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EQR logo

EQ Resources ASX:EQR Stock Report

Last Price

AU$0.046

Market Cap

AU$107.4m

7D

4.5%

1Y

-19.3%

Updated

22 Feb, 2025

Data

Company Financials

EQR Stock Overview

Explores for and produces tungsten and gold mineral resources in Queensland and New South Wales, Australia. More details

EQR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

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EQ Resources Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for EQ Resources
Historical stock prices
Current Share PriceAU$0.046
52 Week HighAU$0.075
52 Week LowAU$0.025
Beta0.29
1 Month Change48.39%
3 Month Change-13.21%
1 Year Change-19.30%
3 Year Change-20.69%
5 Year Change31.43%
Change since IPO-78.10%

Recent News & Updates

The Market Doesn't Like What It Sees From EQ Resources Limited's (ASX:EQR) Revenues Yet As Shares Tumble 26%

Jan 30
The Market Doesn't Like What It Sees From EQ Resources Limited's (ASX:EQR) Revenues Yet As Shares Tumble 26%

Recent updates

The Market Doesn't Like What It Sees From EQ Resources Limited's (ASX:EQR) Revenues Yet As Shares Tumble 26%

Jan 30
The Market Doesn't Like What It Sees From EQ Resources Limited's (ASX:EQR) Revenues Yet As Shares Tumble 26%

Lacklustre Performance Is Driving EQ Resources Limited's (ASX:EQR) Low P/S

Nov 21
Lacklustre Performance Is Driving EQ Resources Limited's (ASX:EQR) Low P/S

Here's Why EQ Resources (ASX:EQR) Can Afford Some Debt

Oct 02
Here's Why EQ Resources (ASX:EQR) Can Afford Some Debt

Is EQ Resources (ASX:EQR) A Risky Investment?

Oct 28
Is EQ Resources (ASX:EQR) A Risky Investment?

Is EQ Resources (ASX:EQR) Using Too Much Debt?

Mar 25
Is EQ Resources (ASX:EQR) Using Too Much Debt?

Shareholder Returns

EQRAU Metals and MiningAU Market
7D4.5%-0.7%-3.1%
1Y-19.3%-5.7%6.7%

Return vs Industry: EQR underperformed the Australian Metals and Mining industry which returned -5.7% over the past year.

Return vs Market: EQR underperformed the Australian Market which returned 6.7% over the past year.

Price Volatility

Is EQR's price volatile compared to industry and market?
EQR volatility
EQR Average Weekly Movement20.0%
Metals and Mining Industry Average Movement10.2%
Market Average Movement7.9%
10% most volatile stocks in AU Market16.4%
10% least volatile stocks in AU Market3.1%

Stable Share Price: EQR's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: EQR's weekly volatility has increased from 13% to 20% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2005100Kevin MacNeillwww.eqresources.com.au

EQ Resources Limited explores for and produces tungsten and gold mineral resources in Queensland and New South Wales, Australia. Its flagship property includes the Mt Carbine project comprising ML 4867 covering an area of approximately 358.5 hectares, as well as ML 4919 covering an area of 7.891 hectares located in Far North Queensland. The company was formerly known as Speciality Metals International Limited and changed its name to EQ Resources Limited in December 2020.

EQ Resources Limited Fundamentals Summary

How do EQ Resources's earnings and revenue compare to its market cap?
EQR fundamental statistics
Market capAU$107.41m
Earnings (TTM)-AU$28.26m
Revenue (TTM)AU$27.46m

3.9x

P/S Ratio

-3.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EQR income statement (TTM)
RevenueAU$27.46m
Cost of RevenueAU$30.84m
Gross Profit-AU$3.38m
Other ExpensesAU$24.88m
Earnings-AU$28.26m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.012
Gross Margin-12.30%
Net Profit Margin-102.90%
Debt/Equity Ratio75.2%

How did EQR perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/22 23:23
End of Day Share Price 2025/02/21 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

EQ Resources Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chris BrownMorgans Financial Limited