50MEDIUM

QML

QMINES FPO [QML]
QMines Limited explores and develops mineral properties in Australia. The company explores for gold, copper, zinc, and silver deposits. Its flagship project is the 100% owned Mount Chalmers project, which consists of five minerals exploration permits covering an area of 334 square kilometers located North-East of Rockhampton, Queensland. QMines Limited was incorporated in 2020 and is headquartered in Mosman, Australia.
Basic Materials · ASX Small Cap
$0.0450 -2.2%

Updated 26 Mar 2026 · Scores refresh every scan

Appeared in 2 consecutive scans→ Score +9First seen: 2026-02-25

Score Breakdown

Technical44
Catalyst57
Sentiment50
Fundamental35
Momentum72
Risk Gate45
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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • MACD momentum is losing steam
  • Stochastic is deep in oversold territory — bounce conditions forming
  • Smart money may be accumulating — volume is flowing in even though price hasn't moved yet
  • Sitting near support — this level has held before and could attract buyers again
  • Took a hit — down 11.8% over the last 5 days
  • Lagging the Small Ords index — relative strength of 0.90, underperforming its peers
  • Volume-price trend says buyers are quietly accumulating — price hasn't caught up yet
  • Low cash runway (3 quarters) - dilution risk
  • Very high P/S ratio (353.6x)
  • Small-cap ($20-100M)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 60% over the past year (excluding last month)
  • The bigger volume days are the up days — volume-weighted momentum is positive (3.44%/day)
  • Low-priced stock risk ($0.045)
  • RBA hiking (-3pts)

Risk Signals

  • Trading below both moving averages — the trend is working against this one
  • Below the 200-day average — the long-term trend is still working against it
  • Revenue declining (-8%)
  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

NONE Corporate Update
NONE Half Year Accounts
NONE Drilling Delivers Further High-Grade Gold and Silver
MEDIUM Bonanza Gold & Silver Results Confirmed at Mount Mackenzie
MEDIUM Visible Gold Observed in Drilling at Mount Mackenzie

Recent ASX Announcements

2026-03-23 Corporate Update
2026-03-17 Bonanza Gold & Silver Results Confirmed at Mount Mackenzie PRICE SENSITIVE
2026-03-16 Half Year Accounts
2026-03-08 Drilling Delivers Further High-Grade Gold and Silver PRICE SENSITIVE
2026-02-25 Visible Gold Observed in Drilling at Mount Mackenzie PRICE SENSITIVE

Key Metrics

$29.1M
Market Cap
2.0M
Avg Volume
1.0x
Vol Ratio
$0.03 — $0.07
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-13.5%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 75%
LLeader vs LaggardlaggardRS: -1
IInstitutional SponsorshipweakInst: 1%
MMarket DirectionneutralNeutral

Sector: Basic Materials

Ranked #164 of 558 · Sector avg: 46

View all Basic Materials signals →
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Compare:QML vs SLSQML vs CUFQML vs ELV
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