Mount Ridley Mines is trading at A$0.04, down 4.55%, with no clear company-specific reason identified for the October 16 decline.
- The Selectro test announcement, reported October 15, cited 92% aluminium and 97% iron recovery from bauxite.
- Supplied price context showed a 22.22% gain on October 15; coverage does not establish that the announcement caused this sessionβs decline.
- Materials-sector strength was positive, not a clear driver of the fall.