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Equatorial Resources EQX.AX · AUD

Materials · ASX · 🇦🇺 Australia

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Close of 9 Nov 2026, in AUD

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About Equatorial Resources

Its shares trade on ASX under the ticker EQX.AX. It has been listed since 14 May 1987. In the fiscal year to 30 June 2025, it reported revenue of A$571,245 and a net loss of A$4.2m. At that date it held total assets of A$9.7m and shareholders' equity of A$11.2m.

Equatorial Resources Ltd. engages in the exploration and development of iron ore properties. The company is headquartered in Perth, Western Australia. The firm's iron ore projects are located in Republic of Congo (ROC). The firm focuses on advancing its existing mineral resource assets in Africa, as well as searching for opportunities in the resources sector. The company operates Badondo Iron Project through a subsidiary, Congo Mining Exploration Ltd SARL (CME). The Badondo Iron Project is located in the northwest region of Republic of Congo. The company focuses on targeting direct shipping ore (DSO) hematite at Badondo. The company has approximately 10 drill holes, which intersects hematite mineralization over 50% Iron (Fe). The near surface down hole intersections include 41.9 meters at 62.9% Iron (Fe) in BADDD0001; 40.4 meters at 65.6% Iron (Fe) in BADDD0002; 26.4 meters at 61.9% Iron (Fe) in BADDD0003, and 13.5 meters at 61.5% Iron (Fe) in BADDD0004.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Materials
Industry
Metals & Mining
Listed since
14 May 1987
Employees
15

Leadership

Pay as last reported

  • Mr. Ian MiddlemasNon-Executive Chairman of the BoardA$55,000
  • Mr. Gregory SwanCompany SecretaryA$25,000
  • Mr. Robert BehetsNon-Executive DirectorA$33,000
  • Mr. Mark PearceNon-Executive Director, since 2009A$22,000
  • Mr. John WelbornNon-Executive Director, since 2010A$702,381

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Equatorial Resources Ltd possesses several strengths that contribute to its competitive advantage in the market. These include:

Weaknesses

  • Despite its strengths, Equatorial Resources Ltd also faces certain weaknesses that may hinder its growth and competitiveness. These weaknesses include:

Opportunities

  • Equatorial Resources Ltd can capitalize on various opportunities in the market to drive growth and expand its market share. These opportunities include:

Threats

  • Equatorial Resources Ltd operates in a dynamic business environment that presents various threats and challenges. These threats include:

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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