Equatorial Resources Limited (EQX) Fair Value & Analysis
Basic Materials · AU · Market cap A$19.7M
Fair value as of: Jun 26, 2026
From 1 valuation models · updated 3 days ago
Fair value updated Jun 26, 2026 — revised from A$0.2500 to A$0.0800 (−68.0%) since Jun 24, 2026. Share price −17.6% over the past month.
Price vs Fair Value (12 months)
12‑month range A$0.1350 – A$0.2300 · fair‑value band A$0.0600 – A$0.1100 · the A$0.1400 price screens above the A$0.0800 fair value. As of Jun 26, 2026.
✦ Which stocks are undervalued right now? Check free Discover now →Analysis
Equatorial Resources Limited (EQX) currently trades at A$0.1400, while our model-based Fair Value estimate is A$0.0800 — implying the stock looks roughly 42.9% overvalued today. We read business quality at 80/100 (high quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: low).
Trailing-twelve-month revenue stands at A$571K. Revenue declined 27.9% year over year. It earns a return on equity of -80.4%. The balance sheet holds a net cash position of A$9.6M. Fundamentals as of Jun 26, 2026
Key figures & financial health
More key figures
Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.
About the company
Equatorial Resources Limited engages in mineral exploration activities in the Republic of Congo and the Republic of Guinea. Its flagship is the Nimba Alliance iron ore project covering an area of approximately 198 square kilometers for the Nimba West permit and approximately 107 square kilometers for the Nimba North permit located in Guinea, West Africa. Equatorial Resources Limited was incorporated in 1986 and is based in Perth, Australia.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Equatorial Resources Limited reported revenue of A$571K in FY2025 versus A$160K in FY2021, a compound +37.4%/yr. Reported net income was −A$4.2M in FY2025.
Open the full interactive analysis →
Similar stocks
6 more Steel stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Tata Steel Limited TTST | $22.20 | $11.06 | -50% |
| Nucor Corporation NUE | $244.93 | $116.05 | -53% |
| ArcelorMittal S.A ARMT34 | R$172.80 | R$119.18 | -31% |
| JSW Steel Limited JSWSTEEL | ₹1,270 | ₹1,007 | -21% |
| Baoshan Iron & Steel Co 600019 | ¥5.75 | ¥8.07 | +40% |
| POSCO Holdings 005490 | 363,000 KRW | 143,097 KRW | -61% |
Explore undervalued stocks
More undervalued Basic Materials stocks →
Frequently asked questions
Is Equatorial Resources Limited (EQX) undervalued?
What is the fair value of EQX?
What is the quality score of EQX?
What is the revenue of Equatorial Resources Limited (EQX)?
What is the net profit margin of EQX?
How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.
Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.