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
$0.0520 +0.0%

Updated 24 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • Above-average volume (1.8x) on a red day — sellers in control
  • 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 (505.8x)
  • Small-cap ($20-100M)
  • Sentiment is mixed — no strong consensus either way
  • The bigger volume days are the up days — volume-weighted momentum is positive (0.39%/day)
  • RBA hiking (-3pts)
  • Calendar: Quarterly 4C in 9d (+5pts)

Risk Signals

  • 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 20)
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Recent Catalysts

NONE Multi-Rig 10,000m Drilling Program Underway at Mt Chalmers
NONE Notification of cessation of securities - QML
NONE Results of General Meeting

Recent ASX Announcements

2026-07-22 Multi-Rig 10,000m Drilling Program Underway at Mt Chalmers PRICE SENSITIVE
2026-07-20 Notification of cessation of securities - QML
2026-07-20 Results of General Meeting
2026-07-14 Notification of cessation of securities - QML
2026-07-05 Queensland Government & QIC Inspect Progress at Mt Chalmers

Key Metrics

$41.7M
Market Cap
653K
Avg Volume
1.8x
Vol Ratio
$0.04 — $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: 66%
LLeader vs LaggardlaggardRS: -8
IInstitutional SponsorshipweakInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

507 tickers in this sector

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