51MEDIUM

EQX

EQUATORIAL FPO [EQX]
Equatorial Resources Limited engages in mineral exploration activities in the Republic of Congo and the Republic of Guinea. Its flagship is the Nimba Alliance iron ore project covering an area of approximately 198 square kilometers for the Nimba West permit and approximately 107 square kilometers for the Nimba North permit located in Guinea, West Africa. Equatorial Resources Limited was incorporated in 1986 and is based in Perth, Australia.
Basic Materials · ASX Small Cap
$0.1750 +2.9%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical54
Catalyst50
Sentiment50
Fundamental56
Momentum67
Risk Gate50
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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • MACD momentum is losing steam
  • Stochastic is deep in oversold territory — bounce conditions forming
  • Sitting right at the lower Bollinger Band — oversold and potentially ready to snap back
  • Sitting near support — this level has held before and could attract buyers again
  • Took a hit — down 12.5% over the last 5 days
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Adequate cash runway (7 quarters)
  • Pre-revenue with limited cash
  • Small-cap ($20-100M)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 62% over the past year (excluding last month)
  • Pre-revenue company — Altman Z-Score not applicable
  • RBA hiking (-3pts)

Risk Signals

  • Below the 200-day average — the long-term trend is still working against it
  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • The bigger volume days are the down days — volume-weighted momentum is negative (-0.71%/day)
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

NONE Half Year Accounts
LOW December 2025 Quarterly Report

Recent ASX Announcements

2026-03-11 Half Year Accounts
2026-01-28 December 2025 Quarterly Report PRICE SENSITIVE

Key Metrics

$23.0M
Market Cap
74K
Avg Volume
1.3x
Vol Ratio
$0.09 — $0.25
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-80.4%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 54%
LLeader vs LaggardlaggardRS: 0
IInstitutional SponsorshipweakInst: 8%
MMarket DirectionneutralNeutral

Sector: Basic Materials

Ranked #142 of 558 · Sector avg: 46

View all Basic Materials signals →
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