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
Equinox Resources Limited ( (AU:EQN) ) has issued an announcement.
Equinox Resources Limited has announced a strategic capital raise of A$3 million through a two-tranche placement to sophisticated and professional investors. This funding will support key milestones in their flagship projects, including the Mata da Corda Titanium Project in Brazil, the Alturas Antimony Project in Canada, and the Hamersley Iron Ore Project in Western Australia. The placement, which includes free attaching options, reflects strong investor confidence and is expected to enhance the company’s operational momentum and value creation for shareholders.
More about Equinox Resources Limited
Equinox Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary projects include titanium, antimony, and iron ore assets located in Brazil, Canada, and Western Australia, respectively.
YTD Price Performance: 15.00%
Average Trading Volume: 190,931
Technical Sentiment Signal: Sell
Current Market Cap: A$14.24M
For detailed information about EQN stock, go to TipRanks’ Stock Analysis page.