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Equinox Resources Limited
(Sydney:EQN)
Equinox Resources Limited (EQN) vs. iShares MSCI Australia ETF (EWA)
Equinox Resources Limited Business Overview & Revenue Model
Equinox Resources Limited Financial Statement Overview
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|
Income Statement | ||||
| Total Revenue | 18.71K | 2.06K | 0.00 | 0.00 |
| Gross Profit | 1.75K | -61.49K | -28.81K | 0.00 |
| EBITDA | -1.68M | -1.16M | -2.85M | 0.00 |
| Net Income | -1.75M | -1.22M | -3.04M | 0.00 |
Balance Sheet | ||||
| Total Assets | 19.33M | 15.90M | 16.81M | 0.00 |
| Cash, Cash Equivalents and Short-Term Investments | 5.26M | 4.27M | 6.11M | 0.00 |
| Total Debt | 73.13K | 126.38K | 62.49K | 0.00 |
| Total Liabilities | 454.08K | 479.52K | 182.14K | 0.00 |
| Stockholders Equity | 18.88M | 15.42M | 16.63M | 0.00 |
Cash Flow | ||||
| Free Cash Flow | -4.22M | -1.79M | -1.99M | 0.00 |
| Operating Cash Flow | -1.62M | -1.08M | -1.39M | 0.00 |
| Investing Cash Flow | -2.60M | -713.29K | -596.86K | 0.00 |
| Financing Cash Flow | 5.22M | -48.01K | 8.09M | 0.00 |
Equinox Resources Limited Technical Analysis
Equinox Resources Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
46 Neutral | AU$11.81M | ― | -17.38% | ― | ― | -37.57% | |
44 Neutral | C$864.60M | -6.74 | -14.91% | 2.77% | 16.77% | -26.72% | |
| ― | $15.68M | 5.33 | 4.26% | ― | ― | ― | |
47 Neutral | AU$33.98M | 1.67 | 17.20% | ― | ― | ― | |
34 Underperform | AU$29.84M | ― | -277.03% | ― | ― | -540.00% | |
| ― | AU$30.22M | ― | ― | ― | ― | ||
28 Underperform | AU$22.35M | ― | -15.31% | ― | ― | 32.72% |
Equinox Resources Limited Corporate Events
Equinox Resources Limited has successfully raised A$3 million to advance its key projects, including the Mata da Corda Titanium Project, where high-grade titanium mineralization has been confirmed, and the Alturas Antimony Project, which has received authorization for extensive exploration activities. The company is also navigating legal challenges related to the Hamersley Iron Ore Project, with significant implications for its operations depending on the outcomes of judicial reviews and tribunal decisions.
Equinox Resources Limited has released a report detailing the top 20 holders of its listed options, which are set to expire on July 11, 2028, at a price of $0.145. The report highlights that Celtic Finance Corp Pty Ltd is the largest holder with a 13.48% stake, followed by CPS Capital No 5 Pty Ltd with 7.43%. The total holdings of these top 20 stakeholders account for 60.73% of the issued capital, indicating a significant concentration of ownership among a few entities.
Equinox Resources Limited has released a holdings range report for its listed options expiring on July 11, 2028, with a strike price of $0.145. The report indicates that the majority of the issued share capital, 82.60%, is held by 60 holders with over 100,000 units each, suggesting a concentrated ownership structure. This distribution could impact the company’s market dynamics and investor relations by highlighting the significant influence of a few large stakeholders.
Equinox Resources Limited has announced a new issuance of securities, specifically options exercisable at $0.145, with an expiry date set for July 11, 2028. This issuance, totaling 21,789,453 securities, is part of the company’s strategic financial maneuvers to enhance its market positioning and potentially attract new investors, reflecting its ongoing commitment to growth and expansion.
Equinox Resources Limited has announced an update regarding the proposed issue of securities, following shareholder approval for the issuance of options. This development signifies a strategic move for the company, potentially impacting its market operations and stakeholder interests by expanding its financial capabilities through the issuance of new securities.
Equinox Resources Limited is issuing a prospectus for the offer of up to 15,789,453 Quoted Options to Placement Participants and up to 6,000,000 Quoted Options to the Lead Manager. This move is part of their strategic financial structuring to enhance capital and potentially influence the company’s control dynamics. The issuance of these options is speculative and highlights the company’s efforts to strengthen its financial position and market presence.
Equinox Resources Limited has announced the issuance of 616,448 fully paid ordinary shares as part of tranche 2 of a placement approved by shareholders. This move is in compliance with the Corporations Act 2001, and the company has confirmed adherence to relevant legal provisions, ensuring transparency and regulatory compliance. The issuance aims to strengthen the company’s financial position, potentially impacting its market operations and stakeholder interests positively.
Equinox Resources Limited has announced the issuance of 616,448 fully paid ordinary securities, which are set to be quoted on the ASX. This move is part of a previously announced transaction and is expected to enhance the company’s capital structure, potentially impacting its market positioning and providing opportunities for growth.
Equinox Resources Limited has reported final assays from its drilling program at the Pindaibas South and Olegario East targets, revealing high-grade titanium and rare earth elements at surface levels. The results, including intercepts up to 17.4% TiO₂, confirm the district-scale continuity of high-grade mineralization, with significant exploration potential remaining across the largely untested 972 km² Mata da Corda Project. The company plans to incorporate these findings into a maiden Exploration Target and expand its metallurgical program, which will be followed by mining and economic evaluations.
Equinox Resources Limited announced that all resolutions presented at their recent General Meeting were successfully passed by a poll. This outcome supports the company’s strategic initiatives, including the ratification and approval of various placement shares and options, which could strengthen their financial position and enhance their market operations.
Equinox Resources Limited has announced the receipt of promising assay results from its Mata da Corda Titanium Project, with high-grade titanium dioxide intervals exceeding 20%. The drilling at the Olegario South Target has revealed significant mineralization, indicating a large-scale potential for the project. The discovery of two new targets, Olegario West and East, extends the mineralized strike to 15km, underscoring the ongoing exploration potential. The company is moving closer to a maiden resource estimate, expected in Q3 2025, which could significantly impact its operations and market positioning.
Equinox Resources Limited has confirmed the presence of refinery-grade bauxite and gallium at its Campo Grande Project in Bahia, Brazil. The project showcases significant extractable alumina and favorable alumina-to-silica ratios, suitable for efficient low-temperature Bayer processing. The strategic location near key infrastructure enhances the project’s export potential, while the presence of gallium as a by-product adds to its strategic metals value. These developments position Equinox Resources favorably within the critical minerals sector, aligning with the growing demand for secure sources of alumina and strategic metals.
Equinox Resources Limited has secured a Multi-Year Area-Based Notice of Work permit for its Alturas Antimony Project in British Columbia, Canada, marking a significant milestone in its exploration efforts. The permit allows for various exploration activities, including drilling and geophysical surveys, as the company aims to assess the high-grade stibnite project’s potential. The company has also engaged in strong collaboration with local Indigenous groups, reflecting its commitment to respectful engagement and regulatory alignment, which has been positively received by several Nations.
Equinox Resources Limited has completed its maiden drilling campaign at the Mata da Corda Titanium Project in Brazil, revealing high-grade titanium intercepts. The drilling, which covered 6,359 metres, indicates the project’s potential as a significant source of titanium and critical minerals. With assays from 39 new drill holes showing promising results, the company is optimistic about the project’s future, aiming to optimize titanium dioxide recovery and establish a maiden Mineral Resource Estimate.
Equinox Resources Limited has announced a General Meeting for its shareholders, scheduled for 18 June 2025 in Perth. The company is encouraging shareholders to participate in the voting process either by proxy or in person, with all voting to be conducted on a poll. The meeting materials are available online, and shareholders are urged to communicate electronically to reduce costs and environmental impact.
Equinox Resources Limited has announced a change in the voting power of its substantial holder, Battery Age Minerals Ltd. The voting power of Battery Age Minerals has decreased from 27.97% to 22.31% due to dilution from equity placements. This change reflects a shift in the company’s shareholder structure, which may impact its strategic decisions and stakeholder interests.
Equinox Resources Limited has announced the quotation of 30,962,500 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of May 9, 2025. This move is part of previously announced transactions and is expected to enhance the company’s market presence and liquidity, potentially benefiting stakeholders by increasing the company’s capital base and investment appeal.
Equinox Resources Limited has successfully completed the first tranche of its strategic capital raise, generating $2.94 million through the issuance of 30,962,500 fully paid ordinary shares. This capital raise is part of a two-tranche placement aimed at enhancing the company’s financial capacity, with the second tranche pending shareholder approval. The completion of this tranche strengthens Equinox’s financial position, potentially impacting its operational capabilities and market strategy.
Equinox Resources Limited has reported promising drill assay results from its ongoing exploration at the Mata da Corda Titanium Project in Brazil. The results reveal high-grade titanium dioxide intercepts, with significant mineralization found near the surface across multiple targets. This indicates a substantial potential for resource development, with only a small fraction of the project area explored so far. The company is continuing its drilling efforts and testwork to optimize titanium recovery, aiming to establish a maiden Mineral Resource Estimate. These developments could enhance Equinox’s positioning in the mineral resources market and offer substantial benefits to stakeholders.