Top 10 at 11: Antimony, cannabis crops and molybdenum are making headlines today

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, which is meant to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms that have made announcements.

The market opens at 10am (eastern time) and the data is taken at 10:15am, once every ASX stock has started trading.

Briefly, here’s what’s been happening already this morning: Local markets have opened slightly lower this morning, as earnings season continues and a number of the bourse’s big names deliver news of their bottom lines. Within minutes, the ASX 200 benchmark dropped 0.3%, while Energy and InfoTech shares saw a brisk sell-off in the opening moments of the session.

WINNERS

Stocks highlighted in yellow have made market-moving announcements (click headings to sort).

Code	Description	Last	%	Volume	MktCap
FXG	Felix Gold Limited	0.084	68.0	5,514,167	$12,776,542
WIN	WIN Metals	0.04	33.3	342,681	$9,898,188
ECS	ECS Botanics Holding	0.017	30.8	3,232,319	$16,751,144
CRR	Critical Resources	0.0115	27.8	3,650,000	$16,023,153
ESR	Estrella Res Ltd	0.005	25.0	378,400	$7,037,487
LPD	Lepidico Ltd	0.0025	25.0	547,979	$17,178,250
SHO	Sportshero Ltd	0.005	25.0	4,483,111	$2,471,331
VML	Vital Metals Limited	0.0025	25.0	2,894,922	$11,790,134
CBY	Canterbury Resources	0.037	23.3	258,297	$5,923,227
CCX	City Chic Collective	0.125	22.0	9,173,371	$35,930,426

Felix Gold (ASX:FXG) was climbing well on Wednesday morning, after the company announced exceptional high-grade antimony assay results from drilling at its Treasure Creek project, after re-testing samples that had previously been assayed for gold. Historic drill samples returned antimony results including 3.0m @ 14.24% Sb from 7.62m, and 15.2m @ 5.5% Sb from 21.3m including 6.1m @ 13% Sb.

WIN Metals (ASX:WIN) was up after announcing plans to acquire the Palm Springs Gold Project in the Kimberley region of Western Australia from Meteoric Resources via a tenement sale agreement, which boasts an already established high-grade mineral resource of some 357,000oz (5.6Mt @ 2.0g/t) of gold based around two resource area, and produced 52,000oz produced between 1995 and 1997.

ECS Botanics (ASX:ECS) announced its annual results, showing revenue of $20.5 million – up 31% on pcp, delivering NPAT of 2.0 million, up a bumper 305% on pcp. The company was also celebrating a bumper crop 6.6 tonnes, up 57% on pcp with sell-through initiatives in place, and has begun construction on 9 new Protective Crop Enclosures.

Canterbury Resources (ASX:CBY) gained Wednesday morning on news of “outstanding” drilling results from large-scale Briggs copper-molybdenum project in central Queensland, including a bumper 276m at 0.45% Cu and 24ppm Mo from surface, with around 50% of that mineralisation occurring beyond the current boundary of the site’s existing inferred mineral resource.

City Chic Collective (ASX:CCX) was up after announcing FY24 sales revenue of $131.6m (down 28.3% on FY23), which has led to an underlying EBITDA loss of $8.4m, which is a 47.3% improvement on FY23 and 9.8% ahead of proforma forecast, and also the departure of the company’s Chief Financial Officer Peter McClelland, who is leaving the company in mid-October.

LAGGARDS

Stocks highlighted in red have made market-moving announcements (click headings to sort).

Code	Company	Price	%	Volume	Market Cap
FHE	Frontier Energy Ltd	0.26	-42.9	998,751	$203,283,499
AMD	Arrow Minerals	0.002	-33.3	214,042,172	$31,618,095
FGH	Foresta Group	0.004	-20.0	3,693,968	$11,776,895
TFL	Tasfoods Ltd	0.013	-18.8	569,046	$6,993,528
AVE	Avecho Biotech Ltd	0.0025	-16.7	500,000	$9,507,891
JAV	Javelin Minerals Ltd	0.0025	-16.7	327,500	$12,830,539
ADH	Adairs Limited	1.745	-14.9	1,073,830	$358,099,691
SWF	Selfwealth	0.115	-14.8	140,879	$31,349,786
DTR	Dateline Resources	0.006	-14.3	7,800,000	$15,541,259
PAB	Patrys Limited	0.006	-14.3	20,000	$14,402,131