Claim 70% 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
EQ Resources Limited ( (AU:EQR) ) has provided an announcement.
EQ Resources has issued 8,416,161 new fully paid ordinary shares following the exercise of options, with tranches priced at 4.88 cents and 6.75 cents per share. The company has confirmed that the issuance was conducted without a prospectus under the Corporations Act, that it remains compliant with key financial reporting and continuous disclosure obligations, and that there is no undisclosed material information, providing reassurance to investors about its governance and regulatory standing.
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-listed mining company focused on tungsten, a critical mineral used in a range of industrial and technological applications. It operates and expands world-class tungsten assets at Mt Carbine in North Queensland and Barruecopardo in Spain, applying advanced mineral processing technologies and sustainable mining practices to position itself as a leading global supplier in the critical minerals and new economy sectors.
Average Trading Volume: 25,583,868
Technical Sentiment Signal: Buy
Current Market Cap: A$438.4M
For a thorough assessment of EQR stock, go to TipRanks’ Stock Analysis page.