Austral Gold is trading 19.2% down at $0.10 after giving back most of a recent speculative surge tied to its non-binding copper collaboration MOU with Freehill Mining.
- The sharp drop follows a brief frenzy around the Chile copper projects news as investors reassess the limited certainty of the non-binding deal.
- Earlier optimism has faded, leading to significant profit-taking and a reversal of the stock's prior price spike.