Claim 50% Off TipRanks Premium
- 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 6,142,575 fully paid ordinary shares following the exercise of options at various strike prices, with the new shares issued without a prospectus in reliance on provisions of the Corporations Act. The company confirmed it is compliant with its continuous disclosure and financial reporting obligations and stated there is no undisclosed price-sensitive information, meaning the new securities can trade freely and providing comfort to investors about transparency and regulatory adherence.
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 a tungsten-focused mining company listed on the Australian Securities Exchange, specialising in the sustainable mining and processing of tungsten. Its key assets are the Mt Carbine project in North Queensland, Australia, and the Barruecopardo project in Spain’s Salamanca Province, where it aims to leverage advanced processing technologies and underdeveloped resources to position itself as a leading global supplier of this critical mineral within the broader new-economy and critical minerals sector.
Average Trading Volume: 29,937,464
Technical Sentiment Signal: Buy
Current Market Cap: A$827M
For a thorough assessment of EQR stock, go to TipRanks’ Stock Analysis page.