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
$0.1600 +0.0%

Updated 24 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • Stochastic just turned bullish from a low level — early reversal sign
  • Volume surging at 3.5x normal while price climbs — real buying conviction behind this move
  • Watch out — volume is flowing out even as price holds up. Distribution pattern
  • Beating the Small Ords index — relative strength of 1.17, so it's outpacing the pack
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Adequate cash runway (7 quarters)
  • Pre-revenue with limited cash
  • Near 52-week low (13% of range)
  • Micro-cap ($5-20M) - high risk
  • Sentiment is mixed — no strong consensus either way
  • The bigger volume days are the up days — volume-weighted momentum is positive (1.21%/day)
  • Pre-revenue company — Altman Z-Score not applicable
  • RBA hiking (-3pts)
  • Calendar: Quarterly Activities in 6d (+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
  • Long-term momentum is negative — down 32% over the past year
  • Overseas neutral (-1pts, S&P500 neutral, VIX 20)
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Recent Catalysts

NONE Update on Dispute with Clifford Chance
NONE Change of Director's Interest Notice
NONE Notification of cessation of securities - EQX

Recent ASX Announcements

2026-07-05 Update on Dispute with Clifford Chance
2026-06-10 Change of Director's Interest Notice
2026-06-10 Notification of cessation of securities - EQX

Key Metrics

$19.7M
Market Cap
105K
Avg Volume
3.5x
Vol Ratio
$0.14 — $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

507 tickers in this sector

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