Equatorial Resources Limited (AU:EQX)
ASX:EQX
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EQX Stock Chart & Stats
AU$0.19
AU$0.00(0.00%)
At close: 4:00 PM EST
AU$0.19
AU$0.00(0.00%)
Day’s Range― - ―
52-Week RangeAU$0.13 - AU$0.25
Previous CloseN/A
Volume144.54K
Average Volume (3M)300.28K
Market Cap
AU$20.37M
Enterprise ValueAU$12.30M
Total Cash (Recent Filing)AU$9.60M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta0.43
Next Earnings
Sep 18, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.03
Shares Outstanding131,445,360
10 Day Avg. Volume222,460
30 Day Avg. Volume300,278
Financial Highlights & Ratios
PEG Ratio-0.03
Price to Book (P/B)1.77
Price to Sales (P/S)34.54
P/FCF Ratio-4.68
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Debt-free Balance SheetZero debt materially lowers refinancing and interest-rate risk, giving management durable financial flexibility over the next 2–6 months. That solvency cushion supports survival through cash burn, enables opportunistic capital allocation or restructurings, and reduces solvency-driven downside versus leveraged peers.
Initial Revenue TractionThe emergence of a small revenue base in 2025 shows the company has begun generating commercial sales rather than being purely pre-revenue. Over the medium term this establishes an operational baseline to scale, test unit economics, and transition away from purely expense-funded development if revenue growth can be sustained.
Lean Operating FootprintA very small headcount implies low fixed labor overhead and operational agility, which can extend runway while management pursues revenue or cost initiatives. In a cash-burning environment, a lean cost base reduces the near-term funding needed to maintain operations and allows faster strategic pivots if market conditions change.
Bears Say
Sustained Operating LossesMulti-year operating losses and sharply wider losses in the latest year signal persistent unprofitability that erodes shareholder value. Over months this limits the company's ability to self-fund growth, undermines margin recovery prospects, and increases reliance on external capital or severe cost cutting to achieve sustainability.
Weak Cash GenerationConsistent negative operating and free cash flows indicate ongoing cash burn and persistent funding needs. This structural weakness raises dilution and financing risk, constrains investment in scaling production or sales, and reduces resilience to market shocks absent clear near-term improvement in cash conversion.
Eroding Capital BaseDeclining equity and asset levels reflect capital erosion from cumulative losses, which shrinks the buffer against adverse outcomes. Over 2–6 months this reduces strategic optionality, increases vulnerability to operational setbacks, and may limit the company's ability to pursue growth without dilutive or costly financing.
Equatorial Resources Limited News
EQX FAQ
What was Equatorial Resources Limited’s price range in the past 12 months?
Equatorial Resources Limited lowest share price was AU$0.13 and its highest was AU$0.25 in the past 12 months.
What is Equatorial Resources Limited’s market cap?
Equatorial Resources Limited’s market cap is AU$20.37M.
When is Equatorial Resources Limited’s upcoming earnings report date?
Equatorial Resources Limited’s upcoming earnings report date is Sep 18, 2026 which is in 91 days.
How were Equatorial Resources Limited’s earnings last quarter?
Equatorial Resources Limited released its earnings results on Mar 11, 2026. The company reported -AU$0.029 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.029.
Is Equatorial Resources Limited overvalued?
According to Wall Street analysts Equatorial Resources Limited’s price is currently Overvalued.
Does Equatorial Resources Limited pay dividends?
Equatorial Resources Limited does not currently pay dividends.
What is Equatorial Resources Limited’s EPS estimate?
Equatorial Resources Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Equatorial Resources Limited have?
Equatorial Resources Limited has 131,445,360 shares outstanding.
What happened to Equatorial Resources Limited’s price movement after its last earnings report?
Equatorial Resources Limited reported an EPS of -AU$0.029 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Equatorial Resources Limited?
Currently, no hedge funds are holding shares in AU:EQX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Equatorial Resources Limited Stock Smart Score
Neutral
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
70.83%
12-Months-Change
Fundamentals
Return on Equity
-77.53%
Trailing 12-Months
Asset Growth
-44.55%
Trailing 12-Months
Company Description
Equatorial Resources Limited
Equatorial Resources Limited, an Australian company established in 1986 and based in Perth, concentrates its efforts on the discovery and advancement of iron ore deposits located within the Republic of Congo.