** Shares of Metro Mining MMI.AX rise 2.7% to A$0.77, their highest level since October 22
** Bauxite miner reports Q3 shipments of 2.1 million wet metric tons, up 17% from previous quarter
** Says Q3 EBITDA margins improved by 59% quarter-on-quarter to A$7 per wet metric ton, while delivered bauxite prices rose 6.5%
** About 1.5 mln shares change hands, 1.4x the 30-day avg
** Stock down 49.7% YTD, including current moves
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