Top 10 at 11: Digital ads and drilling down the road from Hemi are today's news

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: The ASX finished the week on Friday by closing at an all time high – 8,209.5 points in case you missed the memo – after the US enjoyed a market boost from the Fed’s long-anticipated 50 basis point rate cut.

But it appears the honeymoon is already over, after Wall Street saw profit-taking on Friday combined with a fair whack of risk reassessment, and that left the ASX 200 Futures index pointing nearly 1.0% lower pre-market this morning.

In the opening minutes of the session, the market fell to 8,131 points, and 30 minutes into the morning the ASX 200 benchmark was down 0.65% and working hard to regain lost ground.

WINNERS

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

Security	Description	Last	%	Volume	MktCap
JPR	Jupiter Energy	0.025	56.3	2,223	$20,391,768
AMD	Arrow Minerals	0.003	50.0	89,239	$25,378,730
ODE	Odessa Minerals	0.003	50.0	180,079	$2,086,565
NOV	Novatti Group	0.085	37.1	419,702	$22,056,528
AAU	Antilles Gold	0.004	33.3	476,033	$5,567,228
MXO	Motio	0.024	33.3	1,984,856	$4,827,570
CAV	Carnavale Resources	0.005	25.0	110,000	$16,360,874
GTI	Gratifii	0.005	25.0	10,000	$8,596,785
HLX	Helix Resources	0.005	25.0	2,000,000	$13,056,775
NAE	New Age Exploration	0.005	25.0	200,000	$7,175,596

Audience Experience & Digital Place Based media company Motio (ASX:MXO) was up on Monday morning, after delivering an investor update to the market, drawing attention to the company’s performance in FY24. Motio says that it has managed to bring in a 27% rise in revenue to $8.367 million on a gross margin of 72%, with the company guidance for FY25 coming in at a 10%-15% increase on pcp, targeting between $9.2 million to $9.6 million.

New Age Exploration (ASX:NAE) was also rising on Monday morning, on news that the company has begun exploration drilling at the Wagyu Gold Project in the Pilbara, WA. The company plans to drill approximately 4,300 metres in Phase 2, continuing to test “high-priority targets, including potential ‘Hemi-Style’ intrusive systems”, as it is just 9km along strike from De Grey’s ~10.5Moz Hemi gold deposit.

Mithril Silver and Gold (ASX:MTH) was rising early on Monday morning, most likely on the back of Friday’s report that the company has hit a fantastic intercept at its Copalquin project in Mexico. The company says the drill result has come back at a breathtaking 7m grading 144g/t gold and 1162g/t silver, with that intercept from a down-hole depth of just 18m forming part of a broader 33m intersection at 31.8g/t gold and 274g/t silver from surface.

And Novatti (ASX:NOV) is showing as a winner this morning, but the announcement it delivered this morning was simply a notice of its AGM.

LAGGARDS

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

Code	Company	Price	%	Volume	Market Cap
ENT	Enterprise Metals	0.003	-25.0	328,096	$4,413,269
PRX	Prodigy Gold	0.0015	-25.0	1,228,749	$4,235,549
RNE	Renu Energy	0.0015	-25.0	14,503,500	$1,528,268
CTO	Citigold Corp	0.004	-20.0	1,536,910	$15,000,000
AIV	ActiveX	0.005	-16.7	328,190	$1,293,015
CUL	Cullen Resources	0.005	-16.7	2,015,400	$4,160,411
LML	Lincoln Minerals	0.005	-16.7	2,411,087	$12,337,557
SHV	Select Harvests	3.74	-15.6	198,236	$536,429,099
INF	Infinity Lithium	0.03	-14.3	302,828	$16,190,723
ZNC	Zenith Minerals	0.037	-14.0	8,000	$15,152,378