Breakdown | |||||
TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | EBIT |
― | -1.04M | -1.77M | -2.14M | -1.48M | -893.60K | EBITDA |
-1.60M | -726.05K | 0.00 | 138.68K | -1.48M | 0.00 | Net Income Common Stockholders |
-1.59M | -1.76M | -4.19M | -17.26M | -7.58M | -171.54K |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
12.62M | 13.82M | 16.66M | 18.45M | 35.22M | 40.30M | Total Assets |
14.70M | 15.90M | 16.69M | 18.50M | 35.25M | 42.53M | Total Debt |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
-12.62M | -13.82M | -16.66M | -18.45M | -19.96M | -40.30M | Total Liabilities |
1.39M | 1.85M | 2.49M | 297.11K | 163.45K | 221.69K | Stockholders Equity |
14.57M | 15.31M | 15.90M | 19.90M | 36.78M | 43.56M |
Cash Flow | Free Cash Flow | ||||
― | -2.83M | -1.79M | -1.51M | -961.49K | 23.75K | Operating Cash Flow |
― | -2.83M | -1.79M | -1.51M | -961.49K | 23.75K | Investing Cash Flow |
0.00 | -7.62K | 0.00 | 0.00 | -19.82M | 0.00 | Financing Cash Flow |
0.00 | -6.43K | 0.00 | 0.00 | 445.77K | 0.00 |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
51 Neutral | $2.04B | -1.21 | -21.10% | 3.95% | 2.90% | -30.45% | |
28 Underperform | AU$18.40M | ― | -15.31% | ― | ― | 32.72% | |
C$2.12B | 14.59 | 10.03% | 4.98% | ― | ― | ||
$126.79B | 11.26 | 26.20% | 3.88% | ― | ― | ||
$31.31B | 8.28 | 20.21% | 6.03% | ― | ― | ||
$138.79M | 4.04 | 5.68% | 5.01% | ― | ― | ||
$206.44M | 65.86 | -35.86% | ― | ― | ― |
Equatorial Resources Limited has experienced a delay in its international arbitration case against the Republic of Congo, with the final hearing now rescheduled to November 2025 in Washington, DC. This arbitration stems from disputes over the company’s investments in two iron ore projects in Congo. Meanwhile, Equatorial continues to advance its Nimba Alliance Iron Ore Project in Guinea, which shows promising high-grade iron mineralization and is strategically located near major iron ore projects. The company maintains a strong financial position, with substantial cash reserves to support its ongoing projects and legal proceedings.
Equatorial Resources Limited announced a postponement of its final arbitration hearing against the Republic of Congo, initially scheduled for March 2025, due to Congo’s failure to cover hearing expenses. The dispute, initiated in 2021, involves alleged unlawful actions by Congo affecting Equatorial’s iron ore investments, with the hearing now proposed for August or November 2025.
Equatorial Resources Limited has released its interim financial report for the half year ending December 31, 2024. The report is intended to be read in conjunction with the company’s annual report and any public announcements made during the interim period. The release of this financial report is part of the company’s compliance with continuous disclosure requirements, providing stakeholders with insights into its financial performance and position.