GoldQuest Mining (GQC) AI Stock Analysis

• Market Cap: C$569.73M
• Dividend Yield: N/A
• Average Volume (3M): 360.19K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.40
• Revenue Growth: N/A
• EPS Growth: -130.77%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 343,212,000
• 10 Day Avg. Volume: 560,885
• 30 Day Avg. Volume: 360,191
• PEG Ratio: -13.02
• Price to Book (P/B): 4.56
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -27.69
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 54 Neutral
• Price Target: C$1.50 ▼(-7.41% Downside)

The score is held down primarily by weak financial performance (no revenue, widening losses, and negative free cash flow indicating reliance on financing). Offsetting this, technicals are constructive with strong trend and positive momentum, while valuation remains challenged due to ongoing losses and no dividend support.

Positive Factors

Exploration Program

The new exploration program with a substantial budget aims to identify significant new resources, enhancing GoldQuest's market position and potential future revenue streams.

Strategic Appointment

The appointment of an experienced VP of Exploration is expected to advance exploration efforts, strengthening the company's strategic capabilities in the mineral exploration industry.

Debt-Free Balance Sheet

A debt-free balance sheet provides financial stability and flexibility, allowing GoldQuest to focus on exploration and development without the burden of debt repayments.

Negative Factors

No Revenue Generation

The lack of revenue generation indicates operational challenges and limits the company's ability to fund exploration and development activities from internal cash flows.

Negative Cash Flow

Sustained negative cash flow is unsustainable and may require external financing, which could dilute existing shareholders or increase financial risk.

Ongoing Financial Losses

Continuous financial losses highlight the company's struggle to achieve profitability, impacting its long-term viability and ability to invest in growth opportunities.

GoldQuest Mining Business Overview & Revenue Model

Company Description

Goldquest Mining Corp., together with its subsidiaries, engages in the identification, acquisition, and exploration of mineral properties. It primarily owns a 100% interest in the Romero gold-copper project that comprises 2 mineral deposits covering an area of 3,997 hectares located to the south of the Central Cordillera of Hispaniola; and the Tireo property, including 13 concessions totalling 20,076 hectares located in the province of San Juan de la Maguana, the Dominican Republic. Goldquest Mining Corp. was incorporated in 1989 and is headquartered in Toronto, Canada.

How the Company Makes Money

GoldQuest Mining Corp generates revenue primarily through the exploration and development of mineral resources, particularly gold and copper. The company aims to bring its mineral properties to the production stage, at which point it could earn money through the sale of extracted minerals. Additionally, GoldQuest may enter into joint ventures or partnerships with other mining companies to share the risks and costs associated with exploration and development, which can provide them with financial backing or revenue sharing opportunities. The company's earnings are significantly influenced by global commodity prices, exploration success, and the ability to efficiently manage operational costs.

GoldQuest Mining Financial Statement Overview

Summary

GoldQuest Mining is facing financial challenges with no revenue generation and continuous losses, leading to a low income statement score. However, the solid balance sheet with zero debt provides some financial stability. The cash flow situation is concerning with negative operating and free cash flows, impacting overall financial performance.

Income Statement

GoldQuest Mining has consistently reported zero revenue over the analyzed periods, indicating no operational sales. The net income has been negative, reflecting ongoing losses. There is no revenue growth observed, as revenues remain null across the years. The company has negative EBIT and EBITDA margins due to operational costs exceeding income, which are concerning for profitability.

Balance Sheet

The company has zero total debt and a positive equity position, with stockholders' equity accounting for nearly all of its total assets. This results in a favorable debt-to-equity ratio of zero. The equity ratio is high, demonstrating strong capitalization with no leverage risk, which is a positive sign of financial stability despite the lack of revenue.

Cash Flow

GoldQuest Mining shows negative operating and free cash flows, indicating cash outflows exceeding inflows, which is unsustainable in the long run. The operating cash flow to net income ratio is negative, reflecting inefficiencies in converting earnings into cash. The absence of free cash flow growth highlights challenges in managing cash effectively.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-17.87K	-16.49K	-11.54K	-24.27K	-31.60K	-23.63K
EBITDA	-7.21M	-2.68M	-2.56M	-2.71M	-2.36M	-1.59M
Net Income	-6.74M	-2.69M	-2.58M	-2.71M	-2.40M	-1.62M
Balance Sheet
Total Assets	27.99M	15.54M	9.73M	12.08M	14.27M	15.89M
Cash, Cash Equivalents and Short-Term Investments	27.13M	15.30M	9.40M	11.80M	14.05M	15.59M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	848.14K	154.96K	155.17K	140.72K	155.72K	292.07K
Stockholders Equity	27.14M	15.39M	9.57M	11.94M	14.12M	15.60M
Cash Flow
Free Cash Flow	-4.80M	-2.53M	-2.40M	-2.26M	-1.53M	-1.57M
Operating Cash Flow	-4.52M	-2.53M	-2.35M	-2.25M	-1.53M	-1.49M
Investing Cash Flow	-279.95K	18.60K	-44.68K	-7.84K	0.00	-77.99K
Financing Cash Flow	24.28M	8.42M	0.00	0.00	0.00	308.75K

GoldQuest Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.62
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GQC, the sentiment is Positive. The current price of 1.62 is above the 20-day moving average (MA) of 1.56, above the 50-day MA of 1.54, and above the 200-day MA of 0.94, indicating a bullish trend. The MACD of 0.06 indicates Negative momentum. The RSI at 59.39 is Neutral, neither overbought nor oversold. The STOCH value of 62.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GQC.

GoldQuest Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
BZ	57 Neutral	C$442.49M	-19.29	-82.21%	―	―	-524.41%
GQC	54 Neutral	C$569.73M	-79.05	-38.72%	―	―	-130.77%
ERD	53 Neutral	C$537.42M	-39.49	-24.29%	―	―	-1422.76%
ETG	44 Neutral	C$502.66M	-23.98	―	―	―	-41.18%
EMO	42 Neutral	C$202.62M	-13.83	-46.38%	―	―	19.55%
REG	37 Underperform	C$515.70M	-118.79	-6.29%	―	―	-67.96%

GoldQuest Mining Corporate Events

GoldQuest Raises Additional C$8.7 Million in Second Tranche of Private Placement

GoldQuest Mining has closed the second tranche of its non-brokered private placement, issuing 7,172,813 units at C$1.21 each for gross proceeds of about C$8.7 million, bringing total funds raised across the first two tranches to roughly C$40 million. The financing, which includes warrants and involves a modest level of insider participation, is intended to support early development work at the Romero project, expand greenfield exploration drilling and fund general corporate purposes, bolstering the company’s ability to advance its Dominican Republic assets and potentially strengthening its position in the regional gold and copper exploration sector.

The most recent analyst rating on (TSE:GQC) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on GoldQuest Mining stock, see the TSE:GQC Stock Forecast page.

GoldQuest Raises C$30 Million in First Tranche of Expanded Private Placement

GoldQuest Mining has closed the first tranche of its enlarged non-brokered private placement, issuing 24.8 million units at C$1.21 each for gross proceeds of about C$30 million, with each unit comprising one common share and half a warrant exercisable at C$1.80 over 24 months. The financing, which remains subject to final TSX Venture Exchange approval and includes a significant finder’s fee to Milenio Partners, will fund early development work at the company’s Romero project, expand greenfield exploration drilling and support general corporate purposes, while a second tranche is expected to include modest insider participation structured to avoid triggering minority approval requirements.

GoldQuest Upsizes Private Placement to $42 Million on Strong Institutional Demand

GoldQuest Mining Corp. has increased the size of its previously announced non-brokered private placement to up to 34.7 million units at $1.21 per unit, for potential gross proceeds of about $42 million. Each unit consists of one common share and half a warrant, with full warrants exercisable at $1.80 for 24 months, and the financing—driven by strong demand from Dominican institutional investors and international participants—is expected to close by early January 2026 subject to regulatory approvals. Proceeds are earmarked for early development work at the Romero gold-copper project in the Dominican Republic, expanded greenfield exploration, and general corporate purposes, with insider participation treated as a related-party transaction under securities rules, and a four-month hold period applying to the securities issued. The upsized financing underscores growing institutional confidence in the Romero project and strengthens GoldQuest’s capital base and shareholder alignment as it advances permitting and project development toward potential construction.

GoldQuest Mining Secures C$30 Million for Dominican Projects

GoldQuest Mining Corp. has announced a C$30 million private placement to fund exploration and early development activities in the Dominican Republic. The financing, which includes participation from a new institutional investor and support from established Dominican investors, is expected to enhance the company’s strategic objectives and strengthen its shareholder base.

GoldQuest Advances Drilling and Metallurgical Program at Romero Project

GoldQuest Mining Corp. has provided an update on its 2025 drilling and metallurgical program at the Romero Gold-Copper Project in the Dominican Republic. The company has completed five metallurgical drill holes totaling 1,906 meters, with advanced testwork results expected by May 2026. The program aims to support the feasibility study with detailed geotechnical and hydrogeological data. Additionally, GoldQuest is mobilizing additional rigs to explore the high-priority Cachimbo target and other early-stage targets along the Romero-Cachimbo corridor, integrating new datasets into AI targeting software to refine exploration efforts.

GoldQuest Mining Begins Trading on OTCQX to Boost U.S. Investor Access

GoldQuest Mining Corp. has commenced trading on the OTCQX Best Market under the symbol GDQMF, marking a significant milestone aimed at increasing visibility and access to U.S. investors. This move is expected to attract more institutional and retail capital, supporting the company’s goal of advancing the Romero project to a feasibility study and creating long-term value from its assets in the Dominican Republic.

GoldQuest Mining Engages DS Market Solutions for Market-Making Services

GoldQuest Mining Corp. has engaged DS Market Solutions Inc. to provide market-making services aimed at maintaining an orderly market for its securities on the TSXV. This collaboration is expected to enhance liquidity for GoldQuest’s shares, potentially improving its market positioning and benefiting stakeholders by ensuring more stable trading conditions.