Capital Signal

EQ Resources Limited (ASX: EQR)

Sector: Materials

Market cap: A$1.5B (as of 2 Nov 2026)

EQ Resources is an Australian-based producer of tungsten concentrates. Tungsten is listed as a Critical Mineral by most advanced economies, including Australia. The group owns two producing mines, Mt Carbine in Far North Queensland, and Barruecopardo in S

Data as of 2 Nov 2026.

Recent capital raises

DateTypeAmountPriceDiscountSource
5 Dec 2025Placement$34M$0.057.4% discountFiling ↗
3 Sept 2025Placement$22.5M$0.0311.3% discountFiling ↗
20 June 2025SPP$1.771M$0.04—Filing ↗
13 Dec 2024Placement$4.9M$0.04—Filing ↗
21 May 2024Placement$9.5M$0.04—Filing ↗

Substantial holders — latest moves

DateHolderMoveHoldingSource
26 Oct 2026Wonongarra Pty Ltd (ACN 700 017 483) and John Andrew Henry ForrestIncrease16.75% → 18.14%Filing ↗
22 Sept 2026Van Eck Associates Corporation (VEAC) and its associatesEntry—Filing ↗
28 July 2026OCM Luxembourg Tungsten Holdings S.a r.lExit—Filing ↗
21 July 2026Wonongarra Pty Ltd and John Andrew Henry ForrestEntry?% → 16.75%Filing ↗
2 Apr 2026OCM Luxembourg Tungsten Holdings S.á r.l (OCM) and each persons listed in Annexure AIncrease18.890% → 17.150%Filing ↗

Director trades — on-market

DateDirectorTradeSource
14 Oct 2026MR MICHAEL PETER NOSSALBought 1,000,000Filing ↗
28 Apr 2025Mr Craig Richard BradshawBought 250,000Filing ↗
18 Mar 2022Oliver KleinhempelBought 950,000 Fully paid ordinary sharesFiling ↗
14 Dec 2021Richard Damon MORROWBought 319,471 fully paid ordinary sharesFiling ↗
29 May 2020Mr Stephen LaytonBought 1,065,000 fully paid ordinary sharesFiling ↗

Cash and runway

MetricValueAs ofSource
CashA$82M30 Sept 2026Filing ↗

Ask about EQR in Claude or ChatGPT

Add the Capital Signal connector at https://capitalsignal.io/api/mcp, then ask:

  • Has EQR raised money in the last year, and at what discount?
  • What was EQR's latest cash position and runway?

Setup guide for Claude, ChatGPT and other MCP clients →

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