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EQ Resources Limited ( (AU:EQR) ) has issued an update.
EQ Resources Limited has applied to the ASX for quotation of 6,142,575 new fully paid ordinary shares (ASX code: EQR), following the issue of these securities on 29 January 2026. The move increases the company’s quoted share capital and reflects the conversion or exercise of existing options or other convertible securities, a step that may modestly enhance liquidity in EQR’s stock and slightly dilute existing shareholders while providing additional equity to support its ongoing corporate activities.
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
Average Trading Volume: 29,937,464
Technical Sentiment Signal: Buy
Current Market Cap: A$827M
Learn more about EQR stock on TipRanks’ Stock Analysis page.