EQ Resources Limited (ASX:EQR)

Australia flag Australia · Delayed Price · Currency is AUD
0.2300
-0.0050 (-2.13%)
Jun 5, 2026, 4:16 PM AEST
Market Cap1.16B +907.4%
Revenue (ttm)75.45M +34.1%
Net Income-22.59M
EPS-0.01
Shares Out 5.07B
PE Ration/a
Forward PE21.18
Dividendn/a
Ex-Dividend Daten/a
Volume19,627,173
Open0.2400
Previous Close0.2350
Day's Range0.2250 - 0.2400
52-Week Range0.0280 - 0.3900
Beta0.39
AnalystsHold
Price Target0.37 (+60.87%)
Earnings DateSep 29, 2026

About John Keells Holdings

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]

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

Analyst Summary

According to 2 analysts, the average rating for EQR stock is "Hold." The 12-month stock price target is $0.37, which is an increase of 60.87% from the latest price.

Price Target
$0.37
(60.87% upside)
Analyst Consensus: Hold
Stock Forecasts

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...

5 weeks 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.

5 weeks ago - Transcripts

EQ Resources Earnings release: Q3 2026

EQ Resources released its Q3 2026 earnings on April 28, 2026, summarizing the period's financial results.

5 weeks ago - Filings

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 Quarterly report: H1 2026

EQ Resources has published its H1 2026 quarterly earnings report on March 12, 2026.

3 months ago - Filings

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

3 months ago - TheFly

EQ Resources Earnings release: Q2 2026

EQ Resources released its Q2 2026 earnings on January 1, 2026, summarizing the period's financial results.

5 months ago - Filings

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 Slides: FY 2025

EQ Resources has posted slides in relation to its FY 2025 quarterly earnings report, which was published on November 26, 2025.

6 months ago - Filings

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.

7 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 Earnings release: Q1 2026

EQ Resources released its Q1 2026 earnings on October 30, 2025, summarizing the period's financial results.

7 months ago - Filings

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.

8 months ago - Filings

EQ Resources Annual report: H2 2025

EQ Resources has published its H2 2025 annual report on September 29, 2025.

8 months ago - Filings

EQ Resources Slides: Investor Presentation

EQ Resources has posted slides in relation to its latest quarterly earnings report, which was published on September 4, 2025.

9 months ago - Filings

EQ Resources Earnings release: Q4 2025

EQ Resources released its Q4 2025 earnings on July 30, 2025, summarizing the period's financial results.

11 months ago - Filings

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.

11 months ago - Transcripts

EQ Resources Slides: Noosa Mining Investor Conference

EQ Resources has posted slides in relation to its latest quarterly earnings report, which was published on July 23, 2025.

11 months ago - Filings