Forgent Shares Jump 13.5% on High-Grade Copper and Gold Discovery

Key Facts

1Forgent shares rose 13.5% to 0.019p following exceptional surface sampling results from its Green Rocks project.

2Sampling results showed 22 samples returned copper grades above 5%, and 25 samples returned gold grades above 0.3 g/t.

Amid growing demand for critical minerals essential for the global energy transition, Forgent PLC has reported promising exploration results at its flagship project. According to reports, Forgent shares rose 13.5% to 0.019p following the announcement of exceptional surface sampling results from its Green Rocks project in Western Australia. The technical data revealed that 22 samples returned copper grades exceeding 5%, while 25 samples showed gold grades above 0.3 g/t.

This discovery coincides with a relative improvement in Australian business sentiment, as the NAB Business Confidence index reached -14 on June 9, 2026, outperforming forecasts of -22 per market data. Forgent's exploration success stands out among junior miners in the region targeting the looming global copper supply gap, as grades exceeding 5% are considered highly anomalous for early-stage surface sampling programs.

Traders are currently watching Forgent's price stability at 0.019p (close June 15, 2026) to gauge the sustainability of the bullish momentum. From a macro perspective, mining investors are monitoring upcoming trade catalysts, particularly following China's trade balance data on June 9, which showed a 27.4% surge in imports, signaling continued robust demand for raw materials.