Quebec Nickel Corp (QNI) AI Stock Analysis

• Market Cap: C$1.56M
• Dividend Yield: N/A
• Average Volume (3M): 7.44K
• Price to Earnings (P/E): 2.3
• Beta (1Y): 3.18
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 59
• Industry: Industrial Materials
• EPS (TTM): 0.05
• Shares Outstanding: 13,534,420
• 10 Day Avg. Volume: 6,043
• 30 Day Avg. Volume: 7,439
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• 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

Quebec Nickel Corp's overall stock score is primarily driven by its strong balance sheet and low valuation metrics. However, significant concerns exist due to the lack of revenue generation and negative operational profitability. The recent improvements in cash flow and upward technical momentum are positive, yet the sustainability of these factors remains uncertain without substantial revenue growth.

Quebec Nickel Corp Business Overview & Revenue Model

Company Description

Quebec Nickel Corp. engages in the acquisition, exploration, and development of mineral resource properties. The company explores for nickel, copper, and platinum group element deposits. It holds 100% in the Ducros property that comprises 280 contiguous mining claims covering an area of 15,147 hectares located in the Val d'Or area of Quebec, Canada. The company was incorporated in 2020 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Quebec Nickel Corp makes money through the exploration and potential future extraction and sale of nickel, copper, and platinum group elements from its mineral properties. The company generates revenue by discovering and proving the existence of economically viable mineral deposits and then either developing these deposits into operational mines or partnering with or selling the rights to larger mining companies. Additionally, the company may seek joint ventures or strategic partnerships to fund exploration activities and share the financial and operational risks associated with developing mineral resources. Key revenue streams include royalties, sale of extracted minerals, and proceeds from any partnerships or joint ventures.

Quebec Nickel Corp Financial Statement Overview

Summary

Quebec Nickel Corp exhibits strengths in maintaining a strong balance sheet with no debt and a solid equity position. However, the consistent lack of revenue generation and negative operating margins are significant weaknesses. While there are improvements in cash flows recently, the sustainability of these improvements is uncertain without revenue growth.

Income Statement

Quebec Nickel Corp has reported zero revenue consistently, which is a significant concern in terms of income generation. The company has managed to turn a net income in the TTM period, but this is primarily due to non-operational factors, as indicated by negative EBIT and EBITDA margins. The lack of revenue growth and operational profitability is a major weakness.

Balance Sheet

Quebec Nickel Corp maintains a strong balance sheet with no debt, resulting in a favorable debt-to-equity ratio and a high equity ratio of approximately 89.5%. This indicates a stable financial structure with low leverage. However, the company's total assets have been declining, which might impact future growth potential.

Cash Flow

The company's cash flow analysis shows improvement in operating cash flow and free cash flow in the TTM period, indicating better cash management. However, the free cash flow remains negative over longer periods, which raises concerns about the sustainability of cash generation from operations.

Breakdown
Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00
	EBIT
-1.13M	-1.27M	-1.64M	-104.52K
	EBITDA
212.83K	-430.69K	-1.28M	-104.52K
	Net Income Common Stockholders
1.30M	-1.89M	-2.87M	-104.52K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.43M	5.32M	7.15M	1.08M
	Total Assets
15.60M	17.68M	9.22M	1.42M
	Total Debt
0.00	0.00	0.00	0.00
	Net Debt
-1.43M	-5.32M	-7.15M	-1.08M
	Total Liabilities
1.71M	5.11M	1.80M	8.00K
	Stockholders Equity
13.88M	12.57M	7.42M	1.41M
Cash Flow		Free Cash Flow
-3.87M	-10.44M	-1.76M	-192.87K
	Operating Cash Flow
-1.26M	-1.64M	-897.35K	-58.05K
	Investing Cash Flow
-2.61M	-8.81M	-858.74K	-134.82K
	Financing Cash Flow
-17.07K	8.61M	7.82M	1.28M

Quebec Nickel Corp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.12
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:QNI, the sentiment is Positive. The current price of 0.12 is above the 20-day moving average (MA) of 0.10, above the 50-day MA of 0.10, and above the 200-day MA of 0.12, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 64.89 is Neutral, neither overbought nor oversold. The STOCH value of 133.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:QNI.

Quebec Nickel Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
QNI	53 Neutral	C$1.56M	2.27	3.71%	―	―	―
Sector *	49 Neutral	$1.95B	-1.37	-21.43%	3.74%	0.84%	-29.84%
FPX	40 Underperform	C$74.01M	―	-4.25%	―	―	48.82%

Quebec Nickel Corp Corporate Events

Québec Nickel Refocuses and Issues Stock Options

Québec Nickel Corp. is refining its focus by returning 237 mining claims to Val-D’Or Mining Corporation, allowing them to concentrate on core areas for exploration. Additionally, the company has issued 525,000 stock options to key personnel, potentially boosting engagement and aligning interests with shareholders.

Québec Nickel Secures $250K in Shareholder Financing

Québec Nickel Corp. has successfully closed a private placement offering, raising $250,000 by issuing 2,000,000 units at $0.125 per unit. Each unit includes one common share and a half share purchase warrant, offering investors a chance to engage with the company’s growth potential in the mineral exploration sector. The raised funds will be used for general working capital purposes.

Québec Nickel Corp. Announces Private Placement

Québec Nickel Corp. is launching a private placement offering to raise up to $250,000 through the sale of 2,000,000 units to existing shareholders. Each unit includes one common share and a half-share purchase warrant, with the funds intended for general working capital purposes. The offering is available only to shareholders as of October 24, 2024, on a first-come, first-served basis, with conditions on purchase amounts.