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Equatorial Resources Ltd EQX

Morningstar Rating
A$0.16 +0.01 (6.67%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

EQX is trading at a 35% discount.
Price
A$0.16
Fair Value
A$4.56
Uncertainty
Extreme
1-Star Price
A$6.82
5-Star Price
A$7.55
Economic Moat
Ktpb
Capital Allocation
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Trading Information

Previous Close Price
A$0.15
Day Range
A$0.160.16
52-Week Range
A$0.120.22
Bid/Ask
A$0.15 / A$0.17
Market Cap
A$21.03 Mil
Volume/Avg
3,250 / 181,713

Key Statistics

Price/Earnings (Normalized)
Price/Sales
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Equatorial Resources Ltd is an iron ore exploration and development company. The company's iron ore projects are located in the Republic of Congo (ROC). The company focuses on advancing its existing mineral resource assets in Africa, as well as searching for new opportunities in the resources sector. It operates the Badondo Iron Project located in the northwest region of the Republic of Congo. Central & West Africa hosts a regional distribution of undeveloped world-class high-grade iron ore deposits. It is comprised of the same rock type and similar geological formation as the Carajas System in South America.
Sector
Basic Materials
Industry
Steel
Stock Style Box
Small Value
Total Number of Employees
4

Valuation

Metric
EQX
Price/Earnings (Normalized)
Price/Book Value
1.24
Price/Sales
Price/Cash Flow
Price/Earnings
EQX

Financial Strength

Metric
EQX
Quick Ratio
7.53
Current Ratio
7.53
Interest Coverage
Quick Ratio
EQX

Profitability

Metric
EQX
Return on Assets (Normalized)
−21.40%
Return on Equity (Normalized)
−21.47%
Return on Invested Capital (Normalized)
−28.21%
Return on Assets
EQX
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