QX Resources (ASX:QXR) Risk Assessment

View and export this data going back to 2011. Start your Free Trial

What is QX Resources Risk Assessment?

Risk Assessment represents the investment risk of a stock derived from our exclusive method. It suggests how risky the investment opportunity is based on the valuation and the fundamental performance of the stock. It is derived from following key aspects:

1. GuruFocus internally developed valuations of the stock, such as GF valuation.
2. Quality Rank, a business quality indicator developed by GuruFocus.
3. Fundamental performance: Piotroski F-Score, Altman Z-Score, Beneish M-Score, etc.
4. Growth opportunities: 5-year revenue growth rate, 5-Year EPS without NRI Growth Rate, etc.

Value investors are always willing to find undervalued stocks. However, not all the undervalued stocks are good deals, we should also be careful of how risky the investment opportunity is. We believe that if the company's financial strength and profitability are strong, and the stock price is within a reasonable range of the GF valuation, or stock has a high return with its price being undervalued, then it might be a good investment opportunity with low risk.

Based on those aspects listed above, GuruFocus believes the risk assessment of QX Resources is: No Data: Cannot be evaluated.

Competitive Comparison of QX Resources's Risk Assessment

For the Other Industrial Metals & Mining subindustry, QX Resources's Risk Assessment, along with its competitors' market caps and Risk Assessment data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

QX Resources's Risk Assessment Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, QX Resources's Risk Assessment distribution charts can be found below:

* The bar in red indicates where QX Resources's Risk Assessment falls into.

Save Embed

;

Save Embed

;

QX Resources (ASX:QXR) Risk Assessment Explanation

Based on the four aspects listed above, GuruFocus provides the following 7 evaluations:

All-in-One Screener Examples (1)
Low Risk: Strong fundamentals, worth long-term holding
Moderate Risk: Sensitive, better choose undervalued stock
High Risk: High uncertainty with risk-return tradeoff
High Risk: Good fundamentals, beware of shrinking business
High Risk: Sensitive to economic or industry trends
High Risk: High uncertainty
No Data: Cannot be evaluated

(1) These are some simple examples. You can access our Risk Assessment filter under All-in-One Screener’s Fundamental tab and set your own criteria.

QX Resources Risk Assessment Related Terms

Thank you for viewing the detailed overview of QX Resources's Risk Assessment provided by GuruFocus.com. Please click on the following links to see related term pages.

QX Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » QX Resources Ltd (ASX:QXR) » Definitions » Risk Assessment

Comparable Companies

Traded in Other Exchanges

N/A

Address

99 St Georges Terrace, Level 8, Perth, WA, AUS, 6000

Website

https://www.qxresources.com.au

QX Resources Ltd is a mineral exploration operation company. It is focused on the exploration and development of battery minerals and gold assets. Its project portfolio includes the Turner River Lithium project, Pilbara Western Shaw Iron Ore project, Liberty Lithium Brine project, Anthony Molybdenum project, and Copper-Gold-Molybdenum projects among others. The company also has a strategic investment in nickel sulphides in Sweden. It operates in one business segment being the minerals exploration sector in Australia.

QX Resources Headlines

No Headlines