EQ Resources is trading 11.39% down at A$0.35, with coverage describing the fall as profit-taking after a rally of more than 500% this year; no clear company-specific negative catalyst was identified. - On October 6, the company reported record September-quarter revenue of A$158.8 million, cash of A$82.3 million and production up 81% quarter-on-quarter. - The broader materials sector was higher, and available evidence does not point to sector or market weakness as the driver.