How to buy Equatorial Resources (EQX) shares

Learn how to easily invest in Equatorial Resources shares.

Equatorial Resources Limited
AU: EQX - AUD
STEEL
A$0.21
- A$0.02 ( - 6.82%)

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Equatorial Resources Limited is a steel business based in Australia. Equatorial Resources shares (EQX) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Equatorial Resources has a market cap (total outstanding shares value) of $25.8 million. If you're looking to buy shares, check out the steps below.

How to buy shares in Equatorial Resources

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for Equatorial Resources . Find the share by name or ticker symbol: EQX. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Equatorial Resources reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you own a part of Equatorial Resources . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Equatorial Resources stock price (ASX:EQX)

Use our graph to track the performance of EQX stocks over time.

Equatorial Resources shares at a glance

Information last updated 2021-09-17.
52-week range$0.21 - $0.37
50-day moving average $0.2224
200-day moving average $0.304
Target price$0.61
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) $-0.042

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Name Product Standard brokerage fee Inactivity fee Markets
Superhero share trading
AUD $5
No
ASX shares, US shares
Australia’s lowest-cost broker for ASX shares and ETFs.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Saxo Capital Markets (Classic account)
AUD $5
No
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Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
ThinkMarkets Share Trading
AUD $8
No
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Limited-time offer: Get 10 free ASX trades ($0 brokerage) when you open a share trading account with ThinkMarkets(T&Cs apply).$8 flat fee brokerage for CHESS Sponsored ASX stocks (HIN ownership), plus free live stock price data on an easy to use mobile app.
HSBC Online Share Trading
AUD $19.95
No
ASX shares, mFunds, ETFs, Bonds
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Bell Direct Share Trading
AUD $15
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Invest in Australian shares, options and managed funds from the one account with no inactivity fee.
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CMC Markets Invest
AUD $11 or 0.1%
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$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
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Is it a good time to buy Equatorial Resources stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Equatorial Resources price performance over time

Historical closes compared with the last close of A$0.205

1 week (2021-09-10) -6.82%
1 month (2021-08-18) -39.71%
3 months (2021-06-18) -35.94%
6 months (2021-03-18) -39.71%
1 year (2020-09-18) -26.79%
2 years (2019-09-18) -25.45%
3 years (2018-09-18) -34.92%
5 years (2016-09-16) -41.43%

Equatorial Resources financials

Gross profit TTM $0
Return on assets TTM -5.21%
Return on equity TTM -13.26%
Profit margin 0%
Book value 0.314
Market capitalisation $25.8 million

TTM: trailing 12 months

Equatorial Resources share dividends

We're not expecting Equatorial Resources to pay a dividend over the next 12 months.

Have Equatorial Resources 's shares ever split?

Equatorial Resources 's shares were split on a 1:10 basis on 3 May 2010. So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Equatorial Resources shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Equatorial Resources shares which in turn could have impacted Equatorial Resources 's share price.

Equatorial Resources share price volatility

Over the last 12 months, Equatorial Resources 's shares have ranged in value from as little as $0.21 up to $0.37. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Equatorial Resources 's is 0.3421. This would suggest that Equatorial Resources 's shares are less volatile than average (for this exchange).

Equatorial Resources overview

Equatorial Resources Limited explores for and develops iron ore properties in the Republic of Congo. It owns an 80% interest in the Badondo iron project located in the northwest region of the Republic of Congo. The company has a strategic alliance agreement with Rock Mining SARL for the development of the Badondo iron project. Equatorial Resources Limited was incorporated in 1986 and is headquartered in Perth, Australia.

Equatorial Resources in the news

There are no recent company news

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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