GoldQuest Mining (GQC) AI Stock Analysis

• Market Cap: C$112.93M
• Dividend Yield: N/A
• Average Volume (3M): 123.59K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.08
• Revenue Growth: N/A
• EPS Growth: 25.41%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 56
• Industry: Mining
• EPS (TTM): >-0.01
• Shares Outstanding: 305,226,350
• 10 Day Avg. Volume: 103,020
• 30 Day Avg. Volume: 123,588
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -42.20
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

GoldQuest Mining faces significant challenges with no revenue generation and ongoing financial losses, reflected in a low financial performance score. However, the solid balance sheet with zero debt provides some stability. Positive short-term technical indicators offer some optimism, but the unattractive valuation due to a negative P/E ratio and lack of dividend yield limits the overall appeal.

GoldQuest Mining Business Overview & Revenue Model

Company Description

GoldQuest Mining (GQC) is a mineral exploration company focused on discovering and developing gold and copper assets in the Dominican Republic. The company primarily engages in the acquisition, exploration, and development of mineral properties, with a particular emphasis on gold and copper deposits. GoldQuest Mining aims to deliver shareholder value through the identification of high-potential mineral projects and the strategic advancement of these assets towards production.

How the Company Makes Money

GoldQuest Mining makes money through the exploration and development of mineral properties, particularly gold and copper. The company's revenue model revolves around the discovery and enhancement of mineral deposits, which are then either advanced towards production or sold to other mining companies. Key revenue streams include the sale of mineral rights, joint ventures, and potential future production revenues. Significant partnerships with other mining entities or strategic investors can also contribute to its earnings by providing funding and operational expertise necessary to advance exploration projects. Additionally, GoldQuest may generate revenue through equity financing and other capital-raising activities to support its exploration efforts.

GoldQuest Mining Financial Statement Overview

Summary

GoldQuest Mining's financials reflect a challenging operational environment with no revenue generation and sustained losses. While the balance sheet is solid due to no debt, the ongoing cash outflows and negative cash flow metrics raise concerns about long-term viability.

Income Statement

GoldQuest Mining has consistently reported zero revenue over the analyzed periods, indicating no operational sales. The net income has been negative, reflecting ongoing losses. There is no revenue growth observed, as revenues remain null across the years. The company has negative EBIT and EBITDA margins due to operational costs exceeding income, which are concerning for profitability.

Balance Sheet

The company has zero total debt and a positive equity position, with stockholders' equity accounting for nearly all of its total assets. This results in a favorable debt-to-equity ratio of zero. The equity ratio is high, demonstrating strong capitalization with no leverage risk, which is a positive sign of financial stability despite the lack of revenue.

Cash Flow

GoldQuest Mining shows negative operating and free cash flows, indicating cash outflows exceeding inflows, which is unsustainable in the long run. The operating cash flow to net income ratio is negative, reflecting inefficiencies in converting earnings into cash. The absence of free cash flow growth highlights challenges in managing cash effectively.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-20.49K	-11.54K	-24.27K	-31.60K	-23.63K	-42.44K
	EBIT
-2.14M	-2.88M	-2.78M	-2.29M	-1.57M	-2.02M
	EBITDA
-2.90M	-2.56M	-2.71M	-2.36M	-1.59M	-1.98M
	Net Income Common Stockholders
-2.37M	-2.58M	-2.71M	-2.40M	-1.62M	-1.95M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
18.50M	9.40M	11.80M	14.05M	15.59M	16.85M
	Total Assets
18.79M	9.73M	12.08M	14.27M	15.89M	17.13M
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-18.50M	-9.40M	-11.80M	-14.05M	-15.59M	-16.85M
	Total Liabilities
557.15K	155.17K	140.72K	155.72K	292.07K	467.56K
	Stockholders Equity
18.24M	9.57M	11.94M	14.12M	15.60M	16.67M
Cash Flow		Free Cash Flow
-2.19M	-2.40M	-2.26M	-1.53M	-1.57M	-1.67M
	Operating Cash Flow
-2.15M	-2.35M	-2.25M	-1.53M	-1.49M	-1.66M
	Investing Cash Flow
-43.58K	-44.68K	-7.84K	0.00	-77.99K	15.91K
	Financing Cash Flow
0.00	0.00	0.00	0.00	308.75K	0.00

GoldQuest Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.37
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GQC, the sentiment is Positive. The current price of 0.37 is above the 20-day moving average (MA) of 0.36, above the 50-day MA of 0.32, and above the 200-day MA of 0.26, indicating a bullish trend. The MACD of 0.02 indicates Positive momentum. The RSI at 57.59 is Neutral, neither overbought nor oversold. The STOCH value of 82.75 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GQC.

GoldQuest Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BTO	54 Neutral	$4.96B	―	-18.54%	5.99%	-4.17%	-318.18%
GQC	48 Neutral	C$112.93M	―	-26.93%	―	―	25.41%
Sector *	47 Neutral	$2.64B	-4.00	-31.55%	3.33%	2.93%	-29.90%

GoldQuest Mining Corporate Events

GoldQuest Mining Raises Funds for Romero Project

GoldQuest Mining Corp. successfully raised C$8.7 million through a private placement, boosting its cash reserves to over C$15 million. The funds will be used to advance the Romero project in the Dominican Republic, which holds significant economic potential, and to enhance exploration efforts in the Tireo Formation. The company also welcomed new board member Charles Reid, who brings valuable expertise in asset recovery and project development.

GoldQuest Advances Romero Project in Dominican Republic

GoldQuest Mining is moving forward with plans to conduct environmental and feasibility studies for its Romero gold and copper project in the Dominican Republic, following favorable regulatory changes. The new regulations allow the company to formally engage with the Ministry of Environment to obtain necessary approvals, marking a significant step in project development.