QMines Limited engages in the development and exploration of copper and gold projects in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.40|
|52 Week High||AU$0.25|
|52 Week Low||AU$0.67|
|1 Month Change||29.03%|
|3 Month Change||12.68%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||48.15%|
Recent News & Updates
|QML||AU Metals and Mining||AU Market|
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.
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
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
|QML fundamental statistics|
Is QML overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|QML income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.016|
|Net Profit Margin||-68,758.53%|
How did QML perform over the long term?See historical performance and comparison
Is QMines 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 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).
How is QMines forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
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.
How has QMines performed over the past 5 years?
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.
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.
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.
How experienced are the management team and are they aligned to shareholders interests?
QMines has no CEO, or we have no data on them.
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
Dilution of Shares: QML only recently listed within the past 12 months.
QMines Limited's employee growth, exchange listings and data sources
- 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
- QMines Limited
- 34 Suakin Drive
- Suite J
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 15:51|
|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.