Equinox Resources Limited engages in the exploration, appraising, and development of mineral projects in Australia, Brazil, and Canada. The company primarily explores for iron ore, lithium, and rare earths. The company holds a 100% interest in the Hamersley iron ore project covering an area of 10.4 square kilometers located to the north-east of Tom Price in the Pilbara region of Western Australia. It also holds 100% interest in the Auxesia project covering approximately an area of 220 square kilometers located near Kambalda, Western Australia; the Dome Lake and the Larder Lake projects located in Ontario, Canada. Equinox Resources Limited was incorporated in 2021 and is based in Perth, Australia.
Metrics to compare | EQN | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipEQNPeersSector | |
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P/E Ratio | −9.9x | −3.3x | −0.1x | |
PEG Ratio | 0.28 | −0.04 | 0.00 | |
Price/Book | 0.9x | 0.7x | 1.6x | |
Price / LTM Sales | 926.9x | 177.8x | 1.3x | |
Upside (Analyst Target) | - | 282.0% | 28.0% | |
Fair Value Upside | Unlock | 0.9% | 1.4% | Unlock |