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The ASX200 has closed down .56 of a per cent with IT down 1.4 per cent and in the red for a second straight day, materials slumping 0.8 per cent and real estate shedding .61 per cent.
Coming into sharp focus today were OncoSil Medical, Telix Pharmaceuticals, Elixir Energy, Capricorn Metals, Stanmore Resources and Rio Tinto.
In the green
OncoSil Medical (ASX:OSL) gained as much as 20 per cent after dosing the first two patients in Austria with the use of its OncoSilTM device.
The company also confirmed today it’s entered key European countries, including Spain, Italy, Greece, and now Austria.
This list is expected to be growing further in the coming months, with other countries, including the UK, Portugal, and Germany, having already commenced training on the usage of the device.
OSL closed flat at 5 cents.
Telix Pharmaceuticals (ASX:TLX) gained more than 2 per cent on its general meeting presentation, in which the company reported on the expansion of its current and upcoming commercial products.
It plans to launch multiple new products and expanding its territory coverage by year end.
TLX closed at $12.46.
Elixir Energy (ASX:EXR) surged 27 per cent on an operations update at its Grandis project in Queensland.
Following diagnostic tests at Daydream-2, the company tested the free-flowing capacity of the Lorelle Sandstone. Results showed a rate of 2.3 Million Standard Cubic Feet Per Day, marking the deepest unstimulated gas flow in onshore Australia east of the Perth Basin.
EXR closed the day at 9 cents.
In the red
Capricorn Metals (ASX:CMM) was down 5 per cent after it reported its produced less gold at its Karlawinda gold project, due to excess rainfall.
For the March quarter – Capricorn Metals achieved 26,017 ounces of gold production – down 14.5% from the previous quarter.
The company expects its gold production for the June 2024 quarter to be in the range of 26,000 – 29,000 ounces, resulting an annual production of 112,000 – 115,000 ounces – which is still below its FY24 guidance.
CMM closed at $5.19.
Stanmore Resources (ASX: SMR) lost a per cent, despite the sale and purchase agreement with Aquila Coal and Aquila Exploration (Aquila) to acquire the remaining 50% interest in the Eagle Downs metallurgical coal project, alongside the Eagle Downs South metallurgical coal tenements and associated assets in Queensland.
The company aims to explore potential cost reductions for Eagle Downs.
SMR closed the day at $3
Rio Tinto (ASX:RIO) shares were down 1.03 per cent as the company faced headwinds on three fronts.
Today’s decline was due in part to lower iron ore prices and due in part to heavy ESG grilling from advocate shareholders in the company’s overnight AGM.
In the background, Norway’s US$1.2 trillion sovereign wealth fund is reportedly concerned with Rio Tinto’s deforestation activities in Brazil, according to the Wall Street Journal.
RIO closed the day at $120.55.
