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The latest announcement is out from EQ Resources Limited ( (AU:EQR) ).
EQ Resources Limited has issued 4,460,650 fully paid ordinary shares upon the exercise of options, at prices of $0.065 and $0.0675 per share, and has lodged the required cleansing notice confirming these shares were issued without a prospectus under relevant Corporations Act provisions. The company states it is compliant with its continuous disclosure and reporting obligations and that there is no undisclosed price-sensitive information, a move that supports secondary trading liquidity for the new shares and signals ongoing operational and regulatory stability for investors.
The most recent analyst rating on (AU:EQR) stock is a Hold with a A$0.09 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 specialising in tungsten, a critical mineral, with core operations at the Mt Carbine project in North Queensland, Australia, and the Barruecopardo project in Salamanca Province, Spain. The company focuses on sustainable mining and advanced minerals processing technologies to expand and monetise its tungsten assets, while pursuing additional opportunities across the new economy and critical minerals sector globally.
Average Trading Volume: 25,531,144
Technical Sentiment Signal: Buy
Current Market Cap: A$396.9M
See more data about EQR stock on TipRanks’ Stock Analysis page.