EQ Resources Ltd

  • IPO date:
  • Sector: Basic Materials
  • GIC Group: Materials
  • Industry: Other Industrial Metals & Mining
  • Company website

Company description

EQ Resources Limited explores for and produces tungsten and gold mineral resources in Queensland and New South Wales, Australia. Its flagship property includes the Mt Carbine project comprising ML 4867 covering an area of approximately 358.5 hectares, as well as 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 based in Mount Carbine, Australia.

Financial highlights

Market Capitalization$118.4114 million
P/E Ratio0
P/E Growth Ratio
Book Value0.01
Dividend Per Share0
Earnings Per Share-0.01
EBITDA-4,856.759
Profit Margin-1.1456
Operating Margin TTM-0.9252
Return on Assets TTM-0.1072
Return on Equity TTM-0.447
Revenue TTM6,441.64

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2015-12-31 26.77 363.46 -336.69
2016-12-31 26.94 254.35 -227.41
2017-12-31 29.55 269.02 -239.47
2018-12-31 22.52 608.26 -585.74 -3,601.408
2019-12-31 735.48 2,291.67 735.48 4,005.224
2020-12-31 4,522.982 7,750.82 4,522.982 10,257.14
2021-12-31 4,014.38 7,997.52 4,014.38 11,219.503
2022-12-31 5,039.906 5,039.906

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2015-12-31 761.41 12,065.22 1,320.65 269.58 30,873.79
2016-12-31 1,048 2,551.73 180.23 0 1,797.341
2017-12-31 602.675 2,869.29 196.86 0 3,553.567
2018-12-31 217.962 15,966.609 5,061.569 200 2,134.14 7,651.079
2019-12-31 2,989.859 21,417.76 6,481.464 200.715 2,547.62 15,023.117
2020-12-31 3,504.721 25,745.819 9,020.085 268.167 0 20,603.915
2021-12-31 1,723.426 31,275.434 16,958.216 665.754 4,527.99 22,192.705
2022-12-31 5,335.596 55,146.312 38,841.748 1,650.618

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2015-12-31 -1,019.74 -1,055.73 761.413
2016-12-31 -9,888.71 -916.448 286.587 761.413 1,048
2017-12-31 -1,478.746 -1,368.767 -445.325 1,048 602.675
2018-12-31 3,813.89 -1,627.127 -384.713 602.675 217.962
2019-12-31 -3,016.453 -2,948.321 2,771.897 217.962 2,989.859 1,505.754
2020-12-31 -4,575.738 -3,816.722 514.862 2,989.859 3,504.721
2021-12-31 -6,064.984 -3,112.77 -1,781.295 3,504.721 1,723.426
2022-12-31 -3,716.459 3,663.938 1,723.427 5,335.596