Company EQ Resources Limited

EQR

AU0000122749

Specialty Mining & Metals

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Share class

Shareholders

Company contact information

Sector

Annual profits - Rate of surprise

Sector Other Specialty Mining & Metals

Market Closed - Australian S.E. Other stock markets 07:10:42 01/05/2024 BST			5-day change	1st Jan Change
0.05 ^AUD	-5.66%		-3.85%	-12.28%

04-30	EQ Resources Finds High-Grade Tungsten Zones at Stage Two Pit in Queensland Mine	MT
04-11	Strong US Inflation Numbers Bear Down on Australian Shares	MT

EQ Resources Limited is an Australia-based tungsten mining company. The Company is focused on expanding its tungsten assets at Mt Carbine in North Queensland (Australia) and at Barruecopardo in the Salamanca Province (Spain). It also holds gold exploration licenses in New South Wales, at Panama Hat (Broken Hill) and Crow Mountain. Its Mt Carbine Tungsten Project is located 120 kilometers (km) by sealed road, north-west of Cairns in Far North Queensland. The project is on granted mining leases with power, water, tailings storage and environmental approvals in place for tungsten production and quarrying. The Mt Carbine Tungsten Project tenements include ML4867, ML4919, EPM14871, EPM14872 and EPM27394. At the Mt Carbine site, in addition to the tailingâs retreatment project and the Mt Carbine Quarries business, it is pursuing further expansion and developments, namely in relation to a sorter plant expansion for the XRT Sorter Technology and developing an underground mine.

Number of employees: 96

AUD in Million	2022	Weight	2023	Weight	Delta
Tungsten 100.0 %	6	100.0 %	13	100.0 %	+110.55%

AUD in Million	2022	Weight	2023	Weight	Delta
Australia 100.0 %	6	100.0 %	13	100.0 %	+110.55%

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	1,574,806,073	1,371,969,461 ( 87.12 %)	0	87.12 %

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EQ Resources Ltd.

6888 Mulligan Highway

4871, Mt. Carbine

http://www.eqresources.com.au

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.053 AUD

Average target price

0.13 AUD

Spread / Average Target

+145.28%

Consensus

Company calendar

Basic Materials

Mineral Resources

Metals & Mining

Specialty Mining & Metals

Other Specialty Mining & Metals

	1st Jan change	Capi.
EQ RESOURCES LIMITED	-12.28%	63.98M
SOUTHERN COPPER CORPORATION	+35.22%	90.2B
FREEPORT-MCMORAN INC.	+19.61%	71.73B
MINING AND METALLURGICAL COMPANY NORILSK NICKEL	-.--%	27.32B
JIANGXI COPPER COMPANY LIMITED	+45.83%	10.32B
SUMITOMO METAL MINING CO., LTD.	+22.89%	9.27B
BOLIDEN AB	+17.04%	9.16B
KOREA ZINC INC.	-6.93%	7B
WESTERN MINING CO.,LTD.	+40.85%	6.62B
PT PETRINDO JAYA KREASI TBK	-44.51%	5.15B

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