Market Close: ASX treads water to see out a stuttering day of trading

The ASX200 has closed the day up, 0.14%.

The Industrials sector led the way, up more three quarters of a per cent. Discretionary fell the most, down around point four of a per cent.

In the green

Icene Gold (ASX:ICL) gained 286%% on news it’s discovered a spectacular vein of gold – with some grading more than 18 grams per tonne.

This is set to expand the shear of its Christmas Gift prospect in Western Australia, which forms part of the company’s 14 Mile Well gold project.

ICE has been trading at 8.9 cents.

Medical device company, PolyNovo (ASX:PNV) gained 8.02% after the company reported record monthly revenue of $10.1 million for April 2024.

Its U.S. business also reported steady growth with monthly sales of $6.9 million.

PNV closed the day at $2.29.

Energy microcap, Heartshead Resources (ASX:HHR) gained as much as 7%, on winning Ten (10) Blocks in the 33rd Licensing Round, notified by the North Sea transition Authority (NSTA).

All blocks contain either gas field re-developments or undeveloped gas fields.

HHR has been trading at 7 cents.

In the red

Boss energy (ASX:BOE) fell 1.25% despite the company announcing the commissioning process of its Honeymoon project in South Australia.

The company also reported, its first uranium sale is expected to occur in July with cash to be received in the third quarter of 2024.

BOE closed the day at $5.55.

MetalsTech (ASX: MTC) is down more than 10% after it announced it will undertake a Security Purchase Plan (SPP) for existing shareholders.

Funds will go towards the ongoing development of its fully owned Sturec Gold Mine in Slovakia.

Shares will be issued at 23 cents, a 23.9% discount to the last traded price of 28.5 cents

MTC closed the day at 25 cents.

And, Spartan resources (ASX:SPR) fell half a per cent at one point on results from its recent exploration and development activities at its Dalgaranga Gold Project, in Western Australia.

Recent surface drilling targeted the high-grade Never Never Gold Deposit, but results have not caught the interest of investors.

SPR closed the day at 58 cents.