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QX Resources Ltd
(Sydney:QXR)
QX Resources Ltd (QXR) vs. iShares MSCI Australia ETF (EWA)
QX Resources Ltd Business Overview & Revenue Model
QX Resources Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 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 | -222.07K | -222.07K | -1.23M | -1.03M | -1.35M | -1.20M |
| Net Income | -5.27M | -5.04M | -1.77M | -1.97M | -4.51M | -1.45M |
Balance Sheet | ||||||
| Total Assets | 2.36M | 2.36M | 6.47M | 4.16M | 4.89M | 3.54M |
| Cash, Cash Equivalents and Short-Term Investments | 588.75K | 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 | 213.22K | 213.22K | 238.39K | 246.59K | 174.88K | 184.78K |
| Stockholders Equity | 2.15M | 2.15M | 6.23M | 3.92M | 4.72M | 3.36M |
Cash Flow | ||||||
| Free Cash Flow | -719.68K | -719.68K | -1.16M | -1.66M | -1.13M | -557.92K |
| Operating Cash Flow | -597.80K | -597.80K | -823.11K | -719.33K | -693.01K | -442.05K |
| Investing Cash Flow | -328.44K | -328.44K | -3.63M | -1.92M | -1.03M | -783.48K |
| Financing Cash Flow | 949.63K | 949.63K | 3.17M | 830.83K | 3.62M | 2.10M |
QX Resources Ltd Peers Comparison
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% | |
47 Neutral | AU$3.19M | -0.83 | -61.61% | ― | ― | 48.22% | |
45 Neutral | AU$4.08M | -2.01 | -27.31% | ― | ― | -121.54% | |
38 Underperform | AU$14.18M | -5.45 | -26.98% | ― | ― | 4.35% | |
32 Underperform | AU$7.63M | ― | -120.40% | ― | ― | -123.53% | |
28 Underperform | AU$8.39M | -2.05 | -6.61% | ― | ― | 69.66% | |
25 Underperform | AU$8.06M | -11.11 | -24.22% | ― | ― | 83.93% |
QX Resources Ltd Corporate Events
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’s capital structure and removes a potential source of future share dilution for existing shareholders, though it does not directly alter current issued share capital or operational activities.
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 by Orwellian Investments Pty Ltd, where Smith is a director and indirect shareholder. This change follows shareholder approval at the company’s AGM, indicating a strategic move to align director interests with company performance, potentially impacting the company’s market positioning and stakeholder interests.
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 Project. This move is part of the company’s strategic efforts to advance its projects and strengthen its market position in the mining sector.
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 to be quoted on the ASX, potentially impacting the company’s capital structure and stakeholder interests.
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 positioning by potentially enhancing its financial flexibility.
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 move is likely aimed at aligning employee interests with company performance and could potentially enhance stakeholder value by motivating employees to contribute to the company’s growth.
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, potentially impacting the company’s financial strategy by increasing its capital resources and providing flexibility for future growth.
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 liquidity, impacting its stakeholders and market positioning.
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 quoted on the ASX, potentially impacting the company’s financial strategy and stakeholder interests.
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 company’s ongoing efforts to enhance its market presence and liquidity, potentially impacting its operational capabilities and stakeholder interests.
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 radiometric data, which will help identify and define uranium occurrences and prioritize drilling targets. The survey is expected to improve the efficiency of exploration activities and potentially unlock significant value at the project, with the company preparing to commence on-ground exploration in early 2026.
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 approved, with the company optimistic about the results, which could enhance its position in the iron ore market.
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 ratification of placement shares. These approvals are likely to strengthen the company’s governance and financial strategies, potentially enhancing its market position and providing reassurance to stakeholders.
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 maintaining market confidence and the company’s reputation. This move is significant for stakeholders as it underscores the company’s commitment to regulatory compliance and ethical trading practices.
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 refine drill targets. Additionally, QX Resources is advancing its gold projects in Queensland, with plans to extend high-grade gold results at the Big Red Project, despite previous delays due to weather conditions. These developments could enhance QX Resources’ position in the uranium and gold exploration sectors, potentially impacting stakeholders positively by increasing resource estimates and future production capabilities.
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, signifies the company’s compliance with relevant legislative provisions, indicating a strategic financial maneuver to potentially enhance its capital structure.
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 presence, potentially impacting its operational capabilities and positioning within the resource exploration industry.
QX Resources Ltd has announced its Annual General Meeting, scheduled for November 13, 2025, at Minerva Corporate’s office in Perth. Shareholders are encouraged to participate by lodging proxy votes electronically and to opt for digital communications, reflecting the company’s commitment to efficient and modern shareholder engagement.
QX Resources Limited has announced its Annual General Meeting, which will take place on November 13, 2025, in Perth, Western Australia. Shareholders are encouraged to participate either in person or by proxy, with the agenda including the consideration of financial statements, a non-binding vote on the Remuneration Report, and the re-election of director Daniel Smith. The outcomes of this meeting could influence the company’s governance and strategic direction.
QX Resources Ltd has announced the issuance of 102,369,165 unquoted securities, with an expiration date of December 23, 2027. This issuance is part of previously announced transactions and is not intended to be quoted on the ASX, potentially impacting the company’s financial structuring and stakeholder interests.
QX Resources Limited has successfully completed its non-renounceable Entitlement Offer, raising approximately $818,953.58 through the issuance of new shares and options. The funds will support ongoing exploration activities across the company’s projects, enhancing its financial stability and potential for growth in the mineral exploration industry.
QX Resources Ltd has announced the application for the quotation of 204,738,395 ordinary fully paid securities on the Australian Securities Exchange (ASX), as part of previously announced transactions. This move is expected to enhance the company’s market presence and provide additional capital for its ongoing and future projects, potentially impacting its operational capabilities and stakeholder interests positively.