Metrics to compare | QEM | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipQEMPeersSector | |
|---|---|---|---|---|
P/E Ratio | −2.3x | −4.9x | 4.1x | |
PEG Ratio | −0.04 | 0.07 | 0.00 | |
Price/Book | 1.3x | 1.9x | 1.6x | |
Price / LTM Sales | - | 34.2x | 1.3x | |
Upside (Analyst Target) | - | 57.4% | 41.7% | |
Fair Value Upside | Unlock | 10.1% | 2.7% | Unlock |
QEM Limited engages in the exploration and development of mineral and rare earth element projects in Australia. The company explores for vanadium, oil shale, tungsten, antimony, gold, niobium, tantalum, and rare earth elements. Its flagship project is the 100% owned Julia Creek Vanadium and Energy Project comprising four granted Exploration Permits for Minerals covering an area of 249.6 square kilometers located in Queensland, Australia. The company was formerly known as Queensland Energy & Minerals Pty Ltd and changed its name to QEM Limited in August 2018. QEM Limited was incorporated in 2014 and is headquartered in Brisbane, Australia.