EQ Resources Limited (ASX:EQR)
| Market Cap | 1.47B +1,417.6% |
| Revenue (ttm) | 75.45M +34.1% |
| Net Income | -22.59M |
| EPS | -0.01 |
| Shares Out | 5.06B |
| PE Ratio | n/a |
| Forward PE | 14.30 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 38,804,199 |
| Average Volume | 31,465,986 |
| Open | 0.2650 |
| Previous Close | 0.2900 |
| Day's Range | 0.2650 - 0.2950 |
| 52-Week Range | 0.0280 - 0.3900 |
| Beta | 0.50 |
| RSI | 48.24 |
| Earnings Date | Jun 11, 2026 |
About EQ Resources
EQ Resources Limited explores for and produces tungsten and mineral resources in Australia. The company also explores for gold deposits. Its flagship property is the Mt Carbine project comprising ML 4867 covering an area of approximately 358.5 hectares, as well as ML 4919 covering an area of 7.891 hectares located in Far North Queensland. The company was formerly known as Speciality Metals International Limited and changed its name to EQ Resources Limited in December 2020. The company was incorporated in 2005 and is based in Mount Carbine, Aust... [Read more]
Financial Performance
In fiscal year 2025, EQ Resources's revenue was 66.33 million, an increase of 141.52% compared to the previous year's 27.46 million. Losses were -39.31 million, 41.8% more than in 2024.
Financial StatementsNews
EQ Resources Transcript: AGM 2026
The meeting addressed 13 resolutions, including share and option issues for directors and a major investor, with voting conducted via poll. Shareholders raised concerns about AGM delays, capital raising participation, and director incentives, with management citing regulatory compliance and market conditions.
EQ Resources Transcript: AGM 2025
The AGM covered financial results, board changes, and strategic plans, including improved recovery rates, debt refinancing, and expansion opportunities. Key risks discussed were safety, market supply constraints, and operational challenges, with positive outlooks for both main assets.
EQ Resources Transcript: Investor Update
Tungsten prices remain at record highs due to a global supply deficit, with operations in Australia and Spain ramping up production and recoveries. Financial restructuring and governance improvements are underway, while exploration and market diversification initiatives support future growth.
EQ Resources Transcript: EGM 2025
The meeting addressed three key resolutions regarding share and option issuances, with voting conducted online and no shareholder questions raised. Final poll results will be announced on the ASX platform.
EQ Resources Transcript: Noosa Mining Investor Conference
Tungsten market tightening due to geopolitical shifts is driving prices higher, with strong demand in defense and industry. The company is expanding production in Spain and Australia, securing funding, and leveraging global partnerships to strengthen its market position.
EQ Resources Transcript: EGM 2025
The meeting covered five resolutions on share placements, options, and convertible notes, with no shareholder questions raised. Voting was conducted virtually, and results will be announced on the ASX platform.