SYDNEY — Shares of Sunrise Energy Metals rebounded more than 12% on Friday, recovering a large part of the previous session's steep losses as investors returned to one of the Australian market's most volatile stocks.

Sunrise shares were up 1.73 Australian dollars, or 12.4%, at 15.68 dollars in afternoon trading, after reaching a high of 16.08 dollars. The stock had traded as low as 14.76 dollars earlier in the session. The company's market value rose to about 2.7 billion dollars.

The rebound followed a 10.4% drop on Thursday, when the shares closed at 13.95 dollars and ranked among the worst........

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