Equatorial Resources Limited chart

Last update: 2021-02-12
Key statistics and financials
Revenue per share -0.00
Dividend & YieldN/A$ (N/A)
Beta 0.36
Market capitalization 24.89M
Operating cash flow -1.28M
ESG Scores unknown

Company description

Equatorial Resources Limited explores for and develops iron ore properties in the Republic of Congo. The company was incorporated in 1986 and is headquartered in Perth, Australia.

Sector: Basic Materials - Industry: Steel

Financial data

Financial Statements

Cashflow Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Change To Liabilities -105.25k 8.45k 80.2k -57.93k
Total Cashflows From Investing Activities 82.73k -19.82M -19.82M -19.82M
Net Borrowings
Total Cash From Financing Activities 445.77k 445.77k 445.77k 445.77k
Change To Operating Activities
Issuance Of Stock 450k 450k 450k 450k
Net Income -51.42k 264.47k -171.54k -7.58M
Change In Cash -70.42k 429.22k 23.75k -20.34M
Effect Of Exchange Rate
Total Cash From Operating Activities -153.15k 429.22k 23.75k -961.49k
Depreciation 2.15M 2.15M 2.15M 2.15M
Change To Account Receivables -28.56k 146.62k 133.59k 52.58k
Other Cashflows From Financing Activities -4.23k -4.23k -4.23k -4.23k
Change To Netincome 32.07k 9.67k -18.49k 4.47M
Capital Expenditures

Income Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Research Development
Income Before Tax -51.42k 264.47k -192.37k -8.02M
Net Income -51.42k 264.47k -171.54k -7.58M
Selling General Administrative 854.99k 690.13k 701.88k 1.01M
Gross Profit
Ebit -1.05M -790.25k -893.6k -3.62M
Operating Income -1.05M -790.25k -893.6k -3.62M
Interest Expense
Income Tax Expense
Total Revenue
Cost Of Revenue
Total Other Income ExpenseNet 1M 1.05M 701.23k -4.39M
Net Income From Continuing Ops -51.42k 264.47k -192.37k -8.02M
Net Income Applicable To Common Shares -51.42k 264.47k -171.54k -7.58M

Balance Sheet Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Total Liabilities 107.54k 141k 221.69k 163.45k
Total Stockholder Equity 42.23M 42.5M 43.56M 36.78M
Other Current Liabilities
Total Assets 42.33M 42.64M 42.53M 35.25M
Common Stock 177.68M 177.68M 177.68M 178.17M
Other Current Assets
Retained Earnings -135.78M -135.52M -134.34M -141.92M
Treasury Stock 322.06k 331.06k 220.44k 525.33k
Cash 39.85M 40.28M 40.3M 19.96M
Total Current Liabilities 107.54k 141k 221.69k 163.45k
Other Stockholder Equity 322.06k 331.06k 220.44k 525.33k
Property, Plant, and Equipment 2.15M 2.15M 2.15M
Total Current Assets 40.19M 40.49M 40.38M 35.25M
Net Tangible Assets 42.23M 42.5M 43.56M 36.78M
Net Receivables 338.58k 216.16k 83.03k 30.27k
Accounts Payable 54.53k 108k 181.23k 118.42k


Insider Transactions

Here are the insider transactions of stock shares related to Equatorial Resources Limited:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Welborn (John Paul)Other at price 0.23 per share.D2021-06-09Director (Non-Executive)1.5M
Middlemas (Ian Peter)Purchase at price 0.21 per share.D2019-05-09Chairman of the Board1.29M
Swan (Gregory)D2018-06-30Company Secretary250k
Swan (Gregory)D2016-06-30Company Secretary100k
Middlemas (Ian Peter)Purchase at price 0.23 per share.D2016-04-26Chairman of the Board1M
Behets (Robert Arthur)Purchase at price 0.22 per share.D2016-03-10Director (Non-Executive)170k
Schumann (Hugo)D2015-06-30Former160k
Swan (Gregory)D2015-06-30Company Secretary170k
Welborn (John Paul)Purchase at price 0.02 per share.D2015-02-05Chief Executive Officer310.81k
Welborn (John Paul)Purchase at price 0.03 per share.D2014-12-03Chief Executive Officer1.19M
Farrington (Brad)D2013-06-30Chief Financial Officer230k
Glassock (Mark)D2013-06-30General Manager25k
Steers (Andrew)D2013-06-30Chief Financial Officer100k
Welborn (John Paul)Exercise at price 0.37 per share.D2013-06-30Chief Executive Officer1.5M
Staley (Roger)D2012-06-30Former3k
Pearce (Mark Laurence)Exercise at price 0.26 per share.D2012-05-02Director (Non-Executive)300k
Welborn (John Paul)Exercise at price 0.26 per share.D2012-05-02Chief Executive Officer1M
Woodman (Peter)Exercise at price 0.24 per share.D2011-11-25Director (Non-Executive)250k
Staley (Roger)D2011-06-30Divisional Officer100k
Swan (Gregory)D2011-06-30Secretary80k
Welborn (John Paul)Other at price 0.22 per share.D2010-08-31Chief Executive Officer2M
Gander (Geoffrey Anthony)D2010-07-08Former387.52k
Gander (Geoffrey Anthony)Purchase at price 0.02 per share.D2010-02-26Director102.73k
Gander (Geoffrey Anthony)Other at price 0.01 per share.D2009-12-22Director1M
Middlemas (Ian Peter)Other at price 0.01 per share.D2009-12-22Chairman of the Board50M
Pearce (Mark Laurence)Other at price 0.01 per share.D2009-12-22Director (Non-Executive)7.5M
Gander (Geoffrey Anthony)Acquisition at price 0.01 per share.D2009-11-06Director1M
Majteles (Hersh Solomon)D2009-11-06Former1.45M
Gander (Geoffrey Anthony)Acquisition at price 0.01 per share.D2009-10-26Chairman of the Board886.23k
Majteles (Hersh Solomon)Acquisition at price 0.01 per share.D2009-10-26Director (Non-Executive)725k
Mison (Scott Adrian)Acquisition at price 0.01 per share.D2009-10-26Chief Financial Officer476.67k
Sharbanee (Paul Gabriel)D2009-08-19Former1.57M
Nathanson (Hilton Darren)D2009-07-03Retired4.71M
Mison (Scott Adrian)D2009-06-30Chief Financial Officer85k
Majteles (Hersh Solomon)Purchase at price 0.18 per share.D2009-06-24Director (Non-Executive)150k
Sharbanee (Paul Gabriel)D2009-03-04Director (Non-Executive)1.57M
Dracopoulos (James)Purchase at price 0.10 per share.D2008-10-24Managing Director900k
Gander (Geoffrey Anthony)Purchase at price 0.30 per share.D2008-06-27Chairman of the Board305.73k
Gander (Geoffrey Anthony)Purchase at price 0.24 per share.D2008-06-06Chairman of the Board380.5k
Gander (Geoffrey Anthony)Purchase at price 0.18 per share.D2008-02-28Chairman of the Board200k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Equatorial Resources Limited. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Equatorial Resources Limited

Here is the result of two systematic investment strategies applied to Equatorial Resources Limited. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Equatorial Resources Limited

The following chart shows the equity curve of the two systematic investment strategies applied to Equatorial Resources Limited:

Equatorial Resources Limited automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 3.97% on the backtest period.

Performance at glance

Performance

3.97 %

Latent gain

89.42 $

Invested capital

2249.77 $

Annualized return

0.97 %
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Momentum strategy results on Equatorial Resources Limited

This is the result of two momentum investment strategies applied to Equatorial Resources Limited. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Equatorial Resources Limited

The following chart shows all the entries opened by the momentum investment system on Equatorial Resources Limited:

Equatorial Resources Limited momentum entries
  • The first momentum investment strategy would give 3.72% of return on Equatorial Resources Limited. That represents 241.56$ of latent gain with 6500.7$ of employed capital.
  • The second momentum investment strategy would give 5.63% of return on Equatorial Resources Limited. That represents 337.67$ of latent gain with 6000.45$ of employed capital.
Performance at glance (1Q Momentum)

Performance

3.72 %

Latent gain

241.56 $

Invested capital

6500.7 $

Annualized return

20.76 %
Performance at glance (2Q Momentum)

Performance

5.63 %

Latent gain

337.67 $

Invested capital

6000.45 $

Annualized return

1.56 %

Momentum equity curve on Equatorial Resources Limited

The following chart shows the equity curve of the two momentum strategies applied to Equatorial Resources Limited:

Equatorial Resources Limited momentum equity

Note: the dividends potentially given by Equatorial Resources Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Equatorial Resources Limited

The following chart shows the employed capital evolution of the two momentum strategies on Equatorial Resources Limited since the beginning:

Equatorial Resources Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Equatorial Resources Limited

Buy the dip entry openings on Equatorial Resources Limited

Equatorial Resources Limited

The performance achieved by the robo-advisor on Equatorial Resources Limited is 43.18%. That represents 107.92$ of latent gain with 249.92$ of employed capital. The following chart shows Equatorial Resources Limited stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Equatorial Resources Limited, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

43.18 %

Latent gain

107.92 $

Invested capital

249.92 $

Annualized return

20.76 %

Equity curve of the strategy applied to Equatorial Resources Limited

The following chart shows the result of the investment strategy applied to Equatorial Resources Limited:

Equatorial Resources Limited

Note: the dividends potentially given by Equatorial Resources Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Equatorial Resources Limited

The following chart shows the employed capital evolution since the beginning of the investment strategy on Equatorial Resources Limited:

Equatorial Resources Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Equatorial Resources Limited

In this section, I will compare the three previous investment strategies applied to Equatorial Resources Limited.

Equity curve comparison on Equatorial Resources Limited

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Equatorial Resources Limited investment strategy comparison

Employed capital comparison on Equatorial Resources Limited

Equatorial Resources Limited investment comparison

Performance comparison on Equatorial Resources Limited

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 3.97% 89.42$ 2249.77$ 0.97%
Momentum 1 quarter 3.72% 241.56$ 6500.7$ 0.97%
Momentum 2 quarters 5.63% 337.67$ 6000.45$ 1.56%
Non-directional 43.18% 107.92$ 249.92$ 20.76%
Annualized return comparison

Automatic investment

0.97 %

Momentum 1Q

1.56 %

Momentum 2Q

1.56 %

Non-directional

20.76 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Equatorial Resources Limited:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Equatorial Resources Limited and the other stocks. There may be false positives or some missing correlated stocks. If the price of Equatorial Resources Limited does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Equatorial Resources Limited
Country Australia
City Perth
Address BGC Centre
Phone 61 8 9322 6322
Website www.equatorialresources.com.au
FullTime employees
Industry Steel
Sector Basic Materials
Exchange XASX
Ticker EQX.XASX
Market www2.asx.com.au

Equatorial Resources Limited ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown