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Quinsam Capital ( (TSE:QCA) ) has provided an announcement.
Quinsam Capital Corporation reported a net loss of $4.3 million for Q4 2024, primarily due to a decline in the value of its investments in California Nanotechnologies and provisions in its private securities portfolio. Despite these setbacks, the company is making progress with other investments, such as Peninsula and Exiteam, which are preparing for public listings. Quinsam continues to search for value-creating transactions and has repurchased a significant number of shares as part of its issuer bid.
Spark’s Take on TSE:QCA Stock
According to Spark, TipRanks’ AI Analyst, TSE:QCA is a Neutral.
Quinsam Capital’s financial performance is constrained by consistent negative revenue and cash flow difficulties, despite having a strong equity position. Technical indicators suggest caution due to potential overbought conditions, and valuation metrics are unfavorable with a negative P/E ratio.
To see Spark’s full report on TSE:QCA stock, click here.
More about Quinsam Capital
Quinsam Capital Corporation is a merchant bank focused on ‘small cap’ investments that it considers undervalued. The company does not invest on behalf of third parties or offer investment advice, and typically does not view individual investments as material events.
YTD Price Performance: 12.50%
Average Trading Volume: 103,703
Technical Sentiment Signal: Buy
Current Market Cap: C$4.16M
For an in-depth examination of QCA stock, go to TipRanks’ Stock Analysis page.