Added to YB: 2026-09-04
Pitch date: 2026-08-28
EQR.AX [bullish]
EQ Resources Limited
-12.35%
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 explores for and produces tungsten and mineral resources in Australia. The company also explores for gold deposits.
Market Cap
AUD 2.2B
Pitch Price
AUD 0.41
Price Target
N/A
Dividend
N/A
EV/EBITDA
1.1K
P/E
-63.13
EV/Sales
29.35
Sector
Metals and Mining
Category
growth
My wallet laid bare (August 2026) - EQ Resources Limited
EQR.AX (added to position): EQ Resources has been increased aggressively and is now the portfolio’s main positive driver, up 37%. Tungsten’s growing strategic importance in Europe and the US, with any further Chinese supply restrictions benefiting Mt Carbine’s profitability, supports the thesis. At A$0.41, recurring positive free cash flow and balance-sheet deleveraging could gain recognition, while a potential US listing could broaden institutional access.
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