Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An update from EQ Resources Limited ( (AU:EQR) ) is now available.
EQ Resources Limited has issued 15 million fully paid ordinary shares following the exercise of an equivalent number of options at an issue price of A$0.0448 per share. The company confirmed the shares were issued without a disclosure document under the relevant Corporations Act provisions, that it remains compliant with its financial reporting and continuous disclosure obligations, and that there is no undisclosed price-sensitive information requiring release, effectively cleansing the new shares for trading and supporting its capital structure as it advances its tungsten projects.
The most recent analyst rating on (AU:EQR) stock is a Hold with a A$0.08 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 Securities Exchange-listed tungsten mining company focused on sustainable mining and processing. It is expanding world-class tungsten assets at Mt Carbine in North Queensland and Barruecopardo in Spain, leveraging advanced minerals processing technologies and underdeveloped resources to position itself as a leading global supplier of the critical mineral. The company seeks to create shareholder value by advancing its existing project portfolio and pursuing new opportunities in the broader critical minerals and new-economy sectors worldwide.
Average Trading Volume: 21,964,310
Technical Sentiment Signal: Buy
Current Market Cap: A$354M
See more data about EQR stock on TipRanks’ Stock Analysis page.