Added to YB: 2026-05-20
Pitch date: 2026-05-18
EQR.AX [neutral]
EQ Resources Limited
+14.29%
current return
Author Info
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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 0.24
Price Target
0.50 (+79%)
Dividend
N/A
EV/EBITDA
69.20
P/E
261.92
EV/Sales
13.92
Sector
Metals and Mining
Category
turnaround
My wallet laid bare: what I have, what I'm losing, and why I keep going - EQ Resources Limited
EQR.AX (holding update): Tungsten producer w/ Mt Carbine (Queensland) & Barruecopardo (Spain). Targeting 10-12k MTU/month ramp at Mt Carbine, 1,750 tons/yr by end 2026. Barruecopardo cash flow positive post-$34M raise & debt restructure. Tungsten at ATH. Down 19.6% after entering late in +600% rally. Analyst consensus 0.365 AUD (vs 0.245 current), upside to 0.50. Holding on production ramp & commodity tailwinds.
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