QMines Ltd. (AU:QML)
ASX:QML
QML Stock Chart & Stats
AU$0.06
>-AU$0.01(-9.43%)
At close: 4:00 PM EST
AU$0.06
>-AU$0.01(-9.43%)
Day’s Range― - ―
52-Week RangeAU$0.03 - AU$0.07
Previous CloseN/A
Volume90.00K
Average Volume (3M)2.00M
Market Cap
AU$29.14M
Enterprise ValueAU$24.91M
Total Cash (Recent Filing)AU$5.84M
Total Debt (Recent Filing)AU$1.61M
Price to Earnings (P/E)―
Beta1.11
Next Earnings
Sep 25, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding647,604,430
10 Day Avg. Volume1,993,740
30 Day Avg. Volume1,997,672
Financial Highlights & Ratios
PEG Ratio0.11
Price to Book (P/B)0.62
Price to Sales (P/S)178.47
P/FCF Ratio-2.55
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Leverage / Strong Balance SheetQMines' very low reported leverage and rising equity into 2025 provide durable funding flexibility for a development-stage miner. Low debt reduces refinancing and interest cost risk, allowing the company to sustain exploration and early development programs without immediate credit pressure.
Defined Primary Asset FocusHaving a clear, tangible development target in Mt Chalmers and a stated focus on copper and gold gives strategic clarity. A defined asset pathway concentrates capital allocation and operational planning, improving the company's ability to advance permitting, drilling and eventual commercialisation if exploration succeeds.
Exploration Capability & ESG EmphasisUse of innovative exploration methods and an ESG-oriented approach are durable strengths for a junior miner: they can improve discovery hit rates, lower per‑ounce finding costs, and ease permitting and stakeholder approvals, supporting longer-term project delivery and access to ESG-sensitive capital.
Bears Say
Weak Cash GenerationPersistent negative operating and free cash flow materially constrain QMines' internal funding capacity. Over the medium term this limits the pace of exploration and development unless external capital is secured, increasing execution risk for project milestones and prolonging time to potential revenue generation.
Consistent Losses / Negative MarginsRecurrent net losses and strongly negative margins indicate the company is not yet operationally scalable. Continued losses erode shareholder value and provide negative returns on equity, meaning long-term viability depends on successful resource definition and costly development steps to reach positive cash generation.
Reliance On External Equity FundingQMines' stated funding model — dependence on equity raises while in exploration/development — creates durable dilution risk and reliance on capital market access. If market conditions or investor appetite tighten, project timelines and development funding could be delayed or require more dilutive financings.
QMines Ltd. News
QML FAQ
What was QMines Ltd.’s price range in the past 12 months?
QMines Ltd. lowest share price was AU$0.03 and its highest was AU$0.07 in the past 12 months.
What is QMines Ltd.’s market cap?
QMines Ltd.’s market cap is AU$29.14M.
When is QMines Ltd.’s upcoming earnings report date?
QMines Ltd.’s upcoming earnings report date is Sep 25, 2026 which is in 182 days.
How were QMines Ltd.’s earnings last quarter?
QMines Ltd. released its earnings results on Mar 16, 2026. The company reported -AU$0.005 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.005.
Is QMines Ltd. overvalued?
According to Wall Street analysts QMines Ltd.’s price is currently Overvalued.
Does QMines Ltd. pay dividends?
QMines Ltd. does not currently pay dividends.
What is QMines Ltd.’s EPS estimate?
QMines Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does QMines Ltd. have?
QMines Ltd. has 647,604,430 shares outstanding.
What happened to QMines Ltd.’s price movement after its last earnings report?
QMines Ltd. reported an EPS of -AU$0.005 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -4%.
Which hedge fund is a major shareholder of QMines Ltd.?
Currently, no hedge funds are holding shares in AU:QML
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
QMines Ltd. Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
-33.33%
12-Months-Change
Fundamentals
Return on Equity
-12.73%
Trailing 12-Months
Asset Growth
43.04%
Trailing 12-Months
Company Description
QMines Ltd.
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 northeast of Rockhampton. It also holds interest in the Silverwood project, which consists of 78 subblocks covering approximately 234 square kilometers located to south of Warwick in Queensland; the Warroo project comprising 72 sub-blocks, which covers an area of approximately 216 square kilometers located to west of Stanthorpe in Queensland; and the Herries Range project that consists of 110 sub-blocks covering an area of approximately 330 square kilometers located to west of Warwick in south-east Queensland. The company was incorporated in 2020 and is headquartered in Mosman, Australia.
Technical Analysis
Coppermoly Limited
―
Cannindah Resources Limited
―
Great Southern Mining Limited
―
Forrestania Resources Limited
―
Haranga Resources Limited
―