Australia's EQ Resources eyes best day in two weeks on upbeat sales

EQ Resources

09/07/2026 04:51

** Shares of tungsten producer EQ Resources EQR.AX rise 3.8% to A$0.275, on track for best day since June 26
** Co reports sales of A$160 million ($110.98 million) in FY26, representing an increase of 142% from a year ago
** However, FY production decreases by 29% y-o-y
** Stock up 228.3% YTD including moves in current session


($1 = 1.4418 Australian dollars)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)
 ((Jasmeenaraislam.Shaikh@thomsonreuters.com;))