EQ Resources Ltd

EQR.AU

$0.03

Closing

▼-7.02%

1D

▼-7.02%

YTD

Market cap

$63.81M

52 week high

$0.06

52 week low

$0.03

Volume

155,941

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Market cap

$63.81M

Analysts' Rating

BUY

Price Target (Mean)

0.080037393

Total Analysts

0

P/E

Operating Margin

-96.98%

Beta

0.56

Revenue Growth (Annual)

23.96%

52 week high

$0.06

52 week low

$0.03

Div. Yield

%

EPS Annual Growth

0.00

Note on Purification and Zakat

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

EQ Resources Limited is an Australia-based company transforming its flagship tungsten assets at Mt Carbine in North Queensland; leveraging advanced technology, stockpiles and unexploited resources. The Company also holds gold exploration licenses in New South Wales, at Panama Hat (Broken Hill) and Crow Mountain. Its Mt Carbine Tungsten Project is located approximately 120 kilometers (km) by sealed road, north-west of Cairns in Far North Queensland. The project is on granted mining leases with power, water, tailings storage and environmental approvals in place for tungsten production and quarrying. The Mt Carbine Tungsten Project’s tenements include ML4867, ML4919, EPM14871, EPM14872 and EPM27394. At the Mt Carbine site, in addition to the tailings retreatment project and the Mt Carbine Quarries business, the Company is pursuing further expansion and developments, namely in relation to a sorter plant expansion for the XRT Sorter Technology and developing an underground mine.