How does QREE's PB Ratio compare to its peers?

QREE is good value based on its Price-To-Book Ratio (0.9x) compared to the peer average (3.4x).

How does QREE's PB Ratio compare vs other companies in the CA Metals and Mining Industry?

QREE is good value based on its Price-To-Book Ratio (0.9x) compared to the Canadian Metals and Mining industry average (1.4x).

What is QREE's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate QREE's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of QREE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate QREE's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Quebec Rare Earth Elements (CNSX:QREE) - Stock Price, News & Analysis

QREE Stock Overview

A mining exploration and development company, engages in the exploration of rare earth elements in Canada. More details

QREE fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Earnings have grown 12.3% per year over the past 5 years

Risk Analysis

Makes less than USD$1m in revenue (CA$0)

Does not have a meaningful market cap (CA$5M)

Highly volatile share price over the past 3 months compared to the Canadian market

Shareholders have been diluted in the past year

Quebec Rare Earth Elements Corp. Competitors

CMC Metals

TSXV:CMB

CA$3.2m

PureWave Hydrogen

TSXV:PWH

CA$5.6m

Angel Wing Metals

TSXV:AWM

CA$3.4m

North Arrow Minerals

TSXV:NAR

CA$3.9m

Price History & Performance

Summary of all time highs, changes and price drops for Quebec Rare Earth Elements
Historical stock prices
Current Share Price	CA$0.10
52 Week High	CA$0.25
52 Week Low	CA$0.005
Beta	2.56
11 Month Change	0%
3 Month Change	n/a
1 Year Change	-25.93%
33 Year Change	-88.89%
5 Year Change	-86.67%
Change since IPO	-100.00%

Recent updates

Shareholder Returns

	QREE	CA Metals and Mining	CA Market
7D	42.9%	6.6%	2.1%
1Y	-25.9%	32.1%	23.4%

Return vs Industry: QREE underperformed the Canadian Metals and Mining industry which returned 32.1% over the past year.

Return vs Market: QREE underperformed the Canadian Market which returned 23.4% over the past year.

Price Volatility

Is QREE's price volatile compared to industry and market?
QREE volatility
QREE Average Weekly Movement	33.3%
Metals and Mining Industry Average Movement	10.4%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.7%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: QREE's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: QREE's weekly volatility has decreased from 336% to 33% over the past year, but is still higher than 75% of Canadian stocks.

About the Company

Founded	Employees	CEO	Website
1987	n/a	Benoit Desormeaux	www.qree.ca

Quebec Rare Earth Elements Corp., a mining exploration and development company, engages in the exploration of rare earth elements in Canada. It holds interest in the Carcajou REE project which covers an area of 77 square kilometers located in the southwest of Crevier Carbonatite; and Caribou REE Property located in the North Shore region of Quebec. The company also has an option to acquire a 100% on the Lynx REE project that covers an area of 48.8 square kilometers located in Quebec, Canada.

Quebec Rare Earth Elements Corp. Fundamentals Summary

How do Quebec Rare Earth Elements's earnings and revenue compare to its market cap?
QREE fundamental statistics
Market cap	CA$5.02m
Earnings (TTM)	-CA$685.60k
Revenue (TTM)	n/a

0.0x

P/S Ratio

-7.3x

P/E Ratio

Is QREE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
QREE income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$685.60k
Earnings	-CA$685.60k

Last Reported Earnings

Jul 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.014
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0.2%

How did QREE perform over the long term?

See historical performance and comparison

QREE Stock Overview

Rewards

Risk Analysis

Quebec Rare Earth Elements Corp. Competitors

TSXV:CMB

CA$3.2m

TSXV:PWH

CA$5.6m

TSXV:AWM

CA$3.4m

TSXV:NAR

CA$3.9m

Price History & Performance

Recent News & Updates

Quebec Rare Earth Elements Corp. announced that it has received CAD 1.04144 million in funding

High number of new and inexperienced directors

Quebec Rare Earth Elements Corp. announced that it expects to receive CAD 1.002 million in funding

Quebec Rare Earth Elements Corp. (CNSX:QREE) completed the acquisition of 45 claims representing approximately 2,430 hectares north of Lake.

Independent Non-Executive Chairman recently bought CA$124k worth of stock

High number of new and inexperienced directors

Recent updates

Quebec Rare Earth Elements Corp. announced that it has received CAD 1.04144 million in funding

High number of new and inexperienced directors

Quebec Rare Earth Elements Corp. announced that it expects to receive CAD 1.002 million in funding

Quebec Rare Earth Elements Corp. (CNSX:QREE) completed the acquisition of 45 claims representing approximately 2,430 hectares north of Lake.

Independent Non-Executive Chairman recently bought CA$124k worth of stock

High number of new and inexperienced directors

Quebec Rare Earth Elements Corp. Announces Board Changes

Quebec Rare Earth Elements Corp. (CNSX:QREE) acquired Additional Lands Abutting the Lynx REE project in Quebec.

Quebec Rare Earth Elements Corp. (CNSX:QREE) acquired Additional Lands Abutting the Lynx REE project in Quebec.

Quebec Rare Earth Elements Corp. Announces Chief Financial Officer Changes

Quebec Rare Earth Elements Corp., Annual General Meeting, Jan 24, 2024

Metallica Metals Corp. Announces Board Changes

Metallica Metals Corp. (CNSX:MM) completed the acquisition of 46 Claims Approximately 2,583 Hectares Along the Waswanipi-Saguenay Zone in Quebec

Metallica Metals Corp. (CNSX:MM) agreed to acquire 46 Claims Approximately 2,583 Hectares Along the Waswanipi-Saguenay Zone in Quebec for CAD 1.36 million.

Metallica Metals Corp. (CNSX:MM) agreed to acquire 46 Claims Approximately 2,583 Hectares Along the Waswanipi-Saguenay Zone in Quebec for CAD 1.36 million.

Less than half of directors are independent

Less than half of directors are independent

Metallica Metals Corp. Announces Board Changes

Metallica Metals Corp., Annual General Meeting, Jan 09, 2023

Metallica Metals Corp. Announces Management Resignations

Metallica Metals Corp. Files A NI 43101 Technical Report on Its Flagship Starr Goldsilver Project, Located in the Thunder Bay Mining District of Ontario, Canada

Metallica Metals Commences Surface Exploration Program at Sammy Ridgeline NiCuPGM Project

Metallica Metals Outlines 17 Exploration Targets from MobileMT Survey at Richview Pine Ni-Cu-PGM Project, Marathon, Ontario

High number of new and inexperienced directors

Metallica Metals Discusses Results of MobileMT Survey at Sammy Ridgeline Ni-Cu-PGM Project, Thunder Bay North District, Ontario

Metallica Metals Corp. Announces Further Assay Results from Diamond Drill Holes on its Starr Gold-Silver Project in the Thunder Bay Mining District of Ontario, Canada

Metallica Metals Corp. announced that it has received CAD 1.321435 million in funding

Metallica Metals Corp. announced that it expects to receive CAD 1 million in funding

Metallica Metals Intersects High Grade Gold Mineralization in First Drill Holes Completed on Starr Gold-Silver Project

Metallica Metals Commences 4,000 Metre Drilling Program On Its Starr Gold-Silver Project, Thunder Bay Mining District

Mega Moly Mining Corp. completed the acquisition of Fortytwo Metals Inc. from Metallica Metals Corp. (CNSX:MM).

Metallica Metals Corp. Provides Update on Exploration Activities

Metallica Metals Corp. Forms Technical Advisory Board

Metallica Metals Corp. announced that it has received CAD 2.606251 million in funding

Metallica Metals Provides its Exploration Plans for the Starr Gold-Silver Project, Thunder Bay Mining District

Metallica Metals Corp Details Exploration Plans for Sammy Ridgeline Palladium - Platinum Project, Thunder Bay Mining District

Metallica Metals Corp. Appoints Trumbull Fisher as A Director

Metallica Metals Corp. announced that it has received CAD 0.30025 million in funding

Cameo Industries Corp. announced that it expects to receive CAD 0.3 million in funding

Taranis Resources Inc. (TSXV:TRO) entered into an exclusive letter of intent to acquire Fortytwo Metals Inc. from Cameo Industries Corp. (CNSX:CRU) for $0.39 million.

Cameo Industries Corp. (CNSX:CRU) completed the acquisition of Richview Pine Project/ Sammy Ridgeline Project.

Cameo Industries Corp. (CNSX:CRU) agreed to acquire Gochager Lake Nickel-Copper-Cobalt project claims from BioELife Corp. (OTCPK:LITH) for for $1.1 million.

Shareholder Returns

Price Volatility

About the Company

Quebec Rare Earth Elements Corp. Fundamentals Summary

0.0x

-7.3x

Earnings & Revenue