Monday’s HotCopper Trends: Invictus exploration, Neuren’s FDA tick | April 14, 2025

The Market Herald
14 Apr

The ASX has been up 1% higher at 7,721 points.

Invictus Energy (ASX:IVZ) has been among the most watched on HotCopper forums after the company confirmed Musuma-1 as the first high-impact exploration well to be drilled outside the Mukuyu gas-condensate discovery area, targeting a new play type in the Cabora Bassa Basin.

Invictus Energy has been 5.5 cents.

Neuren Pharmaceuticals (ASX:NEU) has also been trending on news the primary endpoints for its Phase 3 pivotal clinical trial of its drug in Phelan-McDermid syndrome have been confirmed in a meeting with the U.S. FDA.

Neuren has been $10.74.

And, finally, Bellevue Gold (ASX:BGL) has revised its full-year production guidance down and scrapped its five-year growth plan after “uncharacteristic geological factors” hindered the gold miner’s output in the March quarter.

The company will also soon be running a $156.5 million placement to provide working capital for a revised mine plan and de-risk its balance sheet.

Bellevue Gold was $1.145 before its trading suspension.

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