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 -5.9%

Updated 22 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Stochastic is deep in oversold territory — bounce conditions forming
  • Bollinger Bands are tightening — volatility is coiling up for a potential breakout
  • Sitting near support — this level has held before and could attract buyers again
  • Drifting lower — down 5.9% over the last 5 days
  • Lagging the Small Ords index — relative strength of 0.80, underperforming its peers
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Critical cash runway (1.6 quarters)
  • Revenue in sharp decline (-30%)
  • Near 52-week low (9% of range)
  • Micro-cap ($5-20M) - high risk
  • Recent placement detected - dilution risk
  • Dilution velocity warning (2 raises recently)
  • CANSLIM S: Tight float (43%)
  • Sentiment is mixed — no strong consensus either way
  • Pre-revenue company — Altman Z-Score not applicable
  • Elevated dilution risk (2 recent capital raises)
  • Penny stock risk ($0.017)
  • Commodity (Crude Oil): strong_up (+5pts)
  • RBA hiking (-3pts)
  • Calendar: Quarterly 4C in 11d (+5pts)

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 (2/9, 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 (-2.39%/day)
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Recent Catalysts

HIGH Extension of Due Diligence for Acquisition of U.S. Projects
NONE Change in substantial holding
NONE Cleansing Notice
NONE Application for quotation of securities - QEM
MEDIUM Placement Cleansing Notice

Recent ASX Announcements

2026-07-01 Extension of Due Diligence for Acquisition of U.S. Projects
2026-06-15 Change in substantial holding
2026-06-11 Cleansing Notice
2026-06-11 Application for quotation of securities - QEM
2026-06-01 Placement Cleansing Notice

Key Metrics

$6.0M
Market Cap
262K
Avg Volume
1.4x
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: 43%
LLeader vs LaggardlaggardRS: -34
IInstitutional SponsorshipweakInst: 3%
MMarket DirectionneutralNeutral

Sector: Energy

62 tickers in this sector

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