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1 Comment
QX Resources Limited is currently in a long term uptrend where the price is trading 55.2% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Based on the above factors, QX Resources Limited gets an overall score of 2/5.
| Exchange | AU |
|---|---|
| CurrencyCode | AUD |
| ISIN | AU0000108797 |
| Sector | Basic Materials |
| Industry | Other Industrial Metals & Mining |
| Market Cap | 8M |
|---|---|
| Target Price | 10 |
| Dividend Yield | 0.0% |
| PE Ratio | None |
| Beta | 0.88 |
Hipo Resources Limited engages in the exploration and exploitation of mineral properties. It holds a 60% interest in the Kamola lithium project located in the Manono and Kitolo Lithium pegmatite belt of the Democratic Republic of Congo; and a 24% interest in the Busumbu Phosphate project located in Uganda. The company was formerly known as Black Mountain Resources Limited and changed its name to Hipo Resources Limited in June 2018. Hipo Resources Limited was incorporated in 2010 and is headquartered in West Perth, Australia.
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