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QXR logo

QX Resources ASX:QXR Stock Report

Last Price

AU$0.004

Market Cap

AU$5.1m

7D

0%

1Y

-83.3%

Updated

25 Dec, 2024

Data

Company Financials

QX Resources Limited

ASX:QXR Stock Report

Market Cap: AU$5.1m

QXR Stock Overview

Engages in the exploration and development of battery minerals in Australia and the United States. More details

QXR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Risk Analysis

Earnings have declined by 24.8% per year over past 5 years

Makes less than USD$1m in revenue (A$0)

Does not have a meaningful market cap (A$5M)

Highly volatile share price over the past 3 months compared to the Australian market

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

QX Resources Limited Competitors

BPM Minerals

ASX:BPM

AU$6.3m

TechGen Metals

ASX:TG1

AU$5.2m

Canterbury Resources

ASX:CBY

AU$4.9m

Dalaroo Metals

ASX:DAL

AU$4.5m

Price History & Performance

Summary of share price highs, lows and changes for QX Resources
Historical stock prices
Current Share PriceAU$0.004
52 Week HighAU$0.027
52 Week LowAU$0.003
Beta-0.21
1 Month Change0%
3 Month Change-42.86%
1 Year Change-83.33%
3 Year Change-80.95%
5 Year Change-80.00%
Change since IPO-99.83%

Recent News & Updates

Recent updates

Here's Why We're Not Too Worried About QX Resources' (ASX:QXR) Cash Burn Situation

Nov 09
Here's Why We're Not Too Worried About QX Resources' (ASX:QXR) Cash Burn Situation

QX Resources (ASX:QXR) Is In A Good Position To Deliver On Growth Plans

Apr 22
QX Resources (ASX:QXR) Is In A Good Position To Deliver On Growth Plans

Shareholder Returns

QXRAU Metals and MiningAU Market
7D0%-1.8%-1.0%
1Y-83.3%-19.8%7.5%

Return vs Industry: QXR underperformed the Australian Metals and Mining industry which returned -18.8% over the past year.

Return vs Market: QXR underperformed the Australian Market which returned 8.5% over the past year.

Price Volatility

Is QXR's price volatile compared to industry and market?
QXR volatility
QXR Average Weekly Movement23.2%
Metals and Mining Industry Average Movement10.7%
Market Average Movement8.0%
10% most volatile stocks in AU Market16.7%
10% least volatile stocks in AU Market3.1%

Stable Share Price: QXR's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: QXR's weekly volatility (23%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2010n/an/aqxresources.com.au

QX Resources Limited engages in the exploration and development of battery minerals in Australia and the United States. It primarily explores for lithium, gold, copper, molybdenum, iron, nickel, and cobalt deposits. The company was formerly known as Hipo Resources Limited and changed its name to QX Resources Limited in October 2020.

QX Resources Limited Fundamentals Summary

How do QX Resources's earnings and revenue compare to its market cap?
QXR fundamental statistics
Market capAU$5.12m
Earnings (TTM)-AU$1.77m
Revenue (TTM)n/a

0.0x

P/S Ratio

-2.9x

P/E Ratio

Is QXR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
QXR income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
Other ExpensesAU$1.77m
Earnings-AU$1.77m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.0014
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did QXR perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 02:03
End of Day Share Price 2024/12/23 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

QX Resources Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution