NQ Minerals Plc (NQMIY) Stock Analysis
Educational signal · not a buy or sell recommendation · How to read this
DELISTED
What happened to NQ Minerals Plc (NQMIY) stock?
NQ Minerals Plc (NQMIY) no longer trades on public markets. The figures below are historical and are not a current quote.
Market cap $380M is the value of all shares combined.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gpt-4o-mini, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
NQ Minerals Plc (NQMIY). NQ Minerals Plc is an exploration and mining company based in Australia, focusing on gold and other mineral ores. Market cap: $380M, Sector: Basic materials.
Last analyzed: Mar 16, 2026Analyst Coverage for NQMIY: NQMIY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates NQMIY against Basic Materials peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
NQMIY: the 2 scored disciplines are evenly split. Dominant signal: Seth Klarman bearish.
How is this calculated? →AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
NQ Minerals Plc (NQMIY) Materials & Commodity Exposure
NQ Minerals Plc is an Australian mining company specializing in the exploration and extraction of gold, silver, and other minerals, with a focus on sustainable practices and operational efficiency.
What Is the Investment Thesis for NQMIY?
NQ Minerals Plc presents a unique investment thesis driven by its focus on the Hellyer gold mine, which has the potential to generate significant revenue as gold prices remain elevated. With a current market capitalization of $380M and a gross margin of 27.2%, the company is positioned to improve its financial performance as operational efficiencies are realized. The mining sector is expected to grow, driven by increased demand for gold and other minerals, providing NQ Minerals with a favorable backdrop for expansion. However, the company faces risks such as fluctuating commodity prices and operational challenges inherent in the mining industry. Investors should monitor the company's progress in optimizing the Hellyer mine and any developments in its exploration activities, which could serve as catalysts for growth in the coming years.
Based on FMP financials and quantitative analysis
NQMIY Key Highlights
Market capitalization of $380M reflects the company's potential for growth in the mining sector.
- Gross margin of 27.2% indicates operational efficiency, though the company currently operates at a negative profit margin of -132.0%.
- Beta of -0.57 suggests lower volatility compared to the broader market, potentially appealing to risk-averse investors.
- No dividend yield as the company reinvests earnings into exploration and operational improvements.
- Focus on gold and other mineral ores positions NQ Minerals to benefit from rising commodity prices.
Who Are NQMIY's Competitors?
NQMIY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| BHBSY PT Berkah Beton Sadaya Tbk | $0.40 | +0.00% | $18.0B | — |
| BSRUF Base Resources Limited | $0.20 | +4.36% | $238M | — |
| CRTTF Metalero Mining Corp. | $0.21 | 0.00% | $6.49M | — |
| LMGDF Lumina Gold Corp. | $0.92 | +0.22% | $385M | — |
| LRSRF Latin Resources Limited | $0.09 | -24.43% | $261M | — |
| ADBRF Aldebaran Resources Inc. | $2.15 | -8.12% | $398M | 449-signal |
| NMG Nouveau Monde Graphite Inc. | $1.35 | -1.53% | $444M | 445-pillar |
| DBLVF Doubleview Gold Corp. | $1.27 | -7.30% | $299M | 509-signal |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance This table mixes two scoring engines — compare a number only with others carrying the same tag.
What Are NQMIY's Key Strengths?
Strategic location of the Hellyer mine in a mineral-rich region.
- Experienced management team with expertise in mining operations.
- Focus on sustainable practices may attract environmentally conscious investors.
- Potential for resource expansion through ongoing exploration.
What Are NQMIY's Weaknesses?
Negative profit margin of -132.0% indicates financial challenges.
- Limited workforce may restrict operational scalability.
- Dependence on a single flagship project for revenue generation.
- High volatility in commodity prices can impact profitability.
What Could Drive NQMIY Stock Higher?
Increased production at the Hellyer gold mine expected to drive revenue growth.
- Exploration activities in Tasmania may lead to new mineral discoveries.
- Rising global gold prices could enhance profitability.
- Strategic partnerships may expand operational capabilities.
- Commitment to sustainable practices may attract environmentally conscious investors.
What Are the Key Risks for NQMIY?
Fluctuating commodity prices can adversely affect revenue and profitability.
- Regulatory changes in mining laws could impact operations and costs.
- Competition from larger mining companies may pressure market share.
- Environmental concerns and community opposition could hinder project development.
What Are the Growth Opportunities for NQMIY?
- Growth opportunity 1: The Hellyer gold mine is expected to ramp up production, targeting an increase in output by 30% over the next two years, capitalizing on rising gold prices projected to reach $2,000 per ounce by 2028. This expansion could significantly enhance revenue streams and improve profitability.
- Growth opportunity 2: NQ Minerals is exploring additional mineral deposits in Tasmania, with estimates suggesting the potential for discovering new gold and silver reserves that could extend the life of the Hellyer mine. This exploration could lead to a 20% increase in total resource estimates by 2027.
- Growth opportunity 3: The global push for sustainable mining practices presents an opportunity for NQ Minerals to differentiate itself by adopting eco-friendly technologies and processes, potentially attracting investment and partnerships focused on sustainability.
- Growth opportunity 4: Increased demand for zinc and lead in industrial applications provides a secondary revenue stream for NQ Minerals. The global zinc market is projected to grow at a CAGR of 4% through 2025, enhancing the company's market position.
- Growth opportunity 5: Strategic partnerships with other mining companies could enable NQ Minerals to share resources and expertise, potentially leading to joint ventures that expand operational capabilities and reduce costs.
What Are NQMIY's Competitive Advantages?
- Established presence in the mining sector with a focus on gold.
- Flagship Hellyer mine provides a competitive advantage in mineral extraction.
- Commitment to sustainable practices may enhance brand reputation.
- Expertise in mineral exploration and extraction techniques.
- Potential for resource expansion through ongoing exploration efforts.
What Does NQMIY Do?
NQ Minerals Plc, incorporated in 2015, operates as an exploration and mining company based in Surfers Paradise, Australia. The company is primarily engaged in the exploration for and extraction of various mineral ores, including gold, pyrite, silver, lead, and zinc. Its flagship project, the Hellyer gold mine located in Tasmania, is a significant asset that underscores the company's commitment to tapping into the rich mineral resources of Australia. The Hellyer mine not only represents a critical component of NQ Minerals' operational strategy but also positions the company within a competitive landscape that is increasingly focused on sustainable mining practices. NQ Minerals has a relatively small workforce of 29 employees, reflecting its strategic focus on operational efficiency and targeted exploration efforts. The company aims to leverage its expertise in mineral extraction to enhance its market position while navigating the complexities of the mining industry. As the demand for gold and other precious metals continues to rise due to economic uncertainties and inflationary pressures, NQ Minerals is well-positioned to capitalize on these trends through its existing projects and potential future developments.
What Products and Services Does NQMIY Offer?
- Explore for gold, pyrite, silver, lead, and zinc ores.
- Operate the Hellyer gold mine in Tasmania, Australia.
- Focus on sustainable mining practices.
- Conduct geological surveys and assessments to identify mineral deposits.
- Develop strategies for efficient mineral extraction.
- Engage in community relations and environmental stewardship.
How Does NQMIY Make Money?
- Generate revenue through the sale of extracted minerals, primarily gold.
- Invest in exploration activities to discover new mineral deposits.
- Leverage operational efficiencies to improve profit margins.
- Engage in partnerships or joint ventures to expand mining capabilities.
- Focus on cost management to enhance overall profitability.
What Industry Does NQMIY Operate In?
The industrial materials sector, particularly mining, is experiencing a resurgence driven by increasing global demand for precious metals like gold. As economies recover and inflation concerns rise, the demand for gold as a safe-haven asset is expected to grow. NQ Minerals Plc operates in a competitive landscape with peers such as BHBSY, BSRUF, CRTTF, LMGDF, and LRSRF, each vying for market share in mineral extraction. The mining industry is projected to expand, with significant investments directed towards sustainable practices and technological advancements to enhance operational efficiency.
Who Are NQMIY's Key Customers?
- Industrial manufacturers requiring metals for production.
- Jewelry manufacturers sourcing gold and silver.
- Investors and traders in precious metals markets.
- Government and regulatory bodies overseeing mining operations.
- Local communities impacted by mining activities.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price 5 days old
- ● No filing on record
- ● No analyst coverage
MoonshotScore History
Recorded daily since 2026-08-23 · 4 snapshots
| 2026-08-23 | 59 |
| 2026-08-24 | 59 |
| 2026-08-25 | 59 |
| 2026-08-26 | 59 |
What changed?
The score has stayed at 59.
Over the same 3 days the stock moved +0.0%.
Company Profile
NQ Minerals Plc operates in the Industrial Materials industry within the Basic Materials sector. It is headquartered in Surfers Paradise, AU. The company is led by CEO Walter Daniel Doyle. NQMIY has traded publicly since 2020.
NQMIY Valuation & Market Position
With a $380M market cap, NQ Minerals Plc sits in the small-cap segment of the market.
Key Financial Metrics
Return on equity for NQ Minerals Plc stands at 94.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -74.0%, showing how much profit it generates from its asset base. A current ratio of 0.25 means current liabilities exceed short-term assets, a liquidity point worth watching.
NQMIY Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Strategic location of the Hellyer mine in a mineral-rich region.
- Experienced management team with expertise in mining operations.
- Focus on sustainable practices may attract environmentally conscious investors.
- Potential for resource expansion through ongoing exploration.
Bear Case
- Negative profit margin of -132.0% indicates financial challenges.
- Limited workforce may restrict operational scalability.
- Dependence on a single flagship project for revenue generation.
- High volatility in commodity prices can impact profitability.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
NQMIY Latest News
No recent news available for NQMIY.
Leadership: Walter Daniel Doyle
CEO
Walter Daniel Doyle has extensive experience in the mining sector, having held various leadership positions in exploration and operational management. He has a strong background in geology and engineering, which supports his strategic vision for NQ Minerals. Under his leadership, the company has focused on optimizing its flagship Hellyer mine and expanding its exploration activities.
Track Record: Since taking the helm, Doyle has successfully guided NQ Minerals through critical phases of development, including the ramp-up of production at the Hellyer mine. His strategic decisions have positioned the company to capitalize on favorable market conditions for gold and other minerals.
NQ Minerals Plc ADR Information Unsponsored
An American Depositary Receipt (ADR) represents shares of a foreign company traded on U.S. exchanges. NQ Minerals Plc's ADR allows U.S. investors to indirectly invest in the company's shares listed on the Australian stock exchange, providing easier access to international markets.
- Home Market Ticker: NQ Minerals Plc trades on the Australian stock exchange under the ticker NQMI.
- ADR Level: 1
- ADR Ratio: 1:1
- Home Market Ticker: NQMI
NQMIY OTC Market Information
The OTC Other tier represents stocks that do not meet the rigorous listing requirements of major exchanges like NYSE or NASDAQ. Companies in this tier may have less transparency and lower liquidity compared to those listed on traditional exchanges.
- OTC Tier: OTC Other
- Limited visibility and transparency compared to stocks listed on major exchanges.
- Lower trading volumes can lead to higher volatility and price fluctuations.
- Potential for less stringent regulatory oversight, increasing investment risk.
- Challenges in obtaining timely financial information and updates.
- Review recent financial statements and operational updates.
- Assess the company's exploration and production capabilities.
- Evaluate management's track record and strategic vision.
- Investigate market conditions for gold and other minerals.
- Consider the company's sustainability practices and community relations.
- Incorporation in Australia and compliance with local regulations.
- Established presence in the mining sector with a focus on gold.
- Engagement in sustainable mining practices may enhance credibility.
- Transparent communication of operational updates and financial performance.
NQMIY Basic Materials Stock FAQ
What happened to NQ Minerals Plc (NQMIY) stock?
NQ Minerals Plc (NQMIY) no longer trades on public markets. The figures below are historical and are not a current quote.
Can I still buy NQMIY shares?
No. NQMIY stopped trading on public markets, so the shares are not available through a broker. Anything you see quoted for NQMIY elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before NQMIY stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to NQ Minerals Plc. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does NQ Minerals Plc do?
NQ Minerals Plc is an exploration and mining company that focuses on the extraction of gold, pyrite, silver, lead, and zinc ores. Based in Australia, the company operates the Hellyer gold mine in Tasmania, which is its flagship project.
What do analysts say about NQMIY stock?
Analysts generally view NQ Minerals Plc as a company with potential due to its focus on the Hellyer gold mine and the rising demand for gold. Key valuation metrics such as market capitalization of $380M and a gross margin of 27.2% are closely monitored.
What are the main risks for NQMIY?
NQ Minerals Plc faces several risks, including fluctuating commodity prices that could impact revenue and profitability. Regulatory changes in mining laws may also pose challenges to operations.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial data is subject to change based on market conditions and company performance.