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Materials stocks are leaving a green mark on the ASX 200 today after the price of some key metals and rare earth elements rose in early trade.
Within the sector, 5E Advanced Materials (5EA) inched forward after appointing experienced global executive Susan Seilheimer Brennan as its newest CEO.
Ms Brennan will join the team on April 24, leading the company on its desired path to becoming a fully-integrated, globally significant producer of boron, lithium and advanced materials.
Iceni Gold (ICL), however, appears to have missed out on the sector boost; its shares were down 1.1 per cent at midday, despite revealing rock sampling at its 14 Mile Well project had returned high-grade gold.
The company discovered quartz reef veining in the Everleigh target area with visible gold. Further sampling is planned at Everleigh and the Guyer target area to define targets for follow-up work.
In the energy sector, Anson Resources (ASN) received final approval to move forward with its Western Strategy Mineral Resource drilling program at its Paradox lithium project in the Paradox Basin.
This didn’t help the stock’s share price, though, which dipped 2.5 per cent to 19.5 cents at 12:46 pm AEDT.
Little Green Pharma (LGP) placed its shares in a trading halt after announcing a new partnership between its psychedelics-focused subsidiary, Reset Mind Sciences, and health insurer HIF.
The alliance will look to establish a mental health treatment facility that can deliver psychedelic-assisted psychotherapy.
Finally, Latitude Financial (LFS) told investors its uncovered more evidence of large-scale data theft after reporting cyber attacks last Thursday.
The non-bank lender today confirmed that, as far as it could tell, all data compromised was from prior to March 16.
LFS shareholders reacted poorly to the news, with the company’s share price down more than six per cent at 1:04 pm AEDT.
