The company has issued more shares over this period, which dilutes each existing shareholder’s stake.
Diluted shares outstanding: 138.7M (2021) → 352.0M (2025)
QMines Limited is an Australian enterprise dedicated to the exploration and development of copper and gold resources. Its principal asset is the Mount Chalmers copper and gold mine, an extensive property of approximately 316 square kilometers located northeast of Rockhampton. The company's diverse portfolio further includes the Silverwood project, which comprises 78 sub-blocks covering about 234 square kilometers south of Warwick, Queensland; the Warroo project, spanning 72 sub-blocks over roughly 216 square kilometers west of Stanthorpe, Queensland; and the Herries Range project, encompassing 110 sub-blocks totaling around 330 square kilometers situated west of Warwick in southeastern Queensland. Established in 2020, QMines Limited is headquartered in Mosman, Australia.
When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.
-100.0% YoY
YoY Growth Rate
Revenue declining
+14.8% YoY
YoY Growth Rate
Steady EPS growth
$0/ year
0.0% of revenue
Below sector average (3%)
Research and development spending
~3 months
$6M cash & investments
Quarterly Free Cash Flow
↓ Burn rate worsening
Short runway — potential dilution ahead through share issuance
QMines Limited has less than a year of cash at its current burn rate. Growth investors should watch for potential share dilution from future fundraising — that directly reduces your ownership.
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Negative ROIC means the business is losing money on every dollar invested in it.
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Free cash flow is negative. They are burning cash, not generating it.
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See every metric, trend, and what it means for this stock.
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See every metric, trend, and what it means for this stock.
