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EQ Resources Limited ( (AU:EQR) ) just unveiled an update.
EQ Resources Limited reported a robust quarter ending September 30, 2025, with significant achievements in its tungsten operations. The company saw a 33% increase in the price of Ammonium Paratungstate, driven by strong demand and China’s record imports of tungsten concentrates. Operational highlights include enhanced processing performance at Barruecopardo and ramped-up mining activities at Mt Carbine. Financially, EQ Resources strengthened its balance sheet with over A$30 million in new funding, including equity placements and a proposed royalty funding agreement with Oaktree. These developments underscore the company’s strategic growth and its alignment with governmental support for critical minerals, enhancing its market positioning and operational capacity.
The most recent analyst rating on (AU:EQR) stock is a Buy with a A$0.06 price target. To see the full list of analyst forecasts on EQ Resources Limited stock, see the AU:EQR Stock Forecast page.
More about EQ Resources Limited
EQ Resources Limited operates in the mining industry, focusing primarily on the extraction and production of tungsten concentrate. The company is involved in significant operations at Barruecopardo in Spain and Mt Carbine in Queensland, Australia, positioning itself as a key player in the tungsten market, which is experiencing strong demand and price increases.
Average Trading Volume: 13,023,691
Technical Sentiment Signal: Buy
Current Market Cap: A$172.1M
For a thorough assessment of EQR stock, go to TipRanks’ Stock Analysis page.