Equatorial Resources Ltd
EQX.AU
$0.10
Closing
0.00
1D
▲20.00%
YTD
Market cap
$12.79M
52 week high
$0.13
52 week low
$0.07
Volume
3,250
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Market cap
$12.79M
Analysts' Rating
-
Price Target (Mean)
-
Total Analysts
0
P/E
Operating Margin
-777.35%
Beta
0.22
Revenue Growth (Annual)
288.03%
52 week high
$0.13
52 week low
$0.07
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
Equatorial Resources Limited is an Australia-based iron ore exploration and development company. The Company has two 100% owned iron ore projects in the Republic of Congo (ROC). The Company’s projects include Badondo Iron Ore project and Mayoko-Moussondji Iron Ore project. The Badondo Iron Ore Project is located in the northwest region of the Republic of Congo. The Mayoko-Moussondji Iron project is located in the southwest region of the Congo. The Company’s Nimba Alliance Iron Ore project is located within the Nzerekore region of Guinea, immediately north of the Mount Nimba ridge which straddles Guinea, Liberia, and the Cote D’Ivoire border. Both the Nimba North and Nimba West permits cover an area of approximately 483 kilometers and are located to the northeast of the mining town of Yekepa in Liberia and southeast of Lola in Guinea.
