply in heavy trading on Monday as the Philippines’ top miner, which has surged on talks of a looming battle for control, corrected after disappointing results.

Philex slid as much as 13.43 percent to 14.5 pesos (31 U.S. cents) in early trade.

Read more..

The Philippines’ Premier IT Mining support company, click here to find out more

Leave a Reply

Please note that your comments will be subject to moderation by the PMEA Blog Administrator.