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QML

QMinesASX:QML Stock Report

Market Cap

AU$44.5m

7D

8.1%

1Y

n/a

Updated

22 Oct, 2021

Data

Company Financials +
QML fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

QML Overview

QMines Limited engages in the development and exploration of copper and gold projects in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for QMines
Historical stock prices
Current Share PriceAU$0.40
52 Week HighAU$0.25
52 Week LowAU$0.67
Beta0
1 Month Change29.03%
3 Month Change12.68%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO48.15%

Recent News & Updates

Shareholder Returns

QMLAU Metals and MiningAU Market
7D8.1%-0.3%0.7%
1Yn/a12.5%21.4%

Return vs Industry: Insufficient data to determine how QML performed against the Australian Metals and Mining industry.

Return vs Market: Insufficient data to determine how QML performed against the Australian Market.

Price Volatility

Is QML's price volatile compared to industry and market?
QML volatility
QML Beta0
Industry Beta0.97
Market Beta1

Stable Share Price: QML is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: Insufficient data to determine QML's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2020n/an/ahttps://www.qmines.com.au

QMines Limited engages in the development and exploration of copper and gold projects in Australia. The company’s flagship project is the Mount Chalmers copper and gold mine covering an area of approximately 316 square kilometers located to the north east of Rockhampton. It also holds interest in the Silverwood project, which consists of 78 subblocks covering approximately 234 square kilometers; the Warroo project comprising 72 sub-blocks, which covers an area of approximately 216 square kilometers; and the Herries Range project that consists of 110 sub-blocks covering an area of approximately 330 square kilometers located in Queensland.

QMines Fundamentals Summary

How do QMines's earnings and revenue compare to its market cap?
QML fundamental statistics
Market CapAU$44.55m
Earnings (TTM)-AU$1.73m
Revenue (TTM)AU$2.51k

20.0kx

P/S Ratio

-25.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
QML income statement (TTM)
RevenueAU$2.51k
Cost of RevenueAU$0
Gross ProfitAU$2.51k
ExpensesAU$1.73m
Earnings-AU$1.73m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.016
Gross Margin100.00%
Net Profit Margin-68,758.53%
Debt/Equity Ratio0.0%

How did QML perform over the long term?

See historical performance and comparison

Valuation

Is QMines undervalued compared to its fair value and its price relative to the market?

3.17x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate QML's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate QML's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: QML is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: QML 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 QML's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: QML is overvalued based on its PB Ratio (3.2x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is QMines forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-1.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: QML is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: QML is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: QML is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: QML is forecast to have no revenue next year.

High Growth Revenue: QML is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: QML is forecast to be unprofitable in 3 years.


Past Performance

How has QMines performed over the past 5 years?

23.6%

Historical Materials annual earnings growth


Earnings and Revenue History

Quality Earnings: QML is currently unprofitable.

Growing Profit Margin: QML is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if QML's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare QML's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: QML 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: QML has a negative Return on Equity (-12.31%), as it is currently unprofitable.


Financial Health

How is QMines's financial position?


Financial Position Analysis

Short Term Liabilities: QML's short term assets (A$9.3M) exceed its short term liabilities (A$336.7K).

Long Term Liabilities: QML has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: QML is debt free.

Reducing Debt: QML has not had any debt for past 5 years.

Debt Coverage: QML has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: QML has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is QMines's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate QML's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate QML'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 QML's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if QML'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 QML's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

QMines has no CEO, or we have no data on them.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: QML only recently listed within the past 12 months.


Top Shareholders

Company Information

QMines Limited's employee growth, exchange listings and data sources


Key Information

  • Name: QMines Limited
  • Ticker: QML
  • Exchange: ASX
  • Founded: 2020
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$44.549m
  • Shares outstanding: 111.37m
  • Website: https://www.qmines.com.au

Location

  • QMines Limited
  • 34 Suakin Drive
  • Suite J
  • Mosman
  • New South Wales
  • 2088
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 15:51
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.