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Quantum Cobalt

CNSX:QBOT
Snowflake Description

Mediocre balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
QBOT
CNSX
CA$2M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Quantum Cobalt Corp., a resource company, engages in identifying, exploring, and developing mineral properties. The last earnings update was 79 days ago. More info.


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QBOT Share Price and Events
7 Day Returns
22.2%
CNSX:QBOT
-1.5%
CA Metals and Mining
0.9%
CA Market
1 Year Returns
-81.7%
CNSX:QBOT
-7%
CA Metals and Mining
1.2%
CA Market
QBOT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Quantum Cobalt (QBOT) 22.2% 0% 10% -81.7% 120% -
CA Metals and Mining -1.5% 1.3% 9.8% -7% 6.9% -22.5%
CA Market 0.9% 2.3% 12.4% 1.2% 16.1% 5.9%
1 Year Return vs Industry and Market
  • QBOT underperformed the Metals and Mining industry which returned -7% over the past year.
  • QBOT underperformed the Market in Canada which returned 1.2% over the past year.
Price Volatility
QBOT
Industry
5yr Volatility vs Market

Value

 Is Quantum Cobalt undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Quantum Cobalt. This is due to cash flow or dividend data being unavailable. The share price is CA$0.055.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Quantum Cobalt's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Quantum Cobalt's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:QBOT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-10-31) in CAD CA$-0.11
CNSX:QBOT Share Price ** CNSX (2019-03-19) in CAD CA$0.06
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.44x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.83x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Quantum Cobalt.

CNSX:QBOT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= CNSX:QBOT Share Price ÷ EPS (both in CAD)

= 0.06 ÷ -0.11

-0.52x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Quantum Cobalt is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Quantum Cobalt is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Quantum Cobalt's expected growth come at a high price?
Raw Data
CNSX:QBOT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.52x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.69x
Canada Market PEG Ratio Median Figure of 252 Publicly-Listed Companies 1.21x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Quantum Cobalt, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Quantum Cobalt's assets?
Raw Data
CNSX:QBOT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-10-31) in CAD CA$0.31
CNSX:QBOT Share Price * CNSX (2019-03-19) in CAD CA$0.06
Canada Metals and Mining Industry PB Ratio Median Figure of 1,079 Publicly-Listed Metals and Mining Companies 1.42x
Canada Market PB Ratio Median Figure of 2,347 Publicly-Listed Companies 1.56x
CNSX:QBOT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CNSX:QBOT Share Price ÷ Book Value per Share (both in CAD)

= 0.06 ÷ 0.31

0.18x

* Primary Listing of Quantum Cobalt.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Quantum Cobalt is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Quantum Cobalt's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Quantum Cobalt has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Quantum Cobalt expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Quantum Cobalt has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
33.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Quantum Cobalt expected to grow at an attractive rate?
  • Unable to compare Quantum Cobalt's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Quantum Cobalt's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Quantum Cobalt's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:QBOT Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
CNSX:QBOT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
CNSX:QBOT Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-10-31 -3 -4
2018-07-31 -5 -5
2018-04-30 -5 -6
2018-01-31 -5 -6
2017-10-31 -3 -4
2017-07-31 -2 -3
2017-04-30 -2 -2
2017-01-31 -1 -1
2016-10-31 -1 -1
2016-07-31 0 0
2016-04-30 0 0
2016-01-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Quantum Cobalt is high growth as no earnings estimate data is available.
  • Unable to determine if Quantum Cobalt is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
CNSX:QBOT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Quantum Cobalt Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:QBOT Past Financials Data
Date (Data in CAD Millions) EPS *
2018-10-31 -0.11
2018-07-31 -0.16
2018-04-30 -0.23
2018-01-31 -0.36
2017-10-31 -0.47
2017-07-31 -0.82
2017-04-30 -0.98
2017-01-31 -0.94
2016-10-31 -1.01
2016-07-31 -0.33
2016-04-30 -0.28
2016-01-31 -0.39

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Quantum Cobalt will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Quantum Cobalt's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  2. Quantum Cobalt's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Quantum Cobalt's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Quantum Cobalt has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Quantum Cobalt performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Quantum Cobalt's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Quantum Cobalt does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Quantum Cobalt's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Quantum Cobalt's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Quantum Cobalt's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Quantum Cobalt Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:QBOT Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-10-31 -4.10 3.12
2018-07-31 -5.24 4.90
2018-04-30 -5.75 5.54
2018-01-31 -5.72 5.49
2017-10-31 -3.50 3.42
2017-07-31 -2.59 2.46
2017-04-30 -1.82 1.68
2017-01-31 -1.42 1.33
2016-10-31 -1.17 1.01
2016-07-31 -0.31 0.21
2016-04-30 -0.23 0.17
2016-01-31 -0.26 0.18
2015-10-31 -0.24 0.24
2015-07-31 -0.21 0.20
2015-04-30 -0.21 0.17
2015-01-31 -0.18 0.16
2014-10-31 -0.57 0.14
2014-07-31 -0.58 0.15
2014-04-30 -0.59 0.15
2014-01-31 -0.60 0.15
2013-10-31 -0.16 0.13
2013-07-31 -0.16 0.13
2013-04-30 -0.18 0.15
2013-01-31 -0.24 0.20
2012-10-31 -0.38 0.25
2012-07-31 -0.42 0.28
2012-04-30 -0.42 0.30

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Quantum Cobalt has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Quantum Cobalt has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Quantum Cobalt improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Quantum Cobalt's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Quantum Cobalt has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Quantum Cobalt's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Quantum Cobalt's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Quantum Cobalt's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Quantum Cobalt has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Quantum Cobalt's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Quantum Cobalt has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Quantum Cobalt Company Filings, last reported 4 months ago.

CNSX:QBOT Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-10-31 12.35 0.00 0.00
2018-07-31 13.04 0.00 0.01
2018-04-30 13.41 0.00 0.48
2018-01-31 13.34 0.00 0.26
2017-10-31 5.12 0.44 1.12
2017-07-31 1.39 0.44 1.21
2017-04-30 0.88 0.00 0.01
2017-01-31 1.30 0.00 0.57
2016-10-31 1.58 0.00 0.85
2016-07-31 0.35 0.00 0.38
2016-04-30 -0.18 0.02 0.00
2016-01-31 -0.15 0.02 0.01
2015-10-31 -0.11 0.01 0.01
2015-07-31 -0.05 0.01 0.07
2015-04-30 -0.34 0.06 0.04
2015-01-31 -0.31 0.33 0.35
2014-10-31 -0.30 0.05 0.00
2014-07-31 -0.27 0.05 0.00
2014-04-30 -0.23 0.03 0.00
2014-01-31 -0.20 0.03 0.00
2013-10-31 0.28 0.00 0.00
2013-07-31 0.32 0.00 0.00
2013-04-30 0.36 0.00 0.00
2013-01-31 0.39 0.00
2012-10-31 0.45 0.00 0.00
2012-07-31 0.47 0.00 0.02
2012-04-30 0.51 0.00 0.10
  • Quantum Cobalt has no debt.
  • Quantum Cobalt has no debt compared to 5 years ago when it was 0.1%.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Quantum Cobalt has less than a year of cash runway based on current free cash flow.
  • Quantum Cobalt has less than a year of cash runway if free cash flow continues to grow at historical rates of 83.9% each year.
X
Financial health checks
We assess Quantum Cobalt's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Quantum Cobalt has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Quantum Cobalt's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Quantum Cobalt dividends.
If you bought CA$2,000 of Quantum Cobalt shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Quantum Cobalt's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Quantum Cobalt's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
CNSX:QBOT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Quantum Cobalt has not reported any payouts.
  • Unable to verify if Quantum Cobalt's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Quantum Cobalt's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Quantum Cobalt has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Quantum Cobalt's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Quantum Cobalt afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Quantum Cobalt has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Quantum Cobalt's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
David Schmidt
AGE 40
TENURE AS CEO 0.8 years
CEO Bio

Mr. David Matthew Schmidt, B.A.Sc. (Mining), B.Eng, serves as Chief Executive Officer and Director of Quantum Cobalt Corp. since 2018. He is Co-Owner of Sway Capital Corp. Mr. Schmidt served as Chief Financial Officer and Corporate Secretary of G4G Capital Corp. (now known as White Gold Corp) from November 5, 2015 to December 10, 2018 and as its Director from July 8, 2015 to December 10, 2018. Mr. Schmidt is Chief Financial Officer, Company Secretary and Director at GK Resources Ltd. Mr. Schmidt served as the President and Chief Executive Officer at Kootenay Zinc Corp. until January 2018. Since May 2000, he has been a self-employed Consultant to mineral exploration and venture capital companies. Mr. Schmidt served as the Chief Executive Officer and President at Oceanside Capital Corp. since August 25, 2010. Mr. Schmidt served as Vice President of Corporate Affairs of Ryan Gold Corp. and served as Vice President of Corporate Development from November 26, 2013 to July 15, 2015. He served as Chief Executive Officer of Ryan Gold Corp and served as its Interim Chief Executive Officer from May 15, 2012 to November 26, 2013. He served as President of Ryan Gold Corp until May 11, 2011 and its Interim President from December 11, 2012 to November 26, 2013. He served as the President of Newmac Resources Inc. from March 19, 2008 to January 3, 2012. He served as the Chief Financial Officer of Newmac Resources Inc. from March 19, 2008 to January 3, 2012. He served as the Chief Executive Officer, President and Company Secretary of Golden Touch Resources Corp. until March 2011. He served as the Chief Executive Officer of Arian Resources Corp. until March, 2011 and served as its President and Secretary. He served as the President at Golden Touch Resources Corp. He assists with financings, corporate and financial disclosure and corporate development, including reviewing projects. He was a Promoter of Tova Ventures Inc. He served as the Chief Financial Officer of Sieger Capital Management Ltd. since June 1, 2007. He served as Vice President Geosciences of Geoinformatics Exploration Inc., from June 2002 to June 2007 and Senior Geologist of Fractal Graphics P/L from August 1997 to June 2002. He has been a Director of Ryan Gold Corp since December 24, 2010, Atoro Capital Corp. and GFE Capital Corp. He was Director of Boss Minerals Inc. from April 10, 2015 until January 29, 2019 and also served as its President and CEO. He was Independent Director of Prize Mining Corporation from April 11, 2017 until December 2018. He has been Independent Director of Waymar Resources Ltd. since February 12, 2010. He served as a Director of Kootenay Zinc Corp. until January 2018. He served as an Independent Director of Crest Petroleum Corp from January 24, 2012 to October 21, 2016. He was a Director of Eyecarrot Innovations Corp. since September 7, 2011 until January 2019. He served as a Director of Itasca Capital Ltd. since July 8, 2013 until June 09, 2016. He served as Director of enCore Energy Corp. since April 24, 2011. He served as a Director of Wolfpack Gold Corp. since April 24, 2011 and Oceanside Capital Corp. since August 25, 2010. He served as a Director of Newmac Resources Inc. from April 11, 2005 to January 3, 2012, Sieger Capital Management Ltd. since October 12, 2006, Golden Touch Resources Corp. from January 24, 2007 to July 12, 2011, Arian Resources Corp. from January 24, 2007 to July 12, 2011, Tova Ventures Inc. from October 11, 2007 to June 2010; enCore Energy Corp. since April 24, 2011 and Auryx Gold Corp. since June 25, 2010. Mr. Schmidt holds a Bachelor of Applied Science (Mining) at the University of British Columbia in May 2000.

CEO Compensation
  • Insufficient data for David to compare compensation growth.
  • Insufficient data for David to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team Tenure

Average tenure of the Quantum Cobalt management team in years:

2.7
Average Tenure
  • The tenure for the Quantum Cobalt management team is about average.
Management Team

Ken Tollstam

TITLE
CFO & Director
TENURE
2.7 yrs

Quinn Field-Dyte

TITLE
Corporate Secretary & Director
AGE
49
TENURE
8.6 yrs

David Schmidt

TITLE
CEO & Director
AGE
40
TENURE
0.8 yrs
Board of Directors Tenure

Average tenure of the Quantum Cobalt board of directors in years:

2.7
Average Tenure
  • The average tenure for the Quantum Cobalt board of directors is less than 3 years, this suggests a new board.
Board of Directors

Ken Tollstam

TITLE
CFO & Director
TENURE
4.8 yrs

Quinn Field-Dyte

TITLE
Corporate Secretary & Director
AGE
49
TENURE
8.6 yrs

David Schmidt

TITLE
CEO & Director
AGE
40
TENURE
0.8 yrs

Von Torres

TITLE
Director
TENURE
2.7 yrs

Jerry Huang

TITLE
Director
TENURE
1.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Quantum Cobalt's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Quantum Cobalt has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Quantum Cobalt Corp., a resource company, engages in identifying, exploring, and developing mineral properties. It primarily focuses on cobalt properties. The company holds 100% interest in the Musgrove Creek project located in Lemhi County, Idaho; and a 90% interest in the Grew Creek property located in the Watson Lake Mining District, southeast Yukon. It also holds interest in Rabbit Cobalt Property, a gold-nickel-silver property, covering an area of 1,000-hectares; Nipissing Lorain Property that comprise two separate claims; and Kahuna Cobalt Property, a cobalt-silver property, covering an area of 1,200-hectares located in Cobalt, Ontario. The company was formerly known as Bravura Ventures Corp. and changed its name to Quantum Cobalt Corp. in November 2017. Quantum Cobalt Corp. was incorporated in 2010 and is headquartered in Vancouver, Canada.

Details
Name: Quantum Cobalt Corp.
QBOT
Exchange: CNSX
Founded: 2010
CA$2,223,385
40,425,192
Website: http://www.quantumcobalt.com
Address: Quantum Cobalt Corp.
1199 West Hastings Street,
Suite 800,
Vancouver,
British Columbia, V6E 3T5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX QBOT Common Shares Canadian National Stock Exchange CA CAD 05. Jul 2011
DB 23BA Common Shares Deutsche Boerse AG DE EUR 05. Jul 2011
DB 23BA COM NPV (POST REV SPLT) Deutsche Boerse AG DE EUR 04. May 2017
Number of employees
Current staff
Staff numbers
0
Quantum Cobalt employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 00:36
End of day share price update: 2019/03/19 00:00
Last earnings filing: 2018/12/31
Last earnings reported: 2018/10/31
Last annual earnings reported: 2018/01/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.