Quebec Precious Metals Corp (QPM) AI Stock Analysis

• Market Cap: C$4.15M
• Dividend Yield: N/A
• Average Volume (3M): 175.71K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.01
• Revenue Growth: N/A
• EPS Growth: -210.29%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 59
• Industry: Gold
• EPS (TTM): -0.02
• Shares Outstanding: 103,646,500
• 10 Day Avg. Volume: 7,448
• 30 Day Avg. Volume: 175,705
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -5.90
• 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

Quebec Precious Metals Corp shows significant financial challenges with no revenue and reliance on external financing. However, the recent acquisition by Fury Gold Mines is a positive strategic move, potentially offering synergies and cost savings. Technical indicators suggest neutral momentum, while the valuation remains speculative.

Quebec Precious Metals Corp Business Overview & Revenue Model

Company Description

Quebec Precious Metals Corporation engages in the acquisition, exploration, and development of mining projects in Canada. The company explores for gold, silver, copper, nickel, and zinc deposits. Its flagship project is the Sakami Gold project comprising a block of 281 contiguous mineral claims covering an area of 142.5 square kilometers located in the Northwest of Montreal. The company was incorporated in 1984 and is headquartered in Montreal, Canada.

How the Company Makes Money

Quebec Precious Metals Corp makes money through the exploration and development of mineral properties, with the primary focus on gold resources. The company generates revenue by advancing its exploration projects to increase the value of its mineral assets, which can then be sold or joint-ventured with larger mining companies for further development. Additionally, QPM may generate income through strategic partnerships, joint ventures, or the sale of mineral rights and royalties. These activities are supported by raising capital through equity financing or other financial instruments to fund exploration and development activities.

Quebec Precious Metals Corp Financial Statement Overview

Summary

Quebec Precious Metals Corp is facing significant financial challenges typical for an exploration-stage mining company, with no revenue and substantial operating losses. The balance sheet shows no debt, offering some flexibility, but diminishing equity and negative cash flows highlight sustainability concerns.

Income Statement

Quebec Precious Metals Corp has consistently generated no revenue over the years, reflecting its early stage or exploration-focused nature. The company has faced significant net losses, with the latest TTM (Trailing-Twelve-Months) net income at -$2,059,743. This lack of revenue and substantial losses indicate significant financial challenges, typical for a mining exploration company yet to achieve production.

Balance Sheet

The balance sheet shows a low debt-to-equity ratio due to zero debt, which is a positive aspect. However, stockholders' equity has diminished significantly over the years, reflecting accumulated losses. The company has minimal equity relative to total assets, indicating financial strain and limited buffer for further losses. Liquidity remains a concern given the decreasing cash reserves.

Cash Flow

Operating cash flow remains deeply negative, indicating ongoing operational cash burn. The TTM free cash flow shows no signs of improvement, remaining at -$1,038,126. The company’s reliance on external financing is evident from positive financing cash flows, which raises sustainability concerns if external funding sources dry up.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-1.95K	-1.66K	-1.48K	-3.42K	-2.43K	-2.29K
	EBIT
-1.04M	-2.29M	2.20M	6.01M	-6.78M	-3.91M
	EBITDA
-2.42M	-2.97M	-50.96K	-3.92M	-4.54M	-2.81M
	Net Income Common Stockholders
-2.06M	-2.66M	-265.51K	-3.81M	-2.95M	-2.58M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
271.16K	787.38K	1.41M	1.72M	1.79M	6.09M
	Total Assets
399.64K	979.73K	2.29M	3.51M	3.31M	7.72M
	Total Debt
0.00	0.00	40.00K	35.20K	0.00	0.00
	Net Debt
-60.25K	-22.88K	-222.71K	-1.54M	-1.18M	-2.46M
	Total Liabilities
359.51K	332.37K	112.04K	1.15M	485.57K	2.43M
	Stockholders Equity
40.13K	647.37K	2.18M	2.36M	2.82M	5.29M
Cash Flow		Free Cash Flow
-1.04M	-1.28M	-2.42M	-6.31M	-5.44M	-4.27M
	Operating Cash Flow
-1.03M	-1.27M	-2.42M	-6.31M	-5.43M	-4.27M
	Investing Cash Flow
392.03K	-252.37K	1.10M	2.53M	5.20M	-2.89M
	Financing Cash Flow
416.60K	1.29M	0.00	4.18M	-1.05M	6.34M

Quebec Precious Metals Corp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.04
• 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:QPM, the sentiment is Positive. The current price of 0.04 is equal to the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.04, and above the 200-day MA of 0.04, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 58.42 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:QPM.

Quebec Precious Metals Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GMA	51 Neutral	C$20.79M	―	-58.91%	―	-83.85%	-24.32%
APN	49 Neutral	C$8.42M	―	-26.29%	―	―	21.21%
Sector *	49 Neutral	$1.93B	-1.63	-22.26%	3.87%	0.68%	-27.45%
XTM	45 Neutral	C$3.22M	―	-51.06%	―	―	14.08%
QPM	40 Underperform	C$4.15M	―	-258.08%	―	―	-210.29%
ECR	38 Underperform	C$40.11M	―	-4.00%	―	―	-4.44%

Quebec Precious Metals Corp Corporate Events

Fury Gold Mines Expands with Acquisition of Quebec Precious Metals

Fury Gold Mines Limited, a company involved in gold and critical minerals exploration, has announced its acquisition of Quebec Precious Metals Corporation. This strategic move aims to consolidate a significant exploration portfolio in Quebec, enhancing Fury’s market presence and operational scale. The transaction, structured as a share exchange, offers QPM shareholders a premium and is expected to provide synergy and cost savings, leveraging Fury’s expertise in capital raising and exploration success. The combined entity will focus on advancing key projects, including the Sakami project, to further strengthen its position in the industry.

Quebec Precious Metals Finalizes Sale of Non-Core Asset

Quebec Precious Metals Corporation has completed a transaction involving the sale of a non-core asset in Ontario, receiving $200,000 and additional consideration from International Explorers and Prospectors Inc. This strategic move allows QPM to focus on its core projects in Quebec, potentially enhancing its operational focus and strengthening its market position in the mining sector.