Published on 30 May 2024 on Simply Wall St. via Yahoo Finance
Queensland Pacific Metals Limited (ASX:QPM) is possibly approaching a major achievement in its business, so we would like to shine some light on the company. Queensland Pacific Metals Limited focuses on the production of metals for the emerging lithium-ion battery and electric vehicle sector. With the latest financial year loss of AU$39m and a trailing-twelve-month loss of AU$51m, the AU$91m market-cap company amplified its loss by moving further away from its breakeven target. Many investors are wondering about the rate at which Queensland Pacific Metals will turn a profit, with the big question being “when will the company breakeven?” Below we will provide a high-level summary of the industry analysts’ expectations for the company.
View our latest analysis for Queensland Pacific Metals