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EQ Resources Limited ( (AU:EQR) ) has issued an update.
EQ Resources Limited has disclosed a change in the holdings of director Stephen Robert Weir, who previously held a mix of fully paid ordinary shares and unlisted options in the company. The disclosure forms part of the company’s regular reporting obligations to the ASX regarding directors’ interests.
On 4 February 2026, Weir exercised a total of 3,740,741 unlisted options, converting them into the same number of fully paid ordinary shares at exercise prices of $0.0675 and $0.07 per share. Following these transactions, his direct holding increased to 6,820,105 fully paid ordinary shares, signalling a greater direct equity stake and potentially reinforcing market confidence in the company’s outlook among investors and other stakeholders.
The most recent analyst rating on (AU:EQR) stock is a Hold with a A$0.20 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 active in the resources sector. The company is involved in the exploration and development of mineral assets, with its equity traded via fully paid ordinary shares on the ASX, and it also uses unlisted options as part of its capital structure and executive or director incentive arrangements.
Average Trading Volume: 33,877,748
Technical Sentiment Signal: Buy
Current Market Cap: A$856.9M
Learn more about EQR stock on TipRanks’ Stock Analysis page.