ASX:EQX (Australia)
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Business Description
Equatorial Resources Ltd
NAICS : 212210
SIC : 1011
Description
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.
Financial Strength
10/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Cash-To-Debt | No Debt | |||||
| Equity-to-Asset | 1.08 | |||||
| Interest Coverage | No Debt | |||||
| Piotroski F-Score | 3/9 | |||||
| Beneish M-Score | -3.47 | |||||
| WACC vs ROIC | ||||||
Growth Rank
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year EBITDA Growth Rate | -41.5 | |||||
| 3-Year Book Growth Rate | -22.7 |
Momentum Rank
10/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 5-Day RSI | 38.27 | |||||
| 9-Day RSI | 39.38 | |||||
| 14-Day RSI | 41.04 | |||||
| 6-1 Month Momentum % | 8.57 | |||||
| 12-1 Month Momentum % | -9.52 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Current Ratio | 62.28 | |||||
| Quick Ratio | 62.28 | |||||
| Cash Ratio | 62.13 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Average Share Buyback Ratio | -0.4 |
Profitability Rank
3/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| ROE % | -66.76 | |||||
| ROA % | -70.86 | |||||
| ROIC % | -53400 | |||||
| ROCE % | -8.84 | |||||
| Years of Profitability over Past 10-Year | 1 |
GF Value Rank
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| PB Ratio | 1.08 | |||||
| Price-to-Tangible-Book | 1.06 | |||||
| EV-to-EBIT | -1.39 | |||||
| EV-to-EBITDA | -1.39 | |||||
| EV-to-FCF | -2.37 | |||||
| Price-to-Projected-FCF | 2.13 | |||||
| Price-to-Net-Current-Asset-Value | 1.06 | |||||
| Price-to-Net-Cash | 1.06 | |||||
| Earnings Yield (Greenblatt) % | -72.19 |
