Quimbaya Gold Inc (QIM) AI Stock Analysis

• Market Cap: C$29.62M
• Dividend Yield: N/A
• Average Volume (3M): 299.15K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.16
• Revenue Growth: N/A
• EPS Growth: -107.64%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): -0.08
• Shares Outstanding: 81,156,750
• 10 Day Avg. Volume: 383,052
• 30 Day Avg. Volume: 299,152
• PEG Ratio: -0.09
• Price to Book (P/B): 2.21
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.96
• 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: 42 Neutral
• Price Target: C$0.32 ▼(-40.19% Downside)

The score is primarily driven down by weak financial performance (pre-revenue status, widening losses, and accelerating cash burn), partially offset by low balance-sheet leverage. Technicals also weigh negatively with the price below key moving averages and a negative MACD, despite near-oversold RSI/Stoch. Valuation metrics provide limited support due to a negative P/E and no dividend yield data.

Positive Factors

Low leverage

Zero reported debt materially reduces solvency and interest burden risk for an exploration company. This durable balance-sheet strength gives management flexibility to time financing, prioritize exploration spend, and withstand commodity cycles without immediate debt-service pressure.

Growing equity base

An expanding equity and asset base provides a larger capital runway to fund exploration and project advancement. Over months this supports sustained programs and claim maintenance, reducing urgency for immediate dilutive raises and enabling staged, milestone-driven capital deployment.

Focused exploration strategy

Clear strategic focus on gold properties in Colombia concentrates technical expertise and asset allocation. Durable benefit: a specialized land package and local exploration know-how increase the chance that successful drill results translate to scalable deposits or attractive JV/partnering opportunities.

Negative Factors

Pre-revenue with widening losses

Being pre-revenue while losses accelerate indicates the company remains in an early-stage, high-risk phase. Over months this structural deficit consumes equity, raises dilution risk, and means the firm's long-term viability depends on successful exploration outcomes or continual external financing.

Accelerating cash burn

Significant and rising negative operating and free cash flow require frequent capital infusions. This structural cash deficit constrains multi-year drilling programs, forces prioritization of projects, and elevates execution risk if capital markets tighten or partner funding is delayed.

Negative returns on capital

Negative ROE shows the company is consuming shareholder capital rather than generating value. Over the medium term this impedes investor confidence, can raise the cost of new capital, and means long-term value creation hinges on successful resource definition or a material operational inflection.

Quimbaya Gold Inc Business Overview & Revenue Model

Company Description

Quimbaya Gold Inc., together with its subsidiary, Golden Pacifico Exploration SAS, engages in the acquisition, exploration, and development of mineral properties in Colombia. It explores for gold and silver deposits. The company primarily holds a 100% interest in the Berrio project that consists of one concession contract covering an area of 1,218.88 hectares located in Antioquia. Quimbaya Gold Inc. was incorporated in 2020 and is based in Calgary, Canada.

How the Company Makes Money

Quimbaya Gold Inc Financial Statement Overview

Summary

Overall financial quality is constrained by being pre-revenue with materially widening losses (TTM net income -$7.3M vs -$3.0M in 2024) and accelerating cash burn (TTM operating cash flow -$4.2M; free cash flow -$4.4M). The main offset is a low-leverage balance sheet (TTM total debt $0) and a larger equity base, but returns remain deeply negative (TTM ROE ~-1.14), implying continued reliance on external financing.

Income Statement

The company is still pre-revenue (revenue is zero across the history provided), and losses have widened materially in TTM (Trailing-Twelve-Months) with net income of -$7.3M versus -$3.0M in 2024. Profitability is consistently negative (EBIT/EBITDA losses each year), indicating the business remains in an investment/exploration phase with rising cost intensity. The main positive is that the balance sheet (not the income statement) suggests losses are being funded without meaningful interest burden, but operating performance has not yet shown a path to breakeven.

Balance Sheet

Leverage is very low (TTM total debt is $0; 2024 debt-to-equity ~0.03), which reduces solvency risk versus many early-stage peers. Equity has grown to $8.3M in TTM (Trailing-Twelve-Months) from $4.5M in 2024, supporting a larger asset base ($8.6M assets TTM). The key weakness is persistently negative returns on equity (TTM ROE about -1.14), showing capital is being diluted/consumed by losses rather than generating returns.

Cash Flow

Cash burn is significant and accelerating: operating cash flow was -$4.2M in TTM (Trailing-Twelve-Months) versus -$1.7M in 2024, and free cash flow was -$4.4M TTM versus -$2.0M in 2024. While free cash flow is broadly in line with net losses (free cash flow to net income ~1.05 TTM), the company is not self-funding and appears reliant on external financing to sustain operations. The reported free cash flow growth is positive in TTM, but it coincides with more negative absolute free cash flow, so it does not indicate improving cash generation.

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	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	-7.23M	-2.92M	-1.16M	-968.39K	-798.21K	-25.27K
Net Income	-7.28M	-2.98M	-1.21M	-968.39K	-803.30K	-27.65K
Balance Sheet
Total Assets	8.65M	5.42M	4.73M	630.76K	1.35M	213.54K
Cash, Cash Equivalents and Short-Term Investments	1.71M	47.35K	20.66K	330.68K	1.13M	26.37K
Total Debt	0.00	139.45K	248.69K	0.00	0.00	25.01K
Total Liabilities	366.54K	865.72K	448.18K	85.07K	68.41K	32.85K
Stockholders Equity	8.28M	4.55M	4.28M	545.69K	1.28M	180.69K
Cash Flow
Free Cash Flow	-4.41M	-2.03M	-1.27M	-724.68K	-553.32K	-204.59K
Operating Cash Flow	-4.18M	-1.72M	-1.27M	-724.68K	-553.32K	-19.02K
Investing Cash Flow	-755.66K	-202.83K	-421.08K	0.00	0.00	-185.58K
Financing Cash Flow	6.68M	1.98M	1.38M	-64.39K	1.66M	231.00K

Quimbaya Gold Inc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.53
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:QIM, the sentiment is Negative. The current price of 0.53 is above the 20-day moving average (MA) of 0.43, above the 50-day MA of 0.49, and below the 200-day MA of 0.55, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 37.98 is Neutral, neither overbought nor oversold. The STOCH value of 67.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:QIM.

Quimbaya Gold Inc 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%
GRC	51 Neutral	C$29.72M	-33.87	-2.66%	―	―	11.43%
OMM	50 Neutral	C$22.28M	-6.97	-58.36%	―	―	-23.23%
FFOX	49 Neutral	C$23.76M	-3.65	-130.54%	―	―	-47.82%
WG	47 Neutral	C$28.76M	-10.00	-16.82%	―	―	14.38%
QIM	42 Neutral	C$29.62M	-2.16	-82.25%	―	―	-107.64%

Quimbaya Gold Inc Corporate Events

Quimbaya Gold Gains Independent Confirmation of Major Porphyry Copper System at Tahami

Quimbaya Gold announced that independent economic geologist Dr. Stewart D. Redwood has confirmed the presence of a large porphyry copper-gold-molybdenum system at its Tahami Center project in Colombia’s Segovia district. Field work conducted in November 2025 indicates a 2.0 km by 1.4 km porphyry system, open in all directions, with complete alteration zonation and veinlet sequences typical of major porphyry deposits, supported by anomalous copper, gold, molybdenum, lead and zinc geochemistry and a strong coincident magnetic anomaly. Redwood says the discovery, geologically analogous to major Peruvian copper deposits such as Toquepala, Cuajone and Quellaveco, fundamentally changes the metallogenic understanding of the Segovia area, historically known only for high-grade gold veins, and creates dual exploration targets at Tahami: Au-Ag veins and Cu-Au-Mo porphyry mineralization. Management says the confirmation reshapes Quimbaya’s exploration strategy at Tahami and is moving to fast-track work to define drill targets for an initial test of the porphyry system in the second quarter of 2026.

The most recent analyst rating on (TSE:QIM) stock is a Hold with a C$0.32 price target. To see the full list of analyst forecasts on Quimbaya Gold Inc stock, see the TSE:QIM Stock Forecast page.

Quimbaya Gold Hits High-Grade Silver-Gold Veins at Tahami South in Colombia

Quimbaya Gold reported assay results from its inaugural Phase 1 diamond drilling campaign at the Tahami South target in Colombia, confirming high-grade silver and gold mineralization in two structurally distinct vein systems within its 100%-owned Tahami Project. Highlights include Vein S intercepts of up to 9.8 g/t gold equivalent over 1.0 meter, driven by exceptionally high silver grades of 528 g/t (17 oz/t), and Vein V intercepts that, together with Vein S, demonstrate structural continuity over strike lengths of 0.8 to 2.2 kilometers. The results show mineralized vein intercepts from most drill platforms, indicating widespread distribution of target structures and a pattern of high-grade shoots within a broader mineralized envelope that is typical of the Segovia district, bolstering management’s confidence to advance systematic exploration and raising the project’s potential significance for the company and its stakeholders.

The most recent analyst rating on (TSE:QIM) stock is a Hold with a C$0.52 price target. To see the full list of analyst forecasts on Quimbaya Gold Inc stock, see the TSE:QIM Stock Forecast page.

Quimbaya Gold Discovers New Vein Systems in Colombia

Quimbaya Gold Inc. has announced the discovery of two new mineralized vein systems at its Tahami South Project in Colombia’s Segovia-Remedios gold district. This discovery is a significant milestone, confirming the company’s exploration thesis that district-scale mineralized structures extend into underexplored areas. The ongoing drill program has intersected mineralization in eight out of nine holes, demonstrating strong structural continuity and prompting an extension of the drilling program beyond its initial scope. This development positions Quimbaya favorably within one of Latin America’s most productive gold districts and indicates potential for further exploration and expansion.

Quimbaya Gold Secures C$14.4 Million to Boost Exploration Efforts

Quimbaya Gold Inc. has successfully closed a C$14.4 million bought deal financing, facilitated by Stifel Canada, to support its exploration programs and general working capital. The funds will be used to advance drilling at the Tahami South project and other regional copper-gold and gold targets, enhancing the company’s exploration initiatives and potentially strengthening its position in the mining industry.