Queensland Pacific Metals (QPM), which focuses on the sustainable production of battery metals such as nickel and cobalt, has garnered attention due to its efforts to develop environmentally friendly mining processes. The company’s projects, particularly the TECH (Townsville Energy Chemicals Hub) Project, aim to supply the electric vehicle (EV) battery market, potentially positioning QPM as a critical player in the battery materials supply chain.
Queensland Pacific Metals (QPM) share price forecast could experience growth due to increasing demand for nickel and cobalt, driven by the global shift toward EVs. Successful development and progress in the TECH Project may boost investor confidence, potentially leading to stock price gains if the company achieves its production milestones. Market sentiment regarding sustainable mining practices could further elevate interest from ESG-conscious investors. However, QPM’s reliance on nickel and cobalt markets means any fluctuations in these commodity prices or supply disruptions could impact its stock performance.
Queensland Pacific Metals (QPM) share price forecast – Historical Pricing
Queensland Pacific Metals (QPM) historical stock price year | Historical Opening Price (AUD) | Historical Closing Price (AUD) |
Queensland Pacific Metals (QPM) historical stock price in 2018 | 0.0200 | 0.0140 |
Queensland Pacific Metals (QPM) historical stock price in 2019 | 0.0180 | 0.0130 |
Queensland Pacific Metals (QPM) historical stock price in 2020 | 0.0270 | 0.0160 |
Queensland Pacific Metals (QPM) historical stock price in 2021 | 0.1500 | 0.0540 |
Queensland Pacific Metals (QPM) historical stock price in 2022 | 0.1950 | 0.1250 |
Queensland Pacific Metals (QPM) historical stock price in 2023 | 0.1150 | 0.0930 |
Queensland Pacific Metals (QPM) share price forecast in 2018
Queensland Pacific Metals (ASX: QPM) was listed on the ASX through its former name, Pure Minerals, in 2018, focusing on advancing its Townsville Energy Chemicals Hub project. This project aims to support the growing electric vehicle (EV) and lithium-ion battery sectors by producing nickel sulfate, cobalt sulfate, and other metals.
The historical stock performance of QPM has been volatile, reflecting market sentiment, the company’s capital needs, and the project’s development stages. Since its IPO, QPM has experienced significant fluctuations. Since 2018, the company has been characterized by periodic funding rounds and support from high-profile partners like General Motors to fund the project, but it has also been marked by financial and operational risks. Over the last five years, QPM’s stock declined around 98%, partly due to earnings instability and an ongoing need for cash injections.
Queensland Pacific Metals (QPM) share price forecast in 2019
From a long-term perspective, QPM’s position in the battery metals industry holds potential. However, the company’s focus on projects like the Townsville Energy Chemicals Hub, where it aims to produce key materials like nickel sulfate and cobalt sulfate, involves substantial capital expenditures and risk. This dependency on project success and external funding could lead to future stock price volatility. For instance, strategic investments from partners like General Motors have provided vital support, but ongoing project milestones and global demand for battery metals will continue to impact stock performance and investor sentiment.
The stock is also characterized by high volatility, which may appeal to short-term investors but represents a risk for long-term holders. With an average weekly price movement close to 9%, QPM shares are more volatile than most stocks, amplifying both potential gains and losses.
Queensland Pacific Metals (QPM) share price forecast in 2020
Early in the year, QPM’s stock, like much of the market, faced challenges due to COVID-19-induced volatility. However, as global interest in EVs and battery materials gained momentum, particularly in the second half of the year, companies like QPM started seeing more attention. By the end of 2020, QPM’s focus on producing nickel and cobalt sulfates for the EV industry positioned it to benefit from increasing investor optimism about the future of battery metals, setting a base for further interest and a rise in share value heading into 2021.
Queensland Pacific Metals (QPM) share price forecast in 2021
During the first half of the year, QPM’s share price saw moderate growth, supported by strategic partnerships and growing optimism around the TECH project. This growth was fueled by a general rise in investor interest in clean energy and EV-related stocks. The second half of 2021 marked further gains, especially as QPM secured agreements with major industry players like LG Energy Solution and POSCO, which gave the stock additional traction and investor confidence in the company’s long-term potential within the EV supply chain.
Queensland Pacific Metals (QPM) share price forecast in 2022
In 2022, Queensland Pacific Metals (QPM) continued to attract investor interest, although the stock experienced notable volatility, largely driven by macroeconomic factors and shifting market sentiment in the battery metals sector. Early in the year, the company benefited from optimism around the electric vehicle (EV) market and increased demand for battery-grade nickel and cobalt. QPM’s stock price reflected these favourable market conditions, experiencing an upward trend.
Queensland Pacific Metals (QPM) share price forecast in 2023
The initial price of TSXV: TORO for 2023 was 0.040 AUD, the stock reached a high of 0.080 for the year in January 2023. From June 2023 to the rest of the year, the stock began trading in a sideways trend. The closing price of the stock for 2023 was 0.045 AUD.
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Queensland Pacific Metals (QPM) share price forecast from 2024 to 2045
Queensland Pacific Metals (QPM) Stock Price Prediction | Prediction Price (AUD) |
Queensland Pacific Metals (QPM) Stock Price Prediction for 2024 | 0.0520 |
Queensland Pacific Metals (QPM) Stock Price Prediction for 2025 | 0.065 |
Queensland Pacific Metals (QPM) Stock Price Prediction for 2026 | 0.065 |
Queensland Pacific Metals (QPM) Stock Price Prediction for 2027 | 0.077 |
Queensland Pacific Metals (QPM) Stock Price Prediction for 2028 | 0.083 |
Queensland Pacific Metals (QPM) Stock Price Prediction for 2029 | 0.095 |
Queensland Pacific Metals (QPM) Stock Price Prediction for 2030 | 0.098 |
Queensland Pacific Metals (QPM) Stock Price Prediction for 2035 | 0.147 |
Queensland Pacific Metals (QPM) Stock Price Prediction for 2040 | 0.221 |
Queensland Pacific Metals (QPM) Stock Price Prediction for 2045 | 0.333 |
Queensland Pacific Metals (QPM) share price forecast 2024
The Queensland Pacific Metals (QPM) share price forecast for 2024 is going to be around AUD 0.036. So far this year, the company has recorded its yearly high at 0.075 AUD in September 2024.
Month | Share price in AUD |
January | 0.0520 |
February | 0.0370 |
March | 0.0390 |
April | 0.0400 |
May | 0.0450 |
June | 0.0350 |
July | 0.0350 |
August | 0.0340 |
September | 0.0340 |
October | 0.0360 |
November | 0.0360 |
December | 0.0430 |
Queensland Pacific Metals (QPM) share price forecast 2025
The Queensland Pacific Metals (QPM) share price forecast for 2025 will be AUD 0.062, with a high forecast of AUD 0.065, and a lower forecast of AUD 0.055.
Month | Share price in AUD |
January | 0.060 |
February | 0.061 |
March | 0.060 |
April | 0.055 |
May | 0.065 |
June | 0.060 |
July | 0.065 |
August | 0.063 |
September | 0.065 |
October | 0.064 |
November | 0.060 |
December | 0.065 |
Queensland Pacific Metals (QPM) share price forecast 2026
The average price of Queensland Pacific Metals (QPM) stock for 2026 will be AUD 0.068, with a high forecast of AUD 0.075, and a lower forecast of AUD 0.060.
Month | Share price in AUD |
January | 0.066 |
February | 0.065 |
March | 0.060 |
April | 0.067 |
May | 0.070 |
June | 0.068 |
July | 0.070 |
August | 0.065 |
September | 0.070 |
October | 0.075 |
November | 0.070 |
December | 0.065 |
Queensland Pacific Metals (QPM) share price forecast 2027
The Queensland Pacific Metals (QPM) share price forecast for 2027 will be AUD 0.075, with a high forecast of AUD 0.080, and a lower forecast of AUD 0.070.
Month | Share price in AUD |
January | 0.070 |
February | 0.075 |
March | 0.072 |
April | 0.080 |
May | 0.073 |
June | 0.074 |
July | 0.074 |
August | 0.075 |
September | 0.075 |
October | 0.080 |
November | 0.076 |
December | 0.077 |
Queensland Pacific Metals (QPM) share price forecast 2028
The Queensland Pacific Metals (QPM) share price forecast for 2028 will be AUD 0.080, with a high forecast of AUD 0.085, and a lower forecast of AUD 0.077.
Month | Share price in AUD |
January | 0.077 |
February | 0.078 |
March | 0.080 |
April | 0.075 |
May | 0.079 |
June | 0.080 |
July | 0.085 |
August | 0.081 |
September | 0.080 |
October | 0.082 |
November | 0.085 |
December | 0.083 |
Queensland Pacific Metals (QPM) share price forecast 2029
The Queensland Pacific Metals (QPM) share price forecast for 2029 will be AUD 0.086, with a high forecast of AUD 0.090, and a lower forecast of AUD 0.080.
Month | Share price in AUD |
January | 0.084 |
February | 0.085 |
March | 0.080 |
April | 0.085 |
May | 0.080 |
June | 0.087 |
July | 0.085 |
August | 0.088 |
September | 0.090 |
October | 0.085 |
November | 0.090 |
December | 0.095 |
Queensland Pacific Metals (QPM) share price forecast 2030
The Queensland Pacific Metals (QPM) share price forecast for 2030 will be AUD 0.094, with a high forecast of AUD 0.098, and a lower forecast of AUD 0.091.
Month | Share price in AUD |
January | 0.091 |
February | 0.091 |
March | 0.092 |
April | 0.093 |
May | 0.093 |
June | 0.094 |
July | 0.095 |
August | 0.095 |
September | 0.096 |
October | 0.097 |
November | 0.097 |
December | 0.098 |
Queensland Pacific Metals (QPM) share price forecast 2035
The Queensland Pacific Metals (QPM) share price forecast for 2035 will be AUD 0.142, with a high forecast of AUD 0.147, and a lower forecast of AUD 0.137.
Month | Share price in AUD |
January | 0.137 |
February | 0.138 |
March | 0.138 |
April | 0.139 |
May | 0.140 |
June | 0.141 |
July | 0.142 |
August | 0.143 |
September | 0.144 |
October | 0.145 |
November | 0.146 |
December | 0.147 |
Queensland Pacific Metals (QPM) share price forecast 2040
The Queensland Pacific Metals (QPM) share price forecast for 2040 will be AUD 0.213, with a high forecast of AUD 0.221, and a lower forecast of AUD 0.205.
Month | Share price in AUD |
January | 0.205 |
February | 0.207 |
March | 0.208 |
April | 0.210 |
May | 0.211 |
June | 0.212 |
July | 0.214 |
August | 0.215 |
September | 0.217 |
October | 0.218 |
November | 0.220 |
December | 0.221 |
Queensland Pacific Metals (QPM) share price forecast 2045
The average price of Queensland Pacific Metals (QPM) stock for 2045 will be AUD 0.321, with a high forecast of AUD 0.333, and a lower forecast of AUD 0.309.
Month | Share price in AUD |
January | 0.309 |
February | 0.311 |
March | 0.313 |
April | 0.315 |
May | 0.317 |
June | 0.319 |
July | 0.322 |
August | 0.324 |
September | 0.326 |
October | 0.328 |
November | 0.331 |
December | 0.333 |
Queensland Pacific Metals (QPM) share price forecast – Technical Analysis:
Chart and trend analysis:
QPM’s historical trend shows periods of high volatility typical of early-stage resource companies. Significant price movements often correlate with project milestones, strategic partnerships, or global market shifts in nickel and cobalt demand.
If QPM’s stock price crosses above the 200-day moving average, it may signal a bullish trend, while a drop below can indicate bearish sentiment.
Support and resistance analysis:
QPM has found support at price levels where there is increased buying interest, helping to prevent further declines. For instance, previous lows during project development phases can often act as support.
For QPM, these might align with highs reached after favourable project announcements or market sentiment boosts. A break above resistance could suggest a potential rally.
Queensland Pacific Metals (QPM) share price forecast – Fundamental Analysis:
Company financial overview:
Company market cap: 88.24M
Debt: 60.54M
EPS: -0.0100
Company performance:
QPM’s stock performance has fluctuated in line with the progress of the TECH Project and broader market trends in nickel and cobalt. Positive announcements, such as feasibility studies and partnerships, often contribute to stock price increases, while delays or funding uncertainties can lead to declines. With increasing global demand for battery metals, particularly from the EV sector, QPM’s potential for long-term growth is significant, contingent upon the successful development and operation of the TECH Project.
Disclaimer:
The stock price estimates presented are speculative and meant solely for informational purposes. They are not financial advice. The author and blog disclaim responsibility for any financial losses. Please consult a qualified advisor before making investment choices.
Queensland Pacific Metals (QPM) share price forecast: FAQs
What factors are likely to affect Queensland Pacific Metals (QPM) share price? What are the main risks associated with investing in Queensland Pacific Metals (QPM) share?
The primary factors impacting QPM’s stock price include the global demand for battery metals (nickel, cobalt), advancements in battery technology, and electric vehicle (EV) adoption rates. QPM’s success in developing and scaling its TECH Project is also crucial, as well as its ability to secure funding, meet environmental and production targets, and manage operational risks. Key risks include project financing, delays in project execution, regulatory hurdles, and price volatility in nickel and cobalt markets. As a company in the early production phase, QPM may face challenges in transitioning from development to full-scale production, which could impact stock performance.

Hello, I’m Bianca Paterson, a seasoned financial professional based in Sydney, Australia. With over 25 years of experience at ASX and an extensive background in share price predictions and market factors, I’ve cultivated a deep understanding of the dynamics that drive the financial markets.
I embarked on my journey with the ASX Graduate Program and have since dedicated my career to navigating the complexities of the share market. My insights are shaped by decades of hands-on experience, making me well-versed in the subtleties of market trends and investment strategies.
Through my blog, I aim to share my knowledge and offer valuable perspectives to fellow investors and market enthusiasts. Whether you’re a seasoned trader or just starting out, I hope my analysis and commentary will help you make informed decisions and better understand the ever-evolving landscape of the Australian stock market.