** Shares of Santana Minerals SMI.AX slump 9.1% to A$0.450, their lowest level since January 21
** Precious metal explorer says reports needed for its application for a mining permit will not be ready in time for submission by end of April 2025
** Says it is working towards completing the submission no later than June 30, 2025
** Stock fell as much as 12% to A$0.435 earlier in the day, its lowest level since December 17, 2024
** Stock on track for third consecutive session of losses, if current trends hold
** 1.7 mln shares change hands, 1.2x the 30-day average
** Stock down 7.2% YTD, including current session's moves
(Reporting by Manasi Dasa in Bengaluru)
((Manasi.DasaSundeep@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.