Queensland Mining Corporation Limited (QMN)



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General Information
Company Name: Queensland Mining Corporation Limited
Stock Code: QMN
Website: www.qmcl.com.au
GICS Sub-Industry: Precious Metals & Minerals
Market Cap ($M): 8
Equiv. Shares (M): 1,129

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.007 $ 0.007 $ 0.007 $ 0.007 $ 0.007 143,617 0%

Company Overview

Business Description:
Queensland Mining Corporation Limited (QMN) is a copper and gold producer in the Cloncurry region of northwest Queensland. QMN aims at development of its flagship White Range Project and focuses on other explorations for gold and copper in the Cloncurry regional areas.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014  A -1.5 -0.2 -- 0.0 0.0 0.0 --
2013  A -5.7 -1.0 -- 0.0 0.0 0.0 --
2012  A -7.1 -1.7 -- 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F
Metals X (MLX) $315 M 1.3600 0.3093 0.0162 8.0508 6.1489 6.0510 3.58 2.84 3.47
Orocobre (ORE) $355 M -- -- -- -- -- 28.5563 0.00 0.00 0.00
Queensland Mining Corporation (QMN) $8 M -- -- -- -- -- -- 0.00 -- --
Sirius Resources (SIR) $908 M -- -- -- -- -- -- 0.00 0.00 0.00

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
QMN -- -- 0.28 -- --
Market 1.17 13.6 1.00 1.01 3.06
Sector 0.65 11.1 0.75 0.96 2.59

Directors
Name Position Start Date
Mr Fei (Eddy) Wu Chief Executive Officer,Executive Director 08 August 2013
Mr Kevin William Maloney Non-Executive Director 25 July 2007
Mr Jun Qiu Non-Executive Director 21 June 2013
Dr Lakshman Dissanayake Jayaweera Non-Executive Director,Non-Executive Chairman 21 January 2013

Management
Name Position
Pipvide Sai-Kwan Tang Chief Financial Officer,Company Secretary

Substantial Shareholders
Holding Name
74,374,194 (6.59%) Guo Tang
56,883,933 (5.04%) Tulla Resources Group Pty Limited ATF Tulla Resoruces Investments Trust
281,443,760 (24.92%) Perfect Nation Global Ltd
77,197,425 (6.84%) Bradleys Polaris Pty Ltd ATF The Bradley Superannuation Fund
175,168,000 (15.51%) Great Tang Brothers Resource Investment Pty Ltd

Calendar of Events
Date Event
29 October 2015 Report (Quarterly)
01 October 2015 Report (Annual)
22 September 2015 Report (Annual)
21 July 2015 Report (Quarterly)
27 April 2015 Report (Quarterly)
29 January 2015 Report (Quarterly)
27 January 2015 Report (Quarterly)
28 November 2014 AGM
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.

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