Gindalbie can't explain share price surge

Junior iron ore miner responds to price query, not aware of reason for the rise.

Gindalbie Metals (GBG) says it does not know why its shares have surged in today's trade, in response to a query from the ASX.

At 2.41pm (AEST), Gindalbie shares were 12.9% higher at 7c, against a benchmark index lift of 0.54%. In earlier trade, Gindalbie shares reached 7.5c.

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