What drove the EQR.AX stock rally today?

Heavy trading drove the rally: EQR.AX closed at **A$0.19**, up **11.76%**, with **40,084,402** shares traded. The volume surge and a breakout above the 50‑day average attracted momentum traders ahead of project and earnings season.

What is Meyka AI's grade and recommendation for EQR.AX stock?

Meyka AI rates EQR.AX **59.61/100**, Grade **C+**, Suggestion: **HOLD**. The grade uses sector, growth, key metrics and forecasts. This is informational, not financial advice.

What price targets should traders watch for EQR.AX stock?

Short‑term resistance sits at **A$0.21** and a tactical upside target is **A$0.26**. Key support near the 50‑day average is **A$0.09** and a downside level to monitor is **A$0.08**.

When is the next EQR.AX earnings or announcement date?

EQ Resources has an earnings announcement scheduled for **13 Mar 2026**. Traders should monitor that date for operational updates and potential volatility in EQR.AX stock.

AU Stocks

EQR.AX EQ Resources (ASX) +11.76% to A$0.19 on 04 Feb 2026: closed, volume up

ByDanny Kontos February 4, 2026

EQR.AX stock closed higher after a strong intraday rally, finishing at A$0.19, up 11.76% on 04 Feb 2026. Trading volume surged to 40,084,402 shares, above the 50-day average of 30,888,996, suggesting heavy trader interest as the market closed. The move pushes the share price near the year high of A$0.21. We examine what drove the spike, current valuation, technical momentum, and what active traders should monitor on the ASX and in the Basic Materials sector.