Mining

QX Resources Limited (ASX:QXR)

Industry Group : Materials | Industry Group Name : Metals & Mining

Market Price : AUD 0.030.009 (42.857%)

(as on 2021-10-23 05:51:09)

Market Cap : AUD 19.991 M

Previous Close Open Close* Day Range 52 WEEK HIGH LOW
0.021 0.022 0.03 0.022L 0.034 H 0.01L 0.034 H
Last Trade 0.03
Change% 42.8571
52 W H/L 0.034/0.01
EBITDA -1.258 M
NPAT After Abnormal Items -1.449 M
Equity 3.358 M
ROE% -43.17%
Total Liabilities 184,778
Total Revenue 109,366
Cash and Cash Equivalents 1.742 M

Stock Information

Share price 0.03
Market Cap 19.991 M
Price/Gross Cash Flow -10.52
Dividend Yield Excluding Special 0.00%
Ending Shares 666.362 M
52-Week Range 0.01-0.034
P/E ratio 0.000
Sector P/E --
EPS -0.28
EV/EBITDA --
Net Profit Margin (%) --
Gross Cash Flows Per Share -0.00
Net Gearing -51.87%
Gross DPS (AUD) 0
Gross Dividend Yield (Annualized) 0.00%
Earnings Yield 0.000
Net Tangible Asset (NTA) 0.01
Sales Per Share 0.00
Book Value Per Share 0.01

Announcements

Heading Date/Time

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About Company

QX Resources Limited (ASX: QXR) is a Perth-based exploration company listed on the Australian Securities Exchange. The company focuses on expanding its gold resource inventory on the back of its extensive exploration assets in the Clermont district of Central Queensland. 

The Company has an earn-in agreement with Zamia Resources Pty Ltd, a 100%-owned subsidiary of Zamia Metals Limited, which owns four exploration licenses in the Central Queensland goldfields along with open-pit historical gold mines (the Belyando and Lucky Break Mines) and several unexplored targets.

QX originally assumed 50% ownership of Zamia Resources and has now effectively expanded its interest to 70%, driven by positive results and more work planned across the leases. Notably, the Company can move to 90% ownership of Zamia Resources. QXR has also secured a new exploration permit EPM27791 (Llanarth project) stretching over 232 square kilometres in the Drummond basin of Queensland.

QX has a farm-in agreement with African Minerals Ventures Ltd (AMV) whereby AMV will earn a 51% interest in the Busumbu Phosphate Project by spending US$3 million over three years. For the first US$3 million spent, QX retains a 24% free carried interest in the Busumbu Phosphate Project. The project is said to have potential for delineating new gold mineralisation by assessing several high-order gold/arsenic soil anomalies. 

The company also owns an interest in the lithium-ion battery technology company, Next-Battery, for effectively upgrading the functional properties of a battery electrode. Next-Battery has pilot-production equipment as well as facilities in Ukraine to expedite development activities. 

QXR is advancing its diverse range of initiatives, backed by the company’s board and management, which have extensive experience in investment markets, mineral exploration, capital markets and marketing of mineral concentrates. 

Corporate Information

company address Level 2, 34 Colin Street, WEST PERTH, WA, AUSTRALIA, 6005

company phone(08) 9321 7277

company email[email protected]

company websitehttp://www.hiporesources.com.au

Dividends

Ex-Dividend Date Franking DPS (AUD) Dividend Yield
30/06/2021 -- 0.000 0.00%
30/06/2020 -- 0.000 0.00%
30/06/2019 -- 0.000 0.00%
30/06/2018 -- 0.000 0.00%
30/06/2017 -- 0.000 0.00%
30/06/2016 -- 0.000 0.00%
30/06/2015 -- 0.000 0.00%
30/06/2014 -- 0.000 0.00%
30/06/2013 -- 0.000 0.00%
30/06/2012 -- 0.000 0.00%

Event Calendar

Event Type Event Date Event Year
Report (Annual) 2022-09-29 2022
Report (Quarterly) 2022-07-26 2022
Report (Quarterly) 2022-04-29 2022
Report (Quarterly) 2022-01-28 2022

Financials

Breakdown 30/06/2021 30/06/2020 30/06/2019 30/06/2018 30/06/2017
Trading Revenue -- -- -- -- 1.229 M
Other Revenue 109,366 0 57,880 478,787 1.144 M
Total Revenue 109,366 0 57,880 478,787 2.373 M
Interest Income 0 0 0 0 0
Interest Expenses -1,920 -2,433 -132,324 -251,319 -742,883
Expenses -1.557 M -485,422 -737,951 -1.585 M -10.145 M
EBITDA -1.448 M -485,422 -680,071 -1.106 M -7.772 M
Depreciation and Amortization 0 0 0 -63,320 -200,977
Depreciation 0 0 0 -63,320 -200,977
Amortisation 0 0 0 0 0
EBIT -1.448 M -485,422 -680,071 -1.169 M -7.973 M
Pre Tax Profit -1.449 M -487,855 -812,395 -1.421 M -8.716 M
Tax Expense 0 0 0 0 0
Net Profit After Tax -1.449 M -487,855 -812,395 -1.421 M -8.716 M
Minority Interest 0 0 0 0 -50,529
Preference Dividend 0 0 0 0 0
Net Abnormal Items 0 0 57,000 478,787 0
Reported Net Profit After Abnormal Items -1.449 M -487,855 -755,395 -280,078 -8.767 M
Ending Shares 666.362 M 386.51 M 386.51 M 382.76 M 153.168 M
Weighted Average Shares 515.873 M 386.51 M 386.305 M 183.446 M 117.229 M
EPS After Abnormal Items (cents) -0.28 -0.13 -0.2 -0.15 -7.48
Breakdown 30/06/2021 30/06/2020 30/06/2019 30/06/2018 30/06/2017
Total Current Assets 1.763 M 874,302 555,113 1.882 M 1.106 M
Total Non Current Assets 1.78 M 755,951 755,951 0 4.039 M
Total Assets 3.542 M 1.63 M 1.311 M 1.882 M 5.145 M
Total Current Liabilities 184,778 553,658 265,840 436,948 4.917 M
Total Non Current Liabilities 0 0 0 0 2.931 M
Total Liabilities 184,778 553,658 265,840 436,948 7.848 M
Net Assets 3.358 M 1.077 M 1.045 M 1.445 M -2.703 M
Breakdown 30/06/2021 30/06/2020 30/06/2019 30/06/2018 30/06/2017
Net Operating Cash -442,054 -133,165 -498,246 -883,203 -3.791 M
Net Invested Cash -783,482 -30,137 -672,765 -978,420 -833,460
Net Financing Cash Flows 2.099 M 483,833 -10,680 3.533 M 4.686 M
Beginning Cash 867,895 547,364 1.729 M 57,277 -5
End Cash Position 1.742 M 867,895 547,364 1.729 M 57,277
Exchange Rate Adjustments 0 0 0 0 -4,931
Other Cash Adjustments 0 0 0 0 0
Ending Cash 1.742 M 867,895 547,364 1.729 M 57,277

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