QX Resources Ltd (AU:QXR)
ASX:QXR
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QX Resources Ltd
(Sydney:QXR)
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Rating:46Neutral
Price Target:
AU$0.01
▲(0.00% Upside)
Action:UpgradedDate:12/30/25
The score is held down primarily by weak financial performance—very small and inconsistent revenue, persistent losses, and ongoing cash burn—despite the benefit of having no debt. Technical and valuation inputs are largely unavailable, so they contribute neutrally rather than improving conviction.
Positive Factors
Debt-Free Balance Sheet
A debt-free balance sheet reduces financial risk and refinancing pressure, providing the company with greater financial flexibility.
Negative Factors
Inconsistent Revenue
Inconsistent revenue generation reflects the challenges of an early-stage exploration company, limiting financial predictability and stability.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-Free Balance Sheet
A debt-free balance sheet reduces financial risk and refinancing pressure, providing the company with greater financial flexibility.
Read all positive factors
QX Resources Ltd (QXR) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$9.51M
Dividend YieldN/A
Average Volume (3M)N/A
Price to Earnings (P/E)―
Beta (1Y)-0.89
Revenue GrowthN/A
EPS Growth-123.53%
CountryAU
Employees2
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding2,112,663,300
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)1.14
Price to Sales (P/S)57.94
P/FCF Ratio-3.42
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
QX Resources Ltd Business Overview & Revenue Model
Company Description
QX Resources Limited engages in the exploration and exploitation of mineral properties in Queensland and Western Australia. The company primarily explores for gold and base metals, including nickel. The company was formerly known as Hipo Resources...
How the Company Makes Money
QX Resources Ltd generates revenue through the exploration and development of its mineral projects. The company makes money by discovering and proving up mineral resources, which can then be sold, developed, or partnered with larger mining compani...
QX Resources Ltd Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
55
Neutral
Cash Flow
32
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 42.47K | 42.47K | 0.00 | 133.50K | 0.00 | 0.00 |
| Gross Profit | 42.47K | 42.47K | 0.00 | 133.50K | 0.00 | 0.00 |
| EBITDA | -461.85K | -222.07K | -1.23M | -1.03M | -1.35M | -1.20M |
| Net Income | -6.59M | -5.04M | -1.77M | -1.97M | -4.51M | -1.45M |
Balance Sheet | ||||||
| Total Assets | 2.86M | 2.36M | 6.47M | 4.16M | 4.89M | 3.54M |
| Cash, Cash Equivalents and Short-Term Investments | 1.10M | 588.75K | 655.55K | 1.97M | 3.97M | 1.74M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 378.86K | 213.22K | 238.39K | 246.59K | 174.88K | 184.78K |
| Stockholders Equity | 2.48M | 2.15M | 6.23M | 3.92M | 4.72M | 3.36M |
Cash Flow | ||||||
| Free Cash Flow | -544.11K | -719.68K | -1.16M | -1.66M | -1.13M | -557.92K |
| Operating Cash Flow | -422.23K | -597.80K | -823.11K | -719.33K | -693.01K | -442.05K |
| Investing Cash Flow | -889.20K | -328.44K | -3.63M | -1.92M | -1.03M | -783.48K |
| Financing Cash Flow | 1.56M | 949.63K | 3.17M | 830.83K | 3.62M | 2.10M |
QX Resources Ltd Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | AU$13.24M | -1.24 | -7.72% | ― | ― | 69.66% | |
50 Neutral | AU$11.62M | -1.54 | -27.04% | ― | ― | -121.54% | |
47 Neutral | AU$14.79M | -6.99 | -23.12% | ― | ― | 83.93% | |
46 Neutral | AU$9.51M | -0.83 | -284.59% | ― | ― | -123.53% | |
| ― | AU$4.73M | -5.50 | -26.98% | ― | ― | 4.35% | |
41 Neutral | AU$3.36M | -0.44 | -109.35% | ― | ― | 48.22% |
* Basic Materials Sector Average
AU:QXR
QX Resources Ltd
―
―
―
AU:CZN
Corazon Mining Limited
0.18
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-16.28%
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Boadicea Resources Ltd.
0.04
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122.22%
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Fin Resources Limited
0.01
<0.01
10.00%
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Province Resources Ltd
0.01
0.00
0.00%
AU:LRD
Lord Resources Limited
0.02
0.00
0.00%
QX Resources Ltd Corporate Events
QX Resources Options Lapse, Simplifying Capital Structure
Dec 29, 2025
QX Resources Ltd has announced the cessation of 10 million unexercised options (ASX code QXRAC) that expired on 29 December 2025, each with an exercise price of A$0.05. The expiry of these options without conversion slightly simplifies the company...
QX Resources Announces Change in Director’s Interest
Dec 12, 2025
QX Resources Limited has announced a significant change in the director’s interest, specifically involving Daniel Smith. The changes include the acquisition of a substantial number of ordinary shares, unlisted options, and performance shares...
QX Resources Completes Share Placement to Bolster Uranium Project
Dec 12, 2025
QX Resources Limited has completed the issuance of 50,000,000 fully paid ordinary shares at $0.004 per share, as part of a placement approved by shareholders. Additionally, 15,000,000 shares were issued to the facilitator of the Madaba Uranium Pro...
QX Resources Issues Unquoted Securities
Dec 12, 2025
QX Resources Limited has announced the issuance of 163,791,108 unquoted securities, specifically options expiring on December 23, 2027, with an exercise price of $0.01. This issuance is part of previously announced transactions and is not intended...
QX Resources Ltd Issues 20 Million Performance Shares
Dec 12, 2025
QX Resources Ltd announced the issuance of unquoted equity securities, specifically performance shares, totaling 20,000,000 shares across three tranches. This move may impact the company’s capital structure and could influence its market pos...
QX Resources Issues Unquoted Equity Securities for Employee Incentive
Dec 12, 2025
QX Resources Ltd has announced the issuance of unquoted equity securities in the form of performance shares. The company is issuing three tranches of performance shares, totaling 230 million shares, as part of an employee incentive scheme. This mo...
QX Resources Ltd Issues 25 Million Unquoted Options
Dec 12, 2025
QX Resources Ltd announced the issuance of 25,000,000 unquoted options set to expire on December 23, 2027, with an exercise price of $0.01. This issuance is part of a previously announced transaction and is not intended to be quoted on the ASX, po...
QX Resources Ltd Announces Quotation of 50 Million New Securities
Dec 12, 2025
QX Resources Ltd has announced the issuance of 50 million fully paid ordinary securities, which will be quoted on the ASX. This move is part of previously announced transactions and could potentially enhance the company’s market presence and...
QX Resources Issues Unquoted Securities
Dec 12, 2025
QX Resources Limited announced the issuance of 7,500,000 unquoted securities, specifically options expiring on December 23, 2027, with an exercise price of $0.01. This move is part of a previously announced transaction and is not intended to be qu...
QX Resources Limited Announces Quotation of New Securities
Dec 12, 2025
QX Resources Limited has announced the application for quotation of 15,000,000 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code QXR. This move is part of a previously announced transaction and reflects the ...
QX Resources to Enhance Uranium Exploration with High-Resolution Survey at Madaba Project
Dec 10, 2025
QX Resources Limited has contracted New Resolution Geophysics to conduct a high-resolution, helicopter-borne radiometric survey at the Madaba Uranium Project in Tanzania. This survey aims to enhance exploration efforts by providing detailed radiom...
QX Resources Set to Begin Drilling at Western Shaw Iron Ore Project
Nov 27, 2025
QX Resources Limited has submitted a Program of Work for a 500m RC drill program at the Western Shaw Iron Ore Project, aiming to confirm high-grade iron ore continuity and collect metallurgical samples. The drilling is set to commence once approve...
QX Resources Ltd Successfully Passes All Resolutions at AGM
Nov 13, 2025
QX Resources Ltd held its Annual General Meeting where all resolutions were passed with significant majorities. Key resolutions included the adoption of the remuneration report, re-election of directors, approval of a 10% placement facility, and r...
QX Resources Updates Securities Trading Policy to Enhance Market Integrity
Nov 10, 2025
QX Resources Limited has announced a revision to its Securities Trading Policy, which is intended to align with ASX Listing Rule 12.10. The updated policy aims to prevent insider trading and ensure high standards of corporate conduct, thereby main...
QX Resources Advances Uranium and Gold Exploration Projects
Oct 28, 2025
QX Resources Ltd has reported progress in its Madaba Uranium Project in Tanzania, confirming high-grade uranium mineralization through the digitization of historical drilling data. The company plans to initiate low-cost exploration programs to ref...
QX Resources Issues New Shares Following Option Conversion
Oct 21, 2025
QX Resources Limited has announced the issuance of 13,889 fully paid ordinary shares following the conversion of unlisted options, each exercisable at $0.01. This move, executed without investor disclosure under Part 6D.2 of the Corporations Act, ...
QX Resources Ltd Announces Quotation of New Securities on ASX
Oct 21, 2025
QX Resources Ltd announced the quotation of 13,889 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of October 21, 2025. This move is part of the company’s strategy to enhance its capital structure and market pre...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.