May 7, 2018 / 4:02 AM / 6 months ago

BUZZ-Australia's Jervois Mining hits 6-week high; co sells Nyngan, Flemington royalties for $4.5 mln

** Nickel-cobalt miner Jervois Mining rises as much as 7.1 pct to A$0.45, highest since March 26

** Co said it would sell Nyngan and Flemington royalties to Cobalt 27 Capital Corp for $4.5 mln

** More than 1.6 mln shares change hands, highest since early Feb; 30-day average is 251,250 shares

** Stock down 35.4 pct this year as of Friday’s close

** Cobalt 27 Capital’s shares up 0.7 pct as of 0400 GMT

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