QTWO Stock Overview

Engages in the acquisition, exploration, and development of mineral resource properties in Canada and Australia. More details

QTWO fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Has less than 1 year of cash runway

Earnings have declined by 32.5% per year over past 5 years

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

Shareholders have been substantially diluted in the past year

+ 2 more risks

My Notes

Capture your thoughts, links and company narrative

Q2 Metals Corp. Competitors

Frontier Lithium

TSXV:FL

CA$102.0m

American Creek Resources

TSXV:AMK

CA$94.3m

Osisko Metals

TSXV:OM

CA$97.7m

Kenorland Minerals

TSXV:KLD

CA$92.7m

Price History & Performance

Summary of share price highs, lows and changes for Q2 Metals
Historical stock prices
Current Share Price	CA$0.88
52 Week High	CA$1.48
52 Week Low	CA$0.17
Beta	1.75
1 Month Change	11.39%
3 Month Change	-22.12%
1 Year Change	363.16%
3 Year Change	175.00%
5 Year Change	n/a
Change since IPO	-89.94%

Recent updates

Shareholder Returns

	QTWO	CA Metals and Mining	CA Market
7D	15.8%	5.1%	-0.7%
1Y	363.2%	37.4%	16.9%

Return vs Industry: QTWO exceeded the Canadian Metals and Mining industry which returned 37.4% over the past year.

Return vs Market: QTWO exceeded the Canadian Market which returned 16.9% over the past year.

Price Volatility

Is QTWO's price volatile compared to industry and market?
QTWO volatility
QTWO Average Weekly Movement	12.6%
Metals and Mining Industry Average Movement	10.5%
Market Average Movement	8.4%
10% most volatile stocks in CA Market	18.4%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: QTWO has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: QTWO's weekly volatility has decreased from 21% to 13% over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Alicia Milne	www.q2metals.com

Q2 Metals Corp. engages in the acquisition, exploration, and development of mineral resource properties in Canada and Australia. The company explores for lithium and gold deposits. Its flagship property is the Mia Lithium property comprised of 171 mineral claims that covers 8,668 hectares located in the Eeyou Istchee James Bay Territory of Quebec, Canada.

Q2 Metals Corp. Fundamentals Summary

How do Q2 Metals's earnings and revenue compare to its market cap?
QTWO fundamental statistics
Market cap	CA$119.58m
Earnings (TTM)	-CA$3.01m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-40.2x

P/E Ratio

Is QTWO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
QTWO income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$3.01m
Earnings	-CA$3.01m

Last Reported Earnings

Nov 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.022
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did QTWO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/05 23:56
End of Day Share Price	2025/02/05 00:00
Earnings	2024/11/30
Annual Earnings	2024/02/29

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Q2 Metals Corp. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

QTWO Stock Overview

Risk Analysis

Q2 Metals Corp. Competitors

TSXV:FL

CA$102.0m

TSXV:AMK

CA$94.3m

TSXV:OM

CA$97.7m

TSXV:KLD

CA$92.7m

Price History & Performance

Recent News & Updates

New major risk - Financial position

Q2 Metals Corp. Announces Details of Its Expansion Drill Program for the Cisco Lithium Project in Eeyou Istchee James Bay, Quebec Highlights

Q2 Metals Announces Final Analytical Results from the 2024 Drill Campaign At the Cisco Lithium Property, James Bay, Quebec, Canada

Independent Director recently sold CA$94k worth of stock

Q2 Metals Corp. Reports Further Assay Results from the 2024 Drill Campaign at the Cisco Lithium Property

Q2 Metals Corp. Reports Core Assay Results At the Cisco Lithium Property Located Within the Greater Nemaska Traditional Territory of the Eeyou Istchee James Bay Region of Quebec, Canada

Recent updates

New major risk - Financial position

Q2 Metals Corp. Announces Details of Its Expansion Drill Program for the Cisco Lithium Project in Eeyou Istchee James Bay, Quebec Highlights

Q2 Metals Announces Final Analytical Results from the 2024 Drill Campaign At the Cisco Lithium Property, James Bay, Quebec, Canada

Independent Director recently sold CA$94k worth of stock

Q2 Metals Corp. Reports Further Assay Results from the 2024 Drill Campaign at the Cisco Lithium Property

Q2 Metals Corp. Reports Core Assay Results At the Cisco Lithium Property Located Within the Greater Nemaska Traditional Territory of the Eeyou Istchee James Bay Region of Quebec, Canada

Q2 Metals Corp. Announces the Core Assay Results on Drill Holes Cs-24-011 to Cs-24-016 and Cs-24-018 from the Spring 2024 Drill Campaign At the Cisco Lithium Property

Q2 Metals Corp. Announces the Core Assay Results on Drill Holes Cs-24-011 to Cs-24-016 and Cs-24-018 from the Spring 2024 Drill Campaign At the Cisco Lithium Property

Q2 Metals Corp. Provides an Update on the Summer 2024 Drill Program At the Cisco Lithium Property Located Within the Greater Nemaska Traditional Territory of the Eeyou Istchee James Bay Region of Quebec

Q2 Metals Corp., Annual General Meeting, Nov 27, 2024

Q2 Metals Corp. Provides an Update from its Summer 2024 Drill Program at the Cisco Lithium Property

Q2 Metals Drills 120.3 M At 1.72% Li2O Including 19.0 M At 2.06% in First Assays Reported from Its Spring 2024 Drill Campaign At the Cisco Lithium Property, James Bay, Quebec, Canada

Q2 Metals Corp Drills 215.6 Metre Interval of Continuous Spodumene-Pegmatite at Its Cisco Lithium Property, James Bay, Quebec, Canada

New major risk - Shareholder dilution

Q2 Metals Corp. announced that it has received CAD 6.87848 million in funding

New major risk - Share price stability

Q2 Metals Corp. announced that it expects to receive CAD 7.5 million in funding

Q2 Metals Corp. Announces Analytical Results from the Ongoing 2024 Mapping and Sampling Field Program At the Cisco Lithium Property

Q2 Metals Corp. Provides Update from Its 2024 Exploration Program At the Cisco Lithium Property At James Bay, Quebec, Canada

New major risk - Financial position

Q2 Metals Corp. Commences its 2024 Winter Drill Program at the Mia Lithium Property, James Bay Territory, Quebec, Canada

Q2 Metals Corp. Announces the Results from the 2023 Surface Exploration Program on its Wholly Owned, 8,668-Ha Mia Lithium Property Located in the Eeyou Istchee James Bay Territory of Quebec

Queensland Gold Hills Corp. (TSXV:OZAU) completed the acquisition of Mia Lithium Project in Quebec from 9219-8845 Quebec Inc.

Q2 Metals Corp. Completes its Surface Mapping and Rock Sampling Activities at the Mia Lithium Property Located in the Eeyou Istchee James Bay Territory of Quebec

Q2 Metals Corp. Discovers New Spodumene Pegmatite Occurences and Extends the Mia Lithium Exploration Trend to 9.7 Kilometres

Q2 Metals Corp., Annual General Meeting, Nov 01, 2023

Q2 Metals Corp. Announces Sampling Results from Its Abridged Work Program

Q2 Metals Corp. Initiates Phase Two of Exploration Work at Its Mia Lithium Property in James Bay, Quebec

Q2 Metals Corp. announced that it expects to receive CAD 10 million in funding

Q2 Metals Appoints Neil McCallum as Director and Vice President - Exploration

Q2 Metals Corp. Appoints Jason McBride as the Head of Corporate Communications

Queensland Gold Hills Corp. Announces Sampling Results Averaging 2.65% Li2o from the Mia Li-1 Occurrence At Its Mia Lithium Property in Quebec, Canada

Queensland Gold Hills Corp. announced that it has received CAD 1.25 million in funding

Queensland Gold Hills Corp. announced that it expects to receive CAD 1.25 million in funding

Queensland Gold Hills Corp. Announces Board Changes

Queensland Gold Hills Corp., Annual General Meeting, Dec 22, 2022

Queensland Gold Hills Corp. Announces CEO Changes

Queensland Gold Hills Corp Announces Drill Program Results at the Big Hill Gold Property in Queensland, Australia

Queensland Gold Hills Corp. Provides Update on the Inaugural Drill Program at the Big Hill Gold Property in Queensland, Australia

Queensland Gold Hills Corp. Secures Drill Rig for Inaugural Drill Program At Big Hill Gold Property in Queensland, Australia

Queensland Gold Hills Corp. Announces First Field Exploration Campaign Is Now Underway At the Big Hill Gold and Titan Gold Projects Located in Queensland, Australia

Queensland Gold Hills Corp. (TSXV:OZAU) signs a share sale agreement to acquire Orefox Exploraton Pty Ltd. from Warwick Anderson.

Queensland Gold Hills Corp. (TSXV:OZAU) entered into share purchase agreement to acquire Titan gold project from Warwick Anderson for AUD 0.1 million.

Minfocus Exploration Corp. (TSXV:OZAU) acquired additional 15% minority stake in The Big Hill Gold Property for AUD 0.3 million.

Minfocus Exploration Corp. announced that it has received CAD 2.145 million in funding

Minfocus Exploration Corp. (TSXV:MFX) completed the acquisition of a 80% stake in The Big Hill Gold Property of Mining Projects Accelerator Pty Ltd. from Mining Projects Accelerator Pty Ltd.

Minfocus Exploration Corp. (TSXV:MFX) entered into a definitive Share Sale Agreement to acquire 80% of The Big Hill Gold Property from Mining Projects Accelerator Pty Ltd.

Independent Director Graham Wilson has left the company

Minfocus Exploration Corp Provides the Update on Recently Completed Exploration Activities At Its Nevada Rose Gold-Silver Project in Nevada

Shareholder Returns

Price Volatility

About the Company

Q2 Metals Corp. Fundamentals Summary

0.0x

-40.2x

Earnings & Revenue

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics