Share Price & News
How has Equatorial Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EQX has not had significant price volatility in the past 3 months.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: EQX underperformed the Australian Metals and Mining industry which returned 3.4% over the past year.
Return vs Market: EQX exceeded the Australian Market which returned -10.3% over the past year.
Price Volatility Vs. Market
How volatile is Equatorial Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StHave Insiders Been Buying Equatorial Resources Limited (ASX:EQX) Shares?
8 months ago | Simply Wall StCan We See Significant Insider Ownership On The Equatorial Resources Limited (ASX:EQX) Share Register?
1 year ago | Simply Wall StCan Equatorial Resources Limited (ASX:EQX) Improve Its Returns?
Is Equatorial Resources undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate EQX's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate EQX's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: EQX is poor value based on its PE Ratio (225.9x) compared to the Metals and Mining industry average (10.3x).
PE vs Market: EQX is poor value based on its PE Ratio (225.9x) compared to the Australian market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate EQX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EQX is good value based on its PB Ratio (0.7x) compared to the AU Metals and Mining industry average (1.4x).
How is Equatorial Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Equatorial Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Equatorial Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Equatorial Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Equatorial Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EQX has high quality earnings.
Growing Profit Margin: Insufficient data to determine if EQX's profit margins have improved over the past year.
Past Earnings Growth Analysis
Earnings Trend: EQX has become profitable over the past 5 years, growing earnings by 75.3% per year.
Accelerating Growth: EQX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: EQX had negative earnings growth (-42.3%) over the past year, making it difficult to compare to the Metals and Mining industry average (-7.9%).
Return on Equity
High ROE: EQX's Return on Equity (0.3%) is considered low.
How is Equatorial Resources's financial position?
Financial Position Analysis
Short Term Liabilities: EQX's short term assets (A$40.5M) exceed its short term liabilities (A$120.2K).
Long Term Liabilities: EQX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EQX is debt free.
Reducing Debt: EQX has not had any debt for past 5 years.
Debt Coverage: EQX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: EQX has no debt, therefore coverage of interest payments is not a concern.
What is Equatorial Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EQX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate EQX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if EQX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EQX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of EQX's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. John Paul Welborn, B.Com, FCA, FAIM, SAFin, MAICD, MAusIMM, JP, has been the Chief Executive Officer and Managing Director of Resolute Mining Limited since July 1, 2015. Mr. Welborn has commercial expe ...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD14.54K) is below average for companies of similar size in the Australian market ($USD253.20K).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
|MD, CEO & Director||1.33yrs||AU$21.90k||4.82% A$1.5m|
|Company Secretary||10yrs||no data||0.48% A$153.0k|
|Chief Financial Officer||7.17yrs||AU$54.37k||no data|
Experienced Management: EQX's management team is seasoned and experienced (7.2 years average tenure).
|MD, CEO & Director||1.33yrs||AU$21.90k||4.82% A$1.5m|
|Independent Non-Executive Chairman||10.5yrs||AU$54.75k||6.03% A$1.9m|
|Independent Non Executive Director||10.5yrs||AU$21.90k||0.84% A$267.7k|
|Non-Executive Director||4.17yrs||AU$32.85k||0.18% A$58.7k|
Experienced Board: EQX's board of directors are seasoned and experienced ( 10.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Equatorial Resources Limited's company bio, employee growth, exchange listings and data sources
- Name: Equatorial Resources Limited
- Ticker: EQX
- Exchange: ASX
- Founded: 1986
- Industry: Steel
- Sector: Materials
- Market Cap: AU$31.734m
- Shares outstanding: 124.45m
- Website: https://www.equatorialresources.com.au
- Equatorial Resources Limited
- BGC Centre
- Level 9
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EQX||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
|EQX||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
|PBU||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
Equatorial Resources Limited explores for and develops iron ore properties in the Republic of Congo. It owns a 100% interest in the Badondo iron project located in the northwest region of the Republic of Congo. The company has a strategic alliance agreement with Rock Mining SARL for the development of the Badondo iron project. Equatorial Resources Limited was incorporated in 1986 and is headquartered in Perth, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/30 10:37|
|End of Day Share Price||2020/05/29 00:00|
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 here.