Goldquest Mining Corp., together with its subsidiaries, identifies, acquires, and explores for mineral properties in the Dominican Republic.
Excellent balance sheet and slightly overvalued.
Share Price & News
How has Goldquest Mining's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GQC has not had significant price volatility in the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: GQC underperformed the Canadian Metals and Mining industry which returned 4.4% over the past year.
Return vs Market: GQC underperformed the Canadian Market which returned 5.8% over the past year.
Price Volatility Vs. Market
How volatile is Goldquest Mining's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StDo Institutions Own Goldquest Mining Corp. (CVE:GQC) Shares?
3 months ago | Simply Wall StGoldquest Mining (CVE:GQC) Is In A Strong Position To Grow Its Business
5 months ago | Simply Wall StDo Insiders Own Shares In Goldquest Mining Corp. (CVE:GQC)?
Is Goldquest Mining undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GQC (CA$0.14) is trading below our estimate of fair value (CA$54.33)
Significantly Below Fair Value: GQC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GQC is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: GQC is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GQC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GQC is overvalued based on its PB Ratio (2x) compared to the CA Metals and Mining industry average (1.5x).
How is Goldquest Mining forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted Materials industry annual growth in earnings
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 Goldquest Mining 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 SimplyWall St do have past financial data.
- Examine Goldquest Mining's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Goldquest Mining competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Goldquest Mining performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GQC is currently unprofitable.
Growing Profit Margin: GQC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GQC is unprofitable, but has reduced losses over the past 5 years at a rate of 0.6% per year.
Accelerating Growth: Unable to compare GQC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GQC is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.9%).
Return on Equity
High ROE: GQC has a negative Return on Equity (-20.7%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Goldquest Mining's financial position?
Financial Position Analysis
Short Term Liabilities: GQC's short term assets (CA$17.4M) exceed its short term liabilities (CA$235.2K).
Long Term Liabilities: GQC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GQC is debt free.
Reducing Debt: GQC has not had any debt for past 5 years.
Inventory Level: GQC has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if GQC's debt is covered by short term assets.
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.
Stable Cash Runway: GQC has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GQC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Goldquest Mining's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate GQC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate GQC's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GQC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GQC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GQC's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dave Massola (59yo)
Mr. David W. Massola, also known as Dave, B.Sc. (Acc.) has been Chief Executive Officer at GoldQuest Mining Corporation since January 15, 2019. Mr. Massola served as Vice President of Corporate Development ...
|Chief Executive Officer||1.1yrs||CA$115.87k||0.097% CA$33.7k|
|Chief Financial Officer||9.4yrs||CA$151.88k||0.24% CA$83.4k|
|Legal Counsel||0yrs||no data||no data|
|Corporate Secretary||12.9yrs||no data||no data|
Experienced Management: GQC's management team is seasoned and experienced (9.4 years average tenure).
|Non-Executive Chairman||8.9yrs||CA$748.63k||0.74% CA$257.4k|
|Independent Director||8.7yrs||CA$48.00k||0.48% CA$166.4k|
|Independent Director||8.7yrs||CA$48.00k||0.37% CA$128.2k|
|Independent Director||6.8yrs||CA$48.00k||0.19% CA$67.5k|
Experienced Board: GQC's board of directors are considered experienced (8.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Goldquest Mining Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Goldquest Mining Corp.
- Ticker: GQC
- Exchange: TSXV
- Founded: 1989
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$34.704m
- Shares outstanding: 257.07m
- Website: https://www.goldquestcorp.com
- Goldquest Mining Corp.
- 133 Richmond Street West
- Suite 501
- M5H 2L3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GQC||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Jul 2004|
|M1W||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jul 2004|
|GDQM.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jul 2004|
Goldquest Mining Corp., together with its subsidiaries, identifies, acquires, and explores for mineral properties in the Dominican Republic. The company explores for gold, copper, silver, and zinc deposits. It primarily owns a 100% interest in the Romero project comprising two mineral deposits covering an area of 3,997 hectares located to the south of the Central Cordillera of Hispaniola; and Tireo property, including 14 concessions totaling 20,076 hectares located in the province of San Juan de la Maguana, the Dominican Republic. Goldquest Mining Corp. was incorporated in 1989 and is headquartered in Toronto, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/18 00:04|
|End of Day Share Price||2020/02/14 00:00|
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.