QEM Limited explores for and develops vanadium and oil shale project in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.18|
|52 Week High||AU$0.07|
|52 Week Low||AU$0.34|
|1 Month Change||20.00%|
|3 Month Change||0%|
|1 Year Change||63.64%|
|3 Year Change||9.09%|
|5 Year Change||n/a|
|Change since IPO||-2.70%|
Recent News & Updates
How Much Are QEM Limited (ASX:QEM) Insiders Spending On Buying Shares?
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...
|QEM||AU Metals and Mining||AU Market|
Return vs Industry: QEM exceeded the Australian Metals and Mining industry which returned 12.5% over the past year.
Return vs Market: QEM exceeded the Australian Market which returned 21.4% over the past year.
Stable Share Price: QEM is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: QEM's weekly volatility has decreased from 23% to 8% over the past year.
About the Company
QEM Limited explores for and develops vanadium and oil shale project in Australia. Its flagship project is the Julia Creek oil shale and vanadium project covering an area of 249.6 square kilometers located in the Julia Creek area of North Western Queensland, Australia. The company was formerly known as Queensland Energy & Minerals Pty Ltd and changed its name to QEM Limited in August 2018.
QEM Fundamentals Summary
|QEM fundamental statistics|
Is QEM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|QEM income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.012|
|Net Profit Margin||-409.76%|
How did QEM perform over the long term?See historical performance and comparison
Is QEM undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate QEM's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate QEM's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: QEM is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: QEM is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate QEM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: QEM is overvalued based on its PB Ratio (18x) compared to the AU Metals and Mining industry average (2.6x).
How is QEM forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as QEM has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has QEM performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: QEM is currently unprofitable.
Growing Profit Margin: QEM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: QEM is unprofitable, and losses have increased over the past 5 years at a rate of 16.6% per year.
Accelerating Growth: Unable to compare QEM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: QEM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: QEM has a negative Return on Equity (-122.33%), as it is currently unprofitable.
How is QEM's financial position?
Financial Position Analysis
Short Term Liabilities: QEM's short term assets (A$1.4M) exceed its short term liabilities (A$280.3K).
Long Term Liabilities: QEM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: QEM is debt free.
Reducing Debt: QEM has no debt compared to 5 years ago when its debt to equity ratio was 0.1%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: QEM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: QEM has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 28.1% each year.
What is QEM current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate QEM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate QEM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if QEM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if QEM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of QEM's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Mr. Gavin Loyden serves as Managing Director at QEM Limited since February 27, 2020 and also serves as its Director. He served as Executive Director of QEM Limited until July 16, 2018. Mr Loyden founded QE...
CEO Compensation Analysis
Compensation vs Market: Gavin's total compensation ($USD164.01K) is below average for companies of similar size in the Australian market ($USD303.33K).
Compensation vs Earnings: Gavin's compensation has increased whilst the company is unprofitable.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: QEM insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.4%.
QEM Limited's employee growth, exchange listings and data sources
- Name: QEM Limited
- Ticker: QEM
- Exchange: ASX
- Founded: 2014
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$19.849m
- Shares outstanding: 113.42m
- Website: https://www.qldem.com.au
- QEM Limited
- 50 Appel Street
- Suite 6A
- Surfers Paradise
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 07:05|
|End of Day Share Price||2021/10/22 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.