EQ Resources Limited (ASX:EQR)

Australia flag Australia · Delayed Price · Currency is AUD
0.2450
0.00 (0.00%)
May 18, 2026, 4:10 PM AEST
Market Cap1.24B +1,122.5%
Revenue (ttm)75.45M +34.1%
Net Income-22.59M
EPS-0.01
Shares Out5.06B
PE Ration/a
Forward PE22.56
Dividendn/a
Ex-Dividend Daten/a
Volume25,310,001
Average Volume34,822,058
Open0.2400
Previous Close0.2450
Day's Range0.2320 - 0.2500
52-Week Range0.0280 - 0.3900
Beta0.40
RSI40.34
Earnings DateSep 29, 2026

About EQ Resources

EQ Resources Limited explores for and produces tungsten, gold, and other mineral resources in Australia. Its flagship property is the Mt Carbine project comprising ML 4867 covering an area of 358.5 hectares and 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. EQ Resources Limited was incorporated in 2005 and is headquartered in Melbourne, Australia. [Read more]

Sector Materials
Founded 2005
Employees 259
Stock Exchange Australian Securities Exchange
Ticker Symbol EQR
Full Company Profile

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 Statements

News

EQ Resources Walks Away From Tungsten Metals Group Deal; Stock Down

(RTTNews) - EQ Resources Limited (EQR.AX), a tungsten mining company, said Friday that it will not proceed with its proposed acquisition of Tungsten Metals Group Limited, citing a strategic review tha...

17 days ago - Nasdaq

EQ Resources Earnings Call Transcript: Q3 2026

Tungsten prices surged, boosting revenues and investor interest despite weather-impacted production delays. Strategic drilling, plant expansion, and strong cash flow position the company for growth, with no immediate capital needs and robust demand outlook.

19 days ago - Transcripts

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.

2 months ago - Transcripts

EQ Resources initiated with a Buy at Canaccord

Canaccord analyst William Jones initiated coverage of EQ Resources (EQRLF) with a Buy rating and A$0.40 price target The firm sees the company posting “material” production growth against a strong

2 months ago - TheFly

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.

6 months ago - Transcripts

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.

6 months ago - Transcripts

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.

7 months ago - Transcripts

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.

10 months ago - Transcripts

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.

1 year ago - Transcripts