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Sunrise Energy Metals Falls 11 Percent to A$17.15, Extending a Slide Since Its U.S. Listing Plan

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yesterday

Sunrise Energy Metals shares fell 11 percent on Friday, a fourth loss in five sessions, as the stock kept giving back the run that followed a plan to move the parent company to the United States and list on Nasdaq.

The shares closed at A$17.15, down A$2.13, or 11.05 percent, from Thursday's A$19.28. They opened at A$19.00, traded as high as A$19.26 and as low as A$17.05, on volume of about 1.18 million shares. The 52-week range is A$3.58 to A$23.65. The market value is about A$2.9 billion. Revenue in the last fiscal year was A$112,000. The company lost A$15.17 million.........

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