How to buy Equatorial Resources shares | EQX historical share price and analysis
finder.com.au

How to buy Equatorial Resources shares

Own Equatorial Resources shares in just a few minutes.

Updated
Fact checked

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

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 listed in Australian Dollars. Equatorial Resources has a market cap (total outstanding shares value) of $42.3 million.

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.

What's in this guide?

  1. Equatorial Resources key stats
  2. Compare share trading platforms
  3. Is Equatorial Resources stock a buy or sell?
  4. Equatorial Resources performance over time
  5. Are Equatorial Resources shares over-valued?
  6. Equatorial Resources 's financials
  7. How volatile are Equatorial Resources shares?
  8. Does Equatorial Resources pay a dividend?
  9. Have Equatorial Resources shares ever split?
  10. Other common questions

Equatorial Resources share price

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

Equatorial Resources shares at a glance

Information last updated 2021-02-25.
52-week range$0.21 - $0.365
50-day moving average $0.3218
200-day moving average $0.3108
Target price$0.61
PE ratio 263.6364
Dividend yield N/A (0%)
Earnings per share (TTM) $0.001

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.
Data updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
Superhero share trading
Superhero share trading
AUD $5
No
ASX shares, ETFs
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
Go to site
More Info
Bell Direct Share Trading
Finder Award
Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
Exclusive: New customers who open an account with Bell Direct through Finder will pay no brokerage fees on the first five stock or ETF trades until April 30, 2021 (T&Cs apply).
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
Go to site
More Info
IG Share Trading
Finder Award
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.
Go to site
More Info
CMC Markets Stockbroking
Finder Award
CMC Markets Stockbroking
AUD $11 or 0.1%
No
ASX shares, Global shares, mFunds, ETFs
$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.
Go to site
More Info
ANZ Share Investing
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
More Info
Westpac Online Investing Account
Westpac Online Investing Account
AUD 19.95 or 0.11%
USD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, ETFs
More Info
loading

Compare up to 4 providers

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.

Technical Analysis of Equatorial Resources Limited by TradingView

Is Equatorial Resources under- or over-valued?

Valuing Equatorial Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Equatorial Resources 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Equatorial Resources 's P/E ratio

Equatorial Resources 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 264x. In other words, Equatorial Resources shares trade at around 264x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Equatorial Resources financials

Gross profit TTM $0
Return on assets TTM -1.31%
Return on equity TTM -0.45%
Profit margin 0%
Book value 0.35
Market capitalisation $42.3 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 $0.365. 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 0.3053. 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.

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.

More guides on Finder

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site