TSXV:QZM

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Quartz Mountain Resources

Executive Summary

Quartz Mountain Resources Ltd. engages in the acquisition, exploration, and development of mineral property interests in Canada. More Details


Snowflake Analysis

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.


Market Performance


7 Day Return

-2.9%

QZM

2.8%

CA Metals and Mining

1.1%

CA Market


1 Year Return

147.5%

QZM

54.8%

CA Metals and Mining

-7.0%

CA Market

Return vs Industry: QZM exceeded the Canadian Metals and Mining industry which returned 54.8% over the past year.

Return vs Market: QZM exceeded the Canadian Market which returned -7% over the past year.


Shareholder returns

QZMIndustryMarket
7 Day-2.9%2.8%1.1%
30 Day-10.8%2.0%-1.2%
90 Day10.0%28.4%6.8%
1 Year147.5%147.5%56.0%54.8%-3.7%-7.0%
3 Year-29.3%-29.3%65.4%62.1%10.3%-0.4%
5 Year395.0%395.0%186.4%177.8%43.7%21.6%

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

Valuation

Is Quartz Mountain Resources undervalued compared to its fair value and its price relative to the market?

1.39x

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 (1.4x) compared to the CA Metals and Mining industry average (24.8x).

PE vs Market: QZM is good value based on its PE Ratio (1.4x) compared to the Canadian market (16.7x).


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 (18.3x) compared to the CA Metals and Mining industry average (2.9x).


Next Steps

Future Growth

How is Quartz Mountain Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.6%

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.


Next Steps

Past Performance

How has Quartz Mountain Resources performed over the past 5 years?

70.0%

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.


Next Steps

Financial Health

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.


Balance Sheet


Next Steps

Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.6yrs

Average board tenure


CEO

Trevor Thomas (53 yo)

1.58yrs

Tenure

CA$903

Compensation

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 ($USD684.27) is below average for companies of similar size in the Canadian market ($USD178.54K).

Compensation vs Earnings: Insufficient data to compare Trevor's compensation with company performance.


Board Members

NamePositionTenureCompensationOwnership
Trevor Thomas
Chairman1.58yrsCA$903.00no data
Leonie Tomlinson
Independent Director2.75yrsno datano data
Matthew Dickinson
Director1.58yrsno data10.7%
CA$ 450.0k

1.6yrs

Average Tenure

53yo

Average Age

Experienced Board: QZM's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 153.7%.


Top Shareholders

Company Information

Quartz Mountain Resources Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Quartz Mountain Resources Ltd.
  • Ticker: QZM
  • Exchange: TSXV
  • Founded: 1982
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$4.204m
  • Shares outstanding: 25.48m
  • Website: https://www.quartzmountainresources.com

Location

  • Quartz Mountain Resources Ltd.
  • 1040 West Georgia Street
  • 15th Floor
  • Vancouver
  • British Columbia
  • V6E 4H1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
QZMTSXV (TSX Venture Exchange)YesCommon SharesCACADJul 1987
QZMR.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJul 1987

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/18 06:05
End of Day Share Price2020/09/14 00:00
Earnings2020/04/30
Annual Earnings2019/07/31


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.