Quebec Rare Earth Elements Past Earnings Performance

Past criteria checks 0/6

Quebec Rare Earth Elements has been growing earnings at an average annual rate of 5.1%, while the Metals and Mining industry saw earnings growing at 20.5% annually.

Key information

5.1%

Earnings growth rate

69.3%

EPS growth rate

Metals and Mining Industry Growth	29.2%
Revenue growth rate	n/a
Return on equity	-201.0%
Net Margin	n/a
Last Earnings Update	31 Jan 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Quebec Rare Earth Elements makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:SY7 Revenue, expenses and earnings (CAD Millions)
Date	Earnings	G+A Expenses
31 Jan 24	-9	0
31 Oct 23	-9	0
31 Jul 23	-9	0
30 Apr 23	-9	0
31 Jan 23	-2	0
31 Oct 22	-2	1
31 Jul 22	-2	1
30 Apr 22	-3	2
31 Jan 22	-4	2
31 Oct 21	-4	2
31 Jul 21	-4	2
30 Apr 21	-3	1
31 Jan 21	-2	1
31 Oct 20	-1	1
31 Jul 20	-2	1
30 Apr 20	-2	1
31 Jan 20	-11	2
31 Oct 19	-11	2
31 Jul 19	-12	3
30 Apr 19	-12	3
31 Jan 19	-2	2
31 Oct 18	-3	2
31 Jul 18	-2	2
30 Apr 18	-1	1
31 Jan 18	-5	1
31 Oct 17	-5	0
31 Jul 17	-5	0
30 Apr 17	-5	0
31 Jan 17	0	0
31 Oct 16	0	0
31 Jul 16	0	0
30 Apr 16	0	0
31 Jan 16	0	0
31 Oct 15	0	0
31 Jul 15	0	0
30 Apr 15	0	0
31 Jan 15	0	0
31 Oct 14	0	0
31 Jul 14	0	0
30 Apr 14	0	0
31 Jan 14	0	0
31 Oct 13	0	0

Quality Earnings: SY7 is currently unprofitable.

Growing Profit Margin: SY7 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: SY7 is unprofitable, but has reduced losses over the past 5 years at a rate of 5.1% per year.

Accelerating Growth: Unable to compare SY7's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SY7 is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-22.5%).

Return on Equity

High ROE: SY7 has a negative Return on Equity (-201.03%), as it is currently unprofitable.

Quebec Rare Earth Elements Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Recent updates

Quebec Rare Earth Elements Corp. announced that it has received CAD 1.04144 million in funding

High number of new and inexperienced directors

Quebec Rare Earth Elements Corp. announced that it expects to receive CAD 1.002 million in funding

Quebec Rare Earth Elements Corp. (CNSX:QREE) completed the acquisition of 45 claims representing approximately 2,430 hectares north of Lake.

Independent Non-Executive Chairman recently bought €84k worth of stock

High number of new and inexperienced directors

Quebec Rare Earth Elements Corp. Announces Board Changes

Quebec Rare Earth Elements Corp. (CNSX:QREE) acquired Additional Lands Abutting the Lynx REE project in Quebec.

Quebec Rare Earth Elements Corp. (CNSX:QREE) acquired Additional Lands Abutting the Lynx REE project in Quebec.

Quebec Rare Earth Elements Corp. Announces Chief Financial Officer Changes

Quebec Rare Earth Elements Corp., Annual General Meeting, Jan 24, 2024

Metallica Metals Corp. Announces Board Changes

Metallica Metals Corp. (CNSX:MM) completed the acquisition of 46 Claims Approximately 2,583 Hectares Along the Waswanipi-Saguenay Zone in Quebec

Metallica Metals Corp. (CNSX:MM) agreed to acquire 46 Claims Approximately 2,583 Hectares Along the Waswanipi-Saguenay Zone in Quebec for CAD 1.36 million.

Metallica Metals Corp. (CNSX:MM) agreed to acquire 46 Claims Approximately 2,583 Hectares Along the Waswanipi-Saguenay Zone in Quebec for CAD 1.36 million.

Less than half of directors are independent

Metallica Metals Corp. Announces Board Changes

Metallica Metals Corp., Annual General Meeting, Jan 09, 2023

Metallica Metals Corp. Announces Management Resignations

Metallica Metals Corp. Files A NI 43101 Technical Report on Its Flagship Starr Goldsilver Project, Located in the Thunder Bay Mining District of Ontario, Canada

Metallica Metals Commences Surface Exploration Program at Sammy Ridgeline NiCuPGM Project

Metallica Metals Outlines 17 Exploration Targets from MobileMT Survey at Richview Pine Ni-Cu-PGM Project, Marathon, Ontario

High number of new and inexperienced directors

Metallica Metals Discusses Results of MobileMT Survey at Sammy Ridgeline Ni-Cu-PGM Project, Thunder Bay North District, Ontario

Metallica Metals Corp. Announces Further Assay Results from Diamond Drill Holes on its Starr Gold-Silver Project in the Thunder Bay Mining District of Ontario, Canada

Metallica Metals Corp. announced that it has received CAD 1.321435 million in funding

Metallica Metals Corp. announced that it expects to receive CAD 1 million in funding

Metallica Metals Intersects High Grade Gold Mineralization in First Drill Holes Completed on Starr Gold-Silver Project

Metallica Metals Commences 4,000 Metre Drilling Program On Its Starr Gold-Silver Project, Thunder Bay Mining District

Mega Moly Mining Corp. completed the acquisition of Fortytwo Metals Inc. from Metallica Metals Corp. (CNSX:MM).

Metallica Metals Corp. Provides Update on Exploration Activities

Metallica Metals Corp. Forms Technical Advisory Board

Metallica Metals Corp. announced that it has received CAD 2.606251 million in funding

Metallica Metals Provides its Exploration Plans for the Starr Gold-Silver Project, Thunder Bay Mining District

Metallica Metals Corp Details Exploration Plans for Sammy Ridgeline Palladium - Platinum Project, Thunder Bay Mining District

Metallica Metals Corp. Appoints Trumbull Fisher as A Director

Metallica Metals Corp. announced that it has received CAD 0.30025 million in funding

Cameo Industries Corp. announced that it expects to receive CAD 0.3 million in funding

Taranis Resources Inc. (TSXV:TRO) entered into an exclusive letter of intent to acquire Fortytwo Metals Inc. from Cameo Industries Corp. (CNSX:CRU) for $0.39 million.

Cameo Industries Corp. (CNSX:CRU) completed the acquisition of Richview Pine Project/ Sammy Ridgeline Project.

Cameo Industries Corp. (CNSX:CRU) agreed to acquire Gochager Lake Nickel-Copper-Cobalt project claims from BioELife Corp. (OTCPK:LITH) for for $1.1 million.

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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