Azure Minerals (ASX: AZS) with a 50% spike to $0.12 in intra-day trading today, from $0.08 at the close on Thursday 13 January, has popped up on the ASX radar and received a price and volume query.
The company said there was no material information that had not been released to the market which may have prompted the sudden investor interest.
Azure did however state:
‘The Company has been made aware that in its latest edition a prominent investment magazine recommended Azure Minerals as a “Speculative Buy” to its subscribers.’
Azure has eased by midday trade, last changing hands at $0.105, or 12% higher on the day.
