Added to YB: 2026-02-10
Pitch date: 2026-02-08
EQR.AX [neutral]
EQ Resources Limited
+40%
current return
Author Info
The Pale Blue Dot is an ex-investment banker with more than a decade of experience in M&A advisory, capital raising and equity derivatives. Sign up for the newsletter.
Company Info
EQ Resources Limited engages in the exploration, production, and sale of tungsten and mineral resources in Australia and Spain.
Market Cap
AUD 2.3B
Pitch Price
AUD 0.20
Price Target
N/A
Dividend
N/A
EV/EBITDA
69.20
P/E
261.92
EV/Sales
13.92
Sector
Metals and Mining
Category
value
The Pale Blue Dot | Portfolio Update - EQ Resources Limited
EQR.AX (trimmed position): Tungsten miner up 120% YTD on tight market, China export limits. Barruecopardo recovery rate rose 40%→70%, Mt Carbine accessing high-grade Iolanthi vein. 3000-4000t production target, plant expansion Nov doubles capacity. Trades at discount to Almonty (~$3bn). Position trimmed on rapid gains despite bullish outlook.
Read full article (2 min)