Equatorial Resources Limited (AU:EQX) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Equatorial Resources Limited has announced promising assay results from its Nimba Alliance Iron Ore Project in Guinea, revealing high-grade iron mineralization at the D1 Target. The company is preparing for a maiden drill program to further explore these findings, while also actively pursuing international arbitration against the Republic of Congo over investment disputes. With a strong cash reserve of $13.7 million, Equatorial is well-positioned to advance its exploration initiatives and legal proceedings.
For further insights into AU:EQX stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue