🔴 Mount Ridley Mines is trading 5% down amid rare-earth sector selling

Mount Ridley Mines is trading 5.13% down at A$0.04, amid pressure across rare-earth and critical-minerals stocks, with no clear new company-specific catalyst identified.

• Peers and the rare-earth-focused REMX ETF fell amid sector-wide selling on October 7.
• An October 7 research update reiterated previously reported scandium recovery and re-assay results; it does not establish that those results caused the decline.
• No Mount Ridley announcement dated October 8 appeared in the ASX announcements search results.