ASX 300 shares are higher on Tuesday, with the S&P/ASX 300 Index (ASX: XKO) rising 0.65%.
Here are three ASX 300 companies charging higher after releasing their quarterly results.
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Cooper Energy Ltd (ASX: COE)
The Cooper Energy share price is up 9.09% to 12 cents after the company reported a 3% boost to production in the December quarter and a 12% annual lift. Cooper Energy said it was achieving positive outcomes from its Orbost Improvement Project. This led to a substantial impact on revenue, which lifted 8% over the quarter. The ASX 300 energy share is down 40% over the past 12 months.
Iluka Resources Limited (ASX: ILU)
The Iluka Resources share price is up 4.85% to $6.81 on news of 105kt of production in 4Q FY23 and total annual output of 639kt. Iluka sold 134kt in 4Q with full-year sales of 494kt. The ASX 300 mineral sands miner said lower zircon sales reflect subdued economic activity in Europe and China. However, pricing remained relatively strong. The ASX 300 share is down 36% over the past year.
Coronado Global Resources Inc (ASX: CRN)
The Coronado Resources share price is up 4.6% to $1.71. This follows news of the second-highest full-year revenue ever at $2.9 billion. December quarter group revenue was $680 million. The coal miner dug up 6.1 Mt in December, up 3.3%, with saleable production of 3.9 Mt, up 6.4%. Coal availability was greater at Curragh following waste movement works. The ASX 300 coal share is down 20% over the past 12 months.
