GQMLF
Price:
$0.48
Market Cap:
$4.67M
Ongwe Minerals, Inc. is engaged in the exploration and development of gold and lithium projects in Namibia. It is also seeks development of assets in Egypt. The firm has the following projects: Khorixas Gold, Omatjete Gold, Outjo Gold, and the Central Easter Desert. The company was founded by Carl Joone in 2021 and is headquartered in Vancouver, CA.
Industry
Gold
IPO Date
2018-08-24
Stock Exchange
OTC
Ticker
GQMLF
According to Ongwe Minerals Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -1.37. This represents a change of -50.85% compared to the average of -2.79 of the last 4 quarters.
The mean historical PE Ratio of Ongwe Minerals Inc. over the last ten years is -2.07. The current -1.37 PE Ratio has changed 6.53% with respect to the historical average. Over the past ten years (40 quarters), GQMLF's PE Ratio was at its highest in in the December 2020 quarter at 1.71. The PE Ratio was at its lowest in in the December 2015 quarter at -31.40.
Average
-2.07
Median
-3.12
Minimum
-7.38
Maximum
15.16
Discovering the peaks and valleys of Ongwe Minerals Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 107.25%
Maximum Annual PE Ratio = 15.16
Minimum Annual Increase = -305.52%
Minimum Annual PE Ratio = -7.38
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | -1.25 | -8.50% |
| 2023 | -1.37 | 107.25% |
| 2022 | -0.66 | -68.45% |
| 2021 | -2.09 | -113.80% |
| 2020 | 15.16 | -305.52% |
| 2019 | -7.38 | 78.02% |
| 2018 | -4.14 | -40.12% |
| 2017 | -6.92 | 32.34% |
| 2016 | -5.23 | -23.26% |
| 2015 | -6.81 | -38.32% |
The current PE Ratio of Ongwe Minerals Inc. (GQMLF) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
-1.09
5-year avg
1.96
10-year avg
-2.07
Ongwe Minerals Inc.’s PE Ratio is greater than Labrador Iron Mines Holdings Limited (-8.03), greater than Orex Minerals Inc. (-2.93), greater than Prospect Ridge Resources Corp. (-2.25), less than Tuktu Resources Ltd. (-0.75), less than Phoenix Copper Limited (-0.48), less than Mineral Road Discovery Inc. (-0.09), less than Highbank Resources Ltd. (-0.02), greater than Etruscus Resources Corp. (-14.44), greater than Lighthouse Gold Inc. (-73.51), greater than StrikePoint Gold Inc. (-3.51),
| Company | PE Ratio | Market cap |
|---|---|---|
| -8.03 | $3.25M | |
| -2.93 | $7.17M | |
| -2.25 | $3.97M | |
| -0.75 | $2.58M | |
| -0.48 | $4.46M | |
| -0.09 | $6.45M | |
| -0.02 | $254.10K | |
| -14.44 | $4.50M | |
| -73.51 | $21.83M | |
| -3.51 | $5.35M |
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