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An announcement from EQ Resources Limited ( (AU:EQR) ) is now available.
EQ Resources Limited has issued 25 million fully paid ordinary shares at an issue price of $0.04 per share, as part of their ongoing corporate strategy to expand and enhance operations. This issuance, compliant with relevant sections of the Corporations Act, reflects the company’s commitment to increasing its asset base and strengthening its position in the critical minerals sector.
More about EQ Resources Limited
EQ Resources Limited is a leading tungsten mining company focused on sustainable mining and processing practices. It is listed on the Australian Securities Exchange and aims to expand its tungsten assets in Mt Carbine, Australia, and Barruecopardo, Spain. The company leverages advanced mineral processing technology to become a global leader in tungsten supply and holds gold exploration licenses in New South Wales.
YTD Price Performance: -7.50%
Average Trading Volume: 2,882,728
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$87.32M
For a thorough assessment of EQR stock, go to TipRanks’ Stock Analysis page.
