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EQ Resources Limited ( (AU:EQR) ) just unveiled an update.
EQ Resources Limited has applied to the Australian Securities Exchange for quotation of 131,868,132 new fully paid ordinary shares issued on 18 December 2025. The shares have been allotted to Cronimet Asia Pte Ltd under a previously announced agreement to convert debt into equity, a move that reduces the company’s debt burden while expanding its share base and potentially strengthening its balance sheet and strategic relationship with a key creditor.
The most recent analyst rating on (AU:EQR) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on EQ Resources Limited stock, see the AU:EQR Stock Forecast page.
More about EQ Resources Limited
EQ Resources Limited is an Australian-listed company trading under the ASX code EQR. While the release does not detail its operations, the company is active in the resources sector and raises capital through equity on the Australian Securities Exchange, indicating a focus on resource development and related projects funded via public markets.
Average Trading Volume: 20,525,892
Technical Sentiment Signal: Buy
Current Market Cap: A$290.3M
For a thorough assessment of EQR stock, go to TipRanks’ Stock Analysis page.