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An update from EQ Resources Limited ( (AU:EQR) ) is now available.
EQ Resources Ltd, a prominent tungsten producer, is actively working on refinancing its €20 million Spanish debt, with €15 million due in December 2025 and €5 million in January 2026. The company has received term sheets for refinancing, including a repayment plan involving €3.5 million from available cash and new term facilities for the remaining balance. Discussions with Spanish lenders are progressing well, supported by Oaktree Capital Management’s Letters of Guarantee, ensuring continuity while new financing arrangements are finalized.
The most recent analyst rating on (AU:EQR) stock is a Hold with a A$0.05 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 leading global tungsten mining company dedicated to sustainable mining and processing practices. It is listed on the Australian Securities Exchange and focuses on expanding its tungsten assets in Australia and Spain. The company aims to be a globally leading supplier of tungsten and seeks to create shareholder value through exploration and development of its projects.
Average Trading Volume: 16,364,183
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$182.2M
For a thorough assessment of EQR stock, go to TipRanks’ Stock Analysis page.