EQR

EQ RES FPO [EQR]
EQ Resources Limited explores for and produces tungsten and mineral resources in Australia. The company also explores for gold deposits. Its flagship property is 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. The company was incorporated in 2005 and is based in Mount Carbine, Australia.
Basic Materials · ASX Small Cap
$0.2950 +34.1%

Updated 21 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • Trading above both moving averages — the trend is your friend here
  • Watch out — volume is flowing out even as price holds up. Distribution pattern
  • Beating the Small Ords index — relative strength of 1.20, so it's outpacing the pack
  • Trading above the 200-day average — the long-term trend is on your side
  • Low cash runway (2 quarters) - dilution risk
  • Strong revenue growth (+26%)
  • EPS estimates revised upward (+10pts)
  • Capital raise activity (1 events)
  • CANSLIM I: Institutional ownership (22%)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 755% over the past year (excluding last month)
  • Excellent risk-adjusted returns — Sharpe of 3.0 means strong gains without wild swings
  • The bigger volume days are the up days — volume-weighted momentum is positive (0.49%/day)
  • Beneish M-Score 0.98 > -1.78: likely earnings manipulation
  • RBA hiking (-3pts)

Risk Signals

  • Deeply negative margins (-30%)
  • Not enough chatter to gauge sentiment — defaulting to neutral
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Recent Catalysts

NONE Dr Andrew Forrest AO to acquire 16.8% of EQR from Oaktree
NONE EQR Appoints General Manager Growth & Discovery
NONE Notification of cessation of securities - EQR
LOW EQR Investor Presentation

Recent ASX Announcements

2026-07-19 Dr Andrew Forrest AO to acquire 16.8% of EQR from Oaktree PRICE SENSITIVE
2026-07-15 EQR Appoints General Manager Growth & Discovery
2026-07-15 Notification of cessation of securities - EQR
2026-07-13 EQR Investor Presentation PRICE SENSITIVE
2026-07-12 Cleansing Notice

Key Metrics

$1.5B
Market Cap
25.0M
Avg Volume
1.5x
Vol Ratio
$0.03 — $0.39
52-Week Range
0.3%
Short Interest
N/A
Cash Runway
-31.0%
ROE
-29.9%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 61%
LLeader vs LaggardlaggardRS: 0
IInstitutional SponsorshippassInst: 22%
MMarket DirectionneutralNeutral

Sector: Basic Materials

530 tickers in this sector

View all Basic Materials signals →Browse all ASX tickers A–Z →
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