Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
QMines Limited engages in the development and exploration of copper and gold projects in Australia. The company's flagship project is the Mount Chalmers copper and gold mine covering an area of approximately 316 square kilometers located to the northeast of Rockhampton. It also holds interest in the Silverwood project, which consists of 78 subblocks covering approximately 234 square kilometers located to south of Warwick in Queensland; the Warroo project comprising 72 sub-blocks, which covers an area of approximately 216 square kilometers located to west of Stanthorpe in Queensland; and the Herries Range project that consists of 110 sub-blocks covering an area of approximately 330 square kilometers located to west of Warwick in south-east Queensland. The company was incorporated in 2020 and is headquartered in Mosman, Australia.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers.