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Added to YB: 2026-07-14

Pitch date: 2026-07-11

EQR.AX [bullish]

EQ Resources Limited

+3.7%

current return

Author Info

JGR specializes in small caps where the value exists, but the market has not yet recognized it. 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 0.27

Price Target

N/A

Dividend

N/A

EV/EBITDA

69.20

P/E

261.92

EV/Sales

13.92

Sector

Metals and Mining

Category

growth

Show full summary:
The tungsten monster begins to roar (And why do I keep accumulating it?) - EQ Resources Limited

EQR.AX (added to position): Global tungsten producer at low multiples. Q4 sales A$79M (+140% QoQ), annual A$160M (+142% YoY), cash A$28M (+82% QoQ, +1,384% YoY). APT prices +7% to US$3,000/mtu. Barruecopardo (Spain) flood recovered, south pit restored July 4; Mt Carbine Australia +175% QoQ output. Macro play on undersupplied critical metal, China dominance, Western supply security.

Read full article (3 min)