QC Copper and Gold Balance Sheet Health

Financial Health criteria checks 6/6

QC Copper and Gold has a total shareholder equity of CA$12.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$12.7M and CA$163.0K respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$10.28m
Equity	CA$12.51m
Total liabilities	CA$163.03k
Total assets	CA$12.68m

Recent financial health updates

We Think QC Copper and Gold (CVE:QCCU) Needs To Drive Business Growth Carefully

Aug 02

Recent updates

We Think QC Copper and Gold (CVE:QCCU) Needs To Drive Business Growth Carefully

Aug 02

Financial Position Analysis

Short Term Liabilities: QCCU's short term assets (CA$12.6M) exceed its short term liabilities (CA$163.0K).

Long Term Liabilities: QCCU has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: QCCU is debt free.

Reducing Debt: QCCU had no debt 5 years ago.

Balance Sheet

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: QCCU has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: QCCU has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 36.9% each year.

QC Copper and Gold Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

We Think QC Copper and Gold (CVE:QCCU) Needs To Drive Business Growth Carefully

Recent updates

QC Copper and Gold Inc., Annual General Meeting, Jun 27, 2024

QC Copper and Gold Inc. Appoints Guy Le Bel as President

QC Copper and Gold Inc. Receives Windfall Geotech's Final Report on Its Artificial Intelligence Analysis for Opemiska

QC Copper and Gold Inc. Announces Commencement of New Drill Program on the Historically Significant Cooke and Robitaille Mines

QC Copper and Gold Inc. Announces Upgraded Mineral Resource Estimate Results for the Opemiska Project in Quebec's Chapais-Chibougamau District

QC Copper and Gold Inc. (TSXV:QCCU) entered into an agreement to acquire 10% stake in Thierry Copper Mine located in Pickle Lake, Ontario from Canadian Critical Minerals Inc. (TSXV:CCMI) for CAD 0.3 million.

We Think QC Copper and Gold (CVE:QCCU) Needs To Drive Business Growth Carefully

QC Copper and Gold Inc. Reports Favourable Metallurgical Results, Confirms High-Quality Bulk Tonnage Concentrate to Come from the Opemiska Deposit

Price target decreased by 30% to CA$0.35

Independent Chairman of the Board exercised options to buy CA$290k worth of stock.

QC Copper and Gold Inc., Annual General Meeting, Aug 10, 2023

Qc Copper Starts Final Leg of Drilling, Updates on Mineral Resource Estimate and Economic Studies

Price target decreased to CA$0.50

Qc Copper Intersects High Gold Grades Accompanying Copper in Wide Intersections in the Opemiska Deposit

Qc Copper and Gold Inc. Reports Several Wide High-Grade Copper and Gold Intersections

QC Copper and Gold Inc. Updates on the Opemiska Copper-Gold Deposit's New Mineral Resource Estimate

QC Copper Reports 3 Wide Copper Gold Zones of In-Pit Mineralization

Insufficient new directors

QC Copper & Gold Reports 10 New Holes to Convert Waste into In-Pit Mineralization

QC Copper & Gold Continues to Convert Waste into Mineralization with over 20 New In-Pit Intersections

QC Copper and Gold Inc., Annual General Meeting, Jul 06, 2022

QC Copper and Gold Inc. Announces New Assay Results from Its Ongoing 60,000 Metre Drill Program on Opemiska

QC Copper and Gold Inc. Announces CFO Changes

Qc Copper Intersects 184 M of 0.32 % Cueq, Including 49.5 M of 0.7 % Cueq, Extending Mineralization Within the Conceptual Pit

QC Copper Announces Phase 1 of its 2022 Drill Program on Opemiska

QC Copper and Gold Inc. (TSXV:QCCU) completed the acquisition of 38 claims over 2,112 hectares of the Opemiska Copper Project from 9219-8845 Quebec Inc.

QC Copper and Gold Inc. Highlights Opemiska's Gold Potential After Reporting Its 18.3Gpt Gold over 9 Metres Intersection

QC Copper and Gold Inc. Intersects 76.5m of 0.78% Copper Equivalent in the Saddle Zone Between Springer and Perry Mines

QC Copper and Gold Inc. (TSXV:QCCU) completed the acquisition of 50% stake in Roger Gold-Copper project in the Chibougamau District of Quebec, Canada from Pasofino Gold Limited (TSXV:VEIN).

QC Copper and Gold Inc. Report Additional Assay Results from Its Ongoing Drill Program on its Opemiska Copper-Gold Project in the Chibougamau-Chapais Mining District

QC Copper and Gold Inc. Appoints Philippe Cloutier as an Independent Director

QC Copper and Gold Inc. Adds a Second Rig to its Opemiska Drill Program

QC Copper & Gold Updates on Opemiska's Drill Program

QC Copper & Gold to Commence 20,000m Drill Program

New 90-day high: CA$0.21

Qc Copper and Gold Inc. Announces to Receives Permits for Opemiska's 20,000M Drill Program

QC Copper and Gold Inc. announced that it expects to receive CAD 3 million in funding

PowerOre Inc. announced that it has received CAD 0.985 million in funding

PowerOre Inc. announced that it expects to receive CAD 0.925 million in funding

PowerOre Inc. (TSXV:PORE) acquired 2,930 Hectare of Scott Property for CAD 0.04 million.

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

Discover healthy companies