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EQ Resources Limited ( (AU:EQR) ) has shared an announcement.
EQ Resources Limited has issued 2,284,260 fully paid ordinary shares following the exercise of options at an issue price of $0.0675 per share and has lodged a cleansing notice under Section 708A of the Corporations Act to enable the shares to be traded without a disclosure document. The company confirmed it is in compliance with its continuous disclosure and financial reporting obligations and that there is no undisclosed price-sensitive information, a move that maintains transparency for investors while modestly expanding its capital base in support of its tungsten-focused growth strategy.
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 mining company focused on tungsten, a critical mineral, with key operations at the Mt Carbine project in North Queensland and the Barruecopardo project in Spain. The company positions itself as a leading global tungsten producer by applying advanced minerals processing technologies and developing unexploited resources across multiple jurisdictions, aiming to grow as a sustainable supplier to the new economy and critical minerals markets while creating shareholder value through exploration, development, and strategic opportunities.
Average Trading Volume: 24,075,288
Technical Sentiment Signal: Buy
Current Market Cap: A$382.9M
Find detailed analytics on EQR stock on TipRanks’ Stock Analysis page.