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EQ Resources reports strong Q3 results and improved liquidity
EQ Resources recorded revenue of AUD 32.5 million in Q3 2026 and increased its liquidity position to around AUD 22 million. The company reduced debt in Spain by EUR 5 million and converted AUD 7.25 million of Oaktree debt into equity, meaning no near-term capital raise is required. EQ Resources expects a production ramp-up at Mount Carbine targeting 10,000–12,000 MTU per month and 1,750 tonnes of annual production by the end of 2026, and has expansion and exploration plans to boost capacity. Remaining risks include weather-related disruptions, regulatory requirements in Queensland and volatility in the tungsten price. » More on de.investing.com
EQ Resources secures EXIM support for Mt Carbine tungsten expansion in Australia
EQ Resources has received a Letter of Interest from the Export-Import Bank of the United States for a potential $34 million debt facility to expand its Mt Carbine tungsten project in Queensland. The funding would support increased production capacity and strengthen supply chain resilience for critical minerals, particularly tungsten, amid global supply concerns. The company aims to meet rising demand from US customers and reduce reliance on Chinese supply. » More on mining.com
Financials
| (EUR) | June 2026 | YoY |
|---|---|---|
| Revenue | 73.63m | - |
| Gross profit | 18.58m | - |
| Net profit | 8.53m | - |
| EBITDA | 19.61m | - |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €862.05m |
Number of shares | 5.19bn |
52-week high/low | €0.34 - €0.0232 |
| Dividends | No |
Beta | 0.31 |
P/E ratio | 240.91 |
PEG ratio | 1.27 |
P/B ratio | 8.79 |
P/S ratio | 8.32 |
Company profile
EQ Resources Limited explores for and produces tungsten, gold, and other mineral resources in Australia. Its flagship property is the Mt Carbine project comprising ML 4867 covering an area of 358.5 hectares and ML 4919 covering an area of 7.891 hectares located in Far North Queensland. The company was formerly known as Speciality Metals International Limited and changed its name to EQ Resources Limited in December 2020. EQ Resources Limited was incorporated in 2005 and is headquartered in Melbourne, Australia.
| Name | EQ Resources Aktie |
| CEO | Craig Richard Bradshaw |
| Headquarters | Mt Carbine,
ql Australia |
| Website | |
| IPO | 06/06/2006 |
| Employees | 259 |