QEM

QEMLIMITED FPO [QEM]
QEM Limited engages in the exploration and development of vanadium and oil shale project in Australia. Its flagship project is the Julia Creek oil shale and vanadium project comprising 4 tenements covering an area of 249.6 square kilometers located in the Julia Creek area of North Western Queensland, Australia. The company was formerly known as Queensland Energy & Minerals Pty Ltd and changed its name to QEM Limited in August 2018. QEM Limited was incorporated in 2014 and is headquartered in Surfers Paradise, Australia.
Energy · ASX Small Cap
$0.0160 +23.1%

Updated 9 Sep 2026 · Signals refresh every scan

Appeared in 2 consecutive scansFirst seen: 2026-02-25
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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Stochastic is deep in oversold territory — bounce conditions forming
  • Volume surging at 10.5x normal while price climbs — real buying conviction behind this move
  • Took a hit — down 11.1% over the last 5 days
  • Lagging the Small Ords index — relative strength of 0.82, underperforming its peers
  • Critical cash runway (1.6 quarters)
  • Revenue in sharp decline (-30%)
  • Near 52-week low (2% of range)
  • Micro-cap ($5-20M) - high risk
  • CANSLIM S: Tight float (44%)
  • Sentiment is mixed — no strong consensus either way
  • Pre-revenue company — Altman Z-Score not applicable
  • Penny stock risk ($0.014)
  • Commodity (Crude Oil): strong_up (+7pts)
  • AUD/USD strong (-2pts)
  • 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
  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Revenue declining at -30% — the top line is shrinking
  • The bigger volume days are the down days — volume-weighted momentum is negative (-3.74%/day)

Expected next for QEM

2 Nov 2026Quarterly Cash Flow Report (4C)Estimated from past filings
Window: 26 Oct to 9 Nov
The last 7 moved QEM +1.0% on the day, on average — an observation, not a guide to what happens next.
Each date is labelled with how it is known. A date estimated from past filings is inferred from this company's own filing rhythm — it is not a confirmed date and not a statement about what the company intends to do. See the whole ASX calendar →

Recent Catalysts

NONE Notification of cessation of securities - QEM
NONE Significant Expansion Opportunities Big It Tungsten Project
NONE Notice of General Meeting/Proxy Form

Recent ASX Announcements

2026-08-26 Notification of cessation of securities - QEM
2026-08-25 Significant Expansion Opportunities Big It Tungsten Project PRICE SENSITIVE
2026-08-24 Notice of General Meeting/Proxy Form
2026-08-24 Options Expiring
2026-08-21 Notification regarding unquoted securities - QEM

Key Metrics

$5.1M
Market Cap
2.3M
Avg Volume
10.5x
Vol Ratio
$0.01 — $0.06
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-159.8%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 44%
LLeader vs LaggardlaggardRS: -26
IInstitutional SponsorshipweakInst: 3%
MMarket DirectionneutralNeutral

Sector: Energy

68 tickers in this sector

View all Energy signals →Browse all ASX tickers A–Z →
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