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EQ Resources Limited ( (AU:EQR) ) just unveiled an update.
EQ Resources Limited has issued 570,245,602 fully paid ordinary shares at an issue price of $0.032 each without disclosure to investors under the Corporations Act. This strategic move is part of the company’s efforts to enhance its financial position and support its ongoing projects in the tungsten mining sector, potentially strengthening its market position and offering growth opportunities for stakeholders.
More about EQ Resources Limited
EQ Resources Limited is a leading global tungsten mining company dedicated to sustainable mining and processing practices. The company is listed on the Australian Securities Exchange and focuses on expanding its world-class tungsten assets at Mt Carbine in North Queensland, Australia, and Barruecopardo in Salamanca Province, Spain. It leverages advanced minerals processing technology and unexploited resources across multiple jurisdictions, aiming to be a globally leading supplier of tungsten.
Average Trading Volume: 4,464,987
Technical Sentiment Signal: Sell
Current Market Cap: A$108.2M
See more data about EQR stock on TipRanks’ Stock Analysis page.