SmallCaps
ASX:QMLMaterialsDiversified Metals & Mining

QMines Ltd

QMines Limited is an Australia-based copper, silver and gold development company.

$0.071 ⁠$0.002 (2.74%)AUD · Closed
+31.5%52-week return
Day Range
$0.071$0.074
52 Week Range
$0.043$0.074
Volume
3.22M
Avg Volume (10D)
1.80M
Market Cap
$53.31M
The company

The business

What QMines Ltd does

QMines Limited is an Australia-based copper, silver and gold development company. The Company owns 100% of the Mt Chalmers (copper-gold), Develin Creek (copper-zinc) and Mt Mackenzie (gold and silver) projects, located within 90 kilometers (km) of Rockhampton in Queensland. The Company’s flagship project, Mt Chalmers, situated 17 km north-east of Rockhampton, consists of five exploration permits for minerals and covers approximately 316 square kilometers. The Develin Creek Project is located approximately 90 km west of Rockhampton in Queensland. The project consists of two tenements, EPM 17604 and EPM 16749, for a total area of approximately 272 square kilometers. The Company's Mt Mackenzie Project is an advanced-stage gold and silver project located approximately 140 km northwest of Rockhampton. The project includes two parcels of freehold land and two granted tenements (EPM 10006 and MDL 2008).

Incorporated
AUS
Public since
2021-05-06
Shareholders
1,816
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Share price & key data

Share price

OHLC · volume · moving averages
$0.071+$0.023 (+47.92%)over 6M
Hi$0.074Lo$0.044
Price-sensitive newsVolumePrev close · 52W range

Market Statistics

Today
Open
$0.073
Prev Close
$0.073
Day High
$0.074
Day Low
$0.071
52wk High
$0.074
52wk Low
$0.043

Valuation

Multiples
Market Cap
$53.31M
Shares Out
750.84M
Price/Book
1.35

Trading Activity

Volume & book
Volume
3.22M
Value Traded
$234.82K
Bid
$0.071 × 383,999
Ask
$0.074 × 744,528
Avg Vol 10D
1.80M

Performance

Total return
1 Day
+0.00%
5 Day
+9.23%
13 Week
+36.54%
52 Week
+31.48%
YTD
+47.92%
Peers & news

Latest news

From the Small Caps desk
QMines Delivers Additional High-Grade Copper-Zinc Intersections at Sulphide City
Mining & Resources

QMines Delivers Additional High-Grade Copper-Zinc Intersections at Sulphide City

QMines Limited (ASX: QML) has reported further strong drilling results from the Sulphide City deposit within its 100%-owned Develin Creek copper-zinc project in Queensland. The latest assays confirm thick, high-grade mineralisation consistent with historical intercepts and extend known zones beyond previous drilling. A total of 32 holes have been completed for 6,643 metres, with assays […]

QMines expands Mt Chalmers holding with new Striker tenement acquisition
Mining & Resources

QMines expands Mt Chalmers holding with new Striker tenement acquisition

QMines (ASX: QML) has announced the strategic purchase of a new tenement at the Striker prospect in Queensland. The tenement was among 33 sub-blocks QMines applied for to close a notable window within its Mt Chalmers tenement holdings. The area has now been granted to the company’s wholly-owned subsidiary Rocky Copper for a minimum period […]

QMines confirms commercial potential of Develin Creek with positive metallurgical results
Mining & Resources

QMines confirms commercial potential of Develin Creek with positive metallurgical results

QMines (ASX: QML) has received generally positive maiden metallurgical test work results for future production from Develin Creek, confirming the Queensland project’s commercial potential. The metallurgical results indicate that Develin Creek can produce saleable copper and pyrite concentrates. Further work, however, will need to be undertaken with regard to zinc production. Consistent success The company’s […]

QMines hits mineralisation in all holes to date at Develin Creek drilling campaign
Mining & Resources

QMines hits mineralisation in all holes to date at Develin Creek drilling campaign

QMines (ASX: QML) has intersected mineralisation in all holes completed to date in its initial reverse circulation (RC) drilling campaign at the Develin Creek project in Queensland. Mineralisation has been found in the expected sections, which the company’s management says is providing confidence in the success of a planned resource update. QMines will have a […]

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