EQ Resources Limited (ASX:EQR)
Australia · Delayed Price · Currency is AUD | Market Cap | 2.39B +2,007.5% |
| Revenue (ttm) | 75.45M +34.1% |
| Net Income | -22.59M |
| EPS | -0.01 |
| Shares Out | 5.14B |
| PE Ratio | n/a |
| Forward PE | 89.94 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 82,782,661 |
| Open | 0.4600 |
| Previous Close | 0.4650 |
| Day's Range | 0.4250 - 0.4650 |
| 52-Week Range | 0.0280 - 0.4700 |
| Beta | 0.37 |
| Analysts | Strong Buy |
| Price Target | 0.51 (+12.09%) |
| Earnings Date | Sep 29, 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 StatementsAnalyst Summary
According to 2 analysts, the average rating for EQR stock is "Strong Buy." The 12-month stock price target is $0.51, which is an increase of 12.09% from the latest price.
News
Queensland tungsten bound for US in $105m critical minerals deal
Premier David Crisafulli says the deal for EQ Resources to supply 4000 tonnes to a restarted plant in Nevada will bolster efforts to cut China’s dominance.
EQ Resources to take 10% stake in Nevada tungsten project JV with Elmet, Blue Moon
Australian miner EQ Resources said on Tuesday it would take a 10% stake in a joint venture with Nasdaq-listed Elmet Group and Blue Moon Metals to restart the Springer tungsten project in Nevada.
EQ Resources Shares Jump 11.04% as Tungsten Prices Surge to Record Highs on Deepening Global Supply Crunch
EQ Resources shares climbed as record tungsten prices, stronger production and investor backing supported the Australian producer's rapid expansion across mines in Queensland and Spain.
EQ Resources Shares Tumble 9% As ASX Miners Slide, Extending Pullback From 2026's Explosive Tungsten Rally
EQ Resources shares fell 9.41% amid a market selloff, despite benefiting from a tungsten price surge. The decline reflects broader market pressures rather than company-specific issues.
EQ Resources Earnings release: Q4 2026
EQ Resources released its Q4 2026 earnings on July 27, 2026, summarizing the period's financial results.
EQ Resources Slides: Investor presentation
EQ Resources has posted slides in relation to its latest quarterly earnings report, which was published on July 13, 2026.
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.
EQ Resources Earnings release: Q3 2026
EQ Resources released its Q3 2026 earnings on April 28, 2026, summarizing the period's financial results.
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 Quarterly report: H1 2026
EQ Resources has published its H1 2026 quarterly earnings report on March 12, 2026.
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…
EQ Resources Earnings release: Q2 2026
EQ Resources released its Q2 2026 earnings on January 1, 2026, summarizing the period's financial results.
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 Slides: FY 2025
EQ Resources has posted slides in relation to its FY 2025 quarterly earnings report, which was published on November 26, 2025.
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 Earnings release: Q1 2026
EQ Resources released its Q1 2026 earnings on October 30, 2025, summarizing the period's financial results.
EQ Resources Slides: Investor Presentation
EQ Resources has posted slides in relation to its latest quarterly earnings report, which was published on October 22, 2025.
EQ Resources Annual report: H2 2025
EQ Resources has published its H2 2025 annual report on September 29, 2025.