Quartz Mountain Resources Ltd. engages in the acquisition, exploration, and development of mineral property interests in Canada. More Details
Flawless balance sheet with acceptable track record.
Share Price & News
How has Quartz Mountain Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: QZM's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: QZM exceeded the Canadian Metals and Mining industry which returned 42.3% over the past year.
Return vs Market: QZM exceeded the Canadian Market which returned -8.8% over the past year.
Price Volatility Vs. Market
How volatile is Quartz Mountain Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
11 months ago | Simply Wall StHow Quartz Mountain Resources Ltd. (CVE:QZM) Can Impact Your Portfolio Volatility
1 year ago | Simply Wall StDo Insiders Own Shares In Quartz Mountain Resources Ltd. (CVE:QZM)?
1 year ago | Simply Wall StSuch Is Life: How Quartz Mountain Resources (CVE:QZM) Shareholders Saw Their Shares Drop 61%
Is Quartz Mountain Resources undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate QZM's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate QZM's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: QZM is good value based on its PE Ratio (1.2x) compared to the CA Metals and Mining industry average (26x).
PE vs Market: QZM is good value based on its PE Ratio (1.2x) compared to the Canadian market (16x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate QZM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: QZM is overvalued based on its PB Ratio (15.5x) compared to the CA Metals and Mining industry average (2.9x).
How is Quartz Mountain Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Quartz Mountain Resources 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 Quartz Mountain Resources'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.
- Quartz Mountain Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Quartz Mountain Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: QZM has a large one-off gain of CA$2.8M impacting its April 30 2020 financial results.
Growing Profit Margin: QZM became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: QZM has become profitable over the past 5 years, growing earnings by 70% per year.
Accelerating Growth: QZM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: QZM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (56.4%).
Return on Equity
High ROE: QZM's Return on Equity (1114.2%) is considered outstanding.
How is Quartz Mountain Resources's financial position?
Financial Position Analysis
Short Term Liabilities: QZM's short term assets (CA$369.9K) exceed its short term liabilities (CA$139.8K).
Long Term Liabilities: QZM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: QZM is debt free.
Reducing Debt: QZM currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: QZM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: QZM has no debt, therefore coverage of interest payments is not a concern.
What is Quartz Mountain Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate QZM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate QZM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if QZM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if QZM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of QZM's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Trevor Thomas (53 yo)
Mr. Trevor R. Thomas, LLB, has been Chairman, President and Chief Executive Officer at Quartz Mountain Resources Ltd. since February 15, 2019. Mr. Thomas has been Company Secretary of Amarc Resources Ltd., ...
CEO Compensation Analysis
Compensation vs Market: Trevor's total compensation ($USD678.54) is below average for companies of similar size in the Canadian market ($USD176.88K).
Compensation vs Earnings: Insufficient data to compare Trevor's compensation with company performance.
|Independent Director||2.75yrs||no data||no data|
|Director||1.58yrs||no data||10.7% |
Experienced Board: QZM's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 153.7%.
Quartz Mountain Resources Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Quartz Mountain Resources Ltd.
- Ticker: QZM
- Exchange: TSXV
- Founded: 1982
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$3.567m
- Shares outstanding: 25.48m
- Website: https://www.quartzmountainresources.com
- Quartz Mountain Resources Ltd.
- 1040 West Georgia Street
- 15th Floor
- British Columbia
- V6E 4H1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|QZM||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Jul 1987|
|QZMR.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jul 1987|
Quartz Mountain Resources Ltd. engages in the acquisition, exploration, and development of mineral property interests in Canada. It holds a 1% net smelter return royalty interest in the Angel's Camp proper ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/23 06:12|
|End of Day Share Price||2020/09/22 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.