profit from every A$100 of sales.
A$0A$100
EQ Resources
A$0.31+8.93% today
+486.5% in 1 year
1-year low A$0.051-year high A$0.50
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2021 to 2024.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What EQ Resources sold, what it kept, and what it did with the cash.
Sales went from A$4.52 million in 2021 to A$26.5 million in 2024, with -A$28.3 million of profit last year.
SalesProfit
EQ Resources vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from A$100 of sales | Sales growth a year | Price per A$1 of profit |
|---|---|---|---|
| EQ Resources | No profit yet | ||
 BHP Group | 23.3× · Fair price | ||
 Rio Tinto Group | 14.1× · Cheap | ||
 Grupo México, S.A.B. de C.V. | 19.1× · Fair price | ||
 Glencore | 223.4× · Very expensive |
AI analysis
An AI analyst reads EQ Resources's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of AUD | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| 5 | 4 | 5 | 26 | |
| 5 | 4 | 5 | 26 | |
| -6 | -7 | -10 | -30 | |
| -4 | -4 | -1 | -19 | |
| -5 | -6 | -4 | -28 | |
| -0.00 | -0.00 | -0.00 | -0.02 | |
| 100.0% | 100.0% | 100.0% | 100.0% | |
| -126.8% | -179.5% | -198.3% | -111.7% | |
| -101.2% | -151.1% | -73.7% | -106.7% |
Balance sheet
| In millions of AUD | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Total assets | 26 | 31 | 56 | 166 |
| Cash | 4 | 2 | 5 | 3 |
| Total debt | 1 | 7 | 12 | 46 |
| Total liabilities | 9 | 17 | 44 | 110 |
| 17 | 14 | 16 | 57 | |
| 1,165 | 1,337 | 1,420 | 1,697 | |
| -18.0% | -18.2% | -5.5% | -17.5% | |
| -27.4% | -42.4% | -22.8% | -49.9% |
Cash flow
| In millions of AUD | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| – | – | – | – | |
| 2 | 6 | 7 | 15 | |
| -6 | -10 | -9 | -27 | |
| Dividends paid | – | – | – | – |
| 0 | – | – | – | |
| – | – | – | – |
Valuation
- –
- –
- –
- 19.3×
- 59.8×
- –
- –
- -1.7%
- -1.8%
- –
Profitability
- 100.0%
- -111.7%
- -106.7%
- –
- -17.5%
- -14.8%
- –
- –
- –
- –
Growth
- +80.2%
- –
- –
- –
- +13.3%
Financial health
- –
- 0.81
- –
- -9.8×
- 0.41
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 3%of 988
Bottom 1%of 948
Top 2%of 927
Bottom 23%of 987
News
Paramount Resources raised at Scotiabank as Kaybob sale clears way for next leg of growthSeeking Alpha · Nov 9, 2026Strathcona Resources Ltd. raises dividend by 6.7% to CAD 0.32Seeking Alpha · Nov 9, 2026Entrée Resources Ltd. reports Q4 resultsSeeking Alpha · Nov 6, 2026Core Natural Resources outlines 29.4M tons contracted through 2031 as costs rise in High-CV thermalSeeking Alpha · Nov 5, 2026Shell targets $23B-$25B 2026 cash CapEx while launching a $5B buyback and integrating ARC ResourcesSeeking Alpha · Oct 30, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
28No pass
Benjamin Graham
17No pass
Philip Fisher
50No pass
Peter Lynch
66Pass
Joel Greenblatt
2No pass
Charlie Munger
27No pass
Terry Smith
35No pass
Questions about EQ Resources
Is EQ Resources a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the EQ Resources AI analysis
What does EQ Resources do?
EQ Resources Limited explores for and produces tungsten and mineral resources in Australia. The company also explores for gold deposits. It is in Other Industrial Metals & Mining, based in Mount Carbine, QLD, Australia, with 259 employees.
Is EQ Resources stock halal?
Yes. EQ Resources passes our halal screen: its business is permitted and its debt is 3% of its market value, under the 30% limit. How we check
How has EQ Resources stock done over the past year?
Up 486.5% over the past twelve months, to A$0.31. It traded between A$0.05 and A$0.50 and is 39.0% below its high.
Who are EQ Resources's competitors?
The largest listed companies in the same industry are BHP Group, Rio Tinto Group, Grupo México, S.A.B. de C.V. and Glencore. The peers table on this page compares their profit, growth and price with EQ Resources's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.