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The Markets
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Markets in a Minute: Antipa shines, Mayne Pharma sinks

Markets in a Minute: Antipa shines, Mayne Pharma sinks

The ASX 200 closed up on Monday, gaining 0.75 per cent.

IT had a stellar day, the sector shot up more than 2.3 per cent, materials wasn't far behind - whilst real estate and consumer staples dragged the bourse.

Green

Antipa Minerals shot up after reporting more high-grade gold hits at its Minyari Dome Project in WA — including 53 metres at 1.9 grams per tonne gold at Fiama, and strong copper-gold results at depth from Minyari.

Terrain Minerals was also up on news it's identified multiple large gold targets at its Wildflower Prospect in WA.

Red

Brainchip Holdings dipped on its $35 million placement at a 10.3% discount. The funds will support development in edge AI and neuromorphic computing.

Mayne Pharma plunged after Cosette Pharmaceuticals filed to appeal last month’s Supreme Court ruling that upheld Mayne’s takeover offer.

#ASX200 #AntipaMinerals #GoldExploration #CopperGold #TerrainMinerals #MiningNews #BrainchipHoldings #EdgeAI #MaynePharma

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