Quartz Mountain Resources (QZM) AI Stock Analysis

• Market Cap: C$62.01M
• Dividend Yield: N/A
• Average Volume (3M): 25.18K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.69
• Revenue Growth: N/A
• EPS Growth: -32.14%
• Country: CA
• Employees: 4
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 70,463,910
• 10 Day Avg. Volume: 22,286
• 30 Day Avg. Volume: 25,177
• PEG Ratio: -1.00
• Price to Book (P/B): 9.77
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -12.35
• 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: 52 Neutral
• Price Target: C$0.81 ▼(-8.18% Downside)

The score is held down primarily by weak financial performance (no revenue, widening losses, and ongoing cash burn). This is partially offset by strong technical momentum (price above key moving averages with positive MACD) and supportive recent corporate updates (OTCQX uplist and encouraging exploration progress), though overbought signals and loss-driven negative P/E limit the rating.

Positive Factors

Drilling Initiatives

The start of drilling at the Prodigy discovery could expand mineral resources, enhancing the company's asset base and future revenue potential.

Successful Financing

The $4.2 million financing provides necessary capital for exploration, supporting strategic growth initiatives and improving financial stability.

Industry Positioning

Multiple deposit targets at the Maestro Property enhance Quartz's competitive position in the mining sector, potentially attracting partnerships.

Negative Factors

Negative Profitability

Consistently negative net income highlights ongoing operational challenges, limiting the company's ability to generate sustainable profits.

Cash Flow Challenges

Negative operating cash flow suggests liquidity issues, potentially hindering long-term operational and strategic flexibility.

Limited Revenue Generation

Lack of revenue generation undermines growth prospects and financial health, necessitating successful project development to improve outlook.

Quartz Mountain Resources Business Overview & Revenue Model

Company Description

Quartz Mountain Resources Ltd. operates as a mineral exploration company in British Columbia, Canada. The company explores for gold, silver, and copper deposits. It holds a 100% interest in Maestro property comprising ten mineral claims covering approximately 1,540 hectares located near Houston, British Columbia. It also has a mineral claims purchase agreement with United Mineral Services Ltd. to acquire a 100% interest in the Jake mineral property that comprising four staked claims; and an option to purchase a 100% interest in five adjacent claims located to the north of Smithers, northwestern British Columbia. The company was formerly known as Quartz Mountain Gold Corp. and changed its name to Quartz Mountain Resources Ltd. in November 1997. Quartz Mountain Resources Ltd. was incorporated in 1982 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Quartz Mountain Resources makes money through the exploration and development of mineral properties, which eventually lead to the extraction and sale of precious metals like gold and copper. The company's revenue model primarily involves discovering and proving the viability of mineral deposits, which can then be sold or developed into operational mines. Key revenue streams include the sale of extracted metals and strategic partnerships or joint ventures with larger mining companies that provide financial and technical support in exchange for a share of the profits or ownership in the developed project. Additionally, Quartz Mountain Resources may engage in leasing or selling its exploration rights to other companies, generating income from its portfolio of mineral properties.

Quartz Mountain Resources Financial Statement Overview

Summary

Quartz Mountain Resources is struggling with profitability and operational efficiency, as reflected in its income statement. The balance sheet shows some improvement in equity, but past instability poses risks. Cash flow management is challenged by negative operating cash flows, though financing has provided some relief. The company needs strategic changes to drive revenue and stabilize its financial position.

Income Statement

Quartz Mountain Resources shows consistently negative net income, indicating a lack of profitability. The company has not generated any revenue across the reported periods, which severely impacts its ability to improve margins or demonstrate growth. The EBIT and EBITDA margins are negative, reflecting ongoing operational challenges.

Balance Sheet

The company maintains a low level of debt, resulting in a favorable debt-to-equity ratio. However, the equity ratio has fluctuated due to negative stockholders' equity in earlier years, indicating past financial instability. Improvement is observed as equity has turned positive, but the overall asset base remains limited.

Cash Flow

Operating cash flow remains negative, indicating ongoing cash burn without revenue generation. Despite this, financing activities have provided some liquidity, as evidenced by free cash flow improvements. However, the sustainability of cash flow is uncertain without operational improvements.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	-9.89K	-9.89K	-9.89K	-9.89K	-2.47K
EBITDA	-3.46M	-2.48M	-895.09K	-979.15K	-226.29K
Net Income	-3.47M	-2.44M	-910.43K	-997.85K	-116.42K
Balance Sheet
Total Assets	4.19M	3.01M	863.60K	842.55K	598.56K
Cash, Cash Equivalents and Short-Term Investments	3.10M	1.91M	97.47K	321.79K	206.44K
Total Debt	10.17K	22.39K	32.75K	41.33K	48.80K
Total Liabilities	281.44K	333.04K	72.90K	332.29K	135.04K
Stockholders Equity	3.91M	2.68M	790.70K	510.26K	463.51K
Cash Flow
Free Cash Flow	-3.09M	-2.37M	-773.78K	-520.68K	-407.11K
Operating Cash Flow	-3.05M	-2.34M	-523.78K	-445.68K	-277.11K
Investing Cash Flow	-41.00K	-7.91K	-237.59K	-71.64K	47.77K
Financing Cash Flow	4.26M	4.15M	537.04K	632.66K	229.25K

Quartz Mountain Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.88
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:QZM, the sentiment is Positive. The current price of 0.88 is above the 20-day moving average (MA) of 0.80, above the 50-day MA of 0.64, and above the 200-day MA of 0.69, indicating a bullish trend. The MACD of 0.07 indicates Positive momentum. The RSI at 69.65 is Neutral, neither overbought nor oversold. The STOCH value of 55.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:QZM.

Quartz Mountain Resources 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%
QZM	52 Neutral	C$62.01M	-14.86	-124.66%	―	―	-32.14%
LCE	52 Neutral	C$95.87M	-35.80	-4.48%	―	―	27.68%
GMA	50 Neutral	C$59.50M	-22.35	-102.86%	―	-100.00%	-33.58%
FT	46 Neutral	C$64.34M	-10.78	―	―	―	-82.14%
MD	44 Neutral	C$52.65M	-22.27	-5.05%	―	-15.63%	2.65%
AOT.H	41 Neutral	C$28.26M	-0.12	-132.52%	―	-93.18%	-1212.96%

Quartz Mountain Resources Corporate Events

Quartz Mountain Resources Uplists to OTCQX as Maestro Drilling Advances

Quartz Mountain Resources has uplisted its common shares in the U.S. from the OTCQB Venture Market to the OTCQX Best Market under the symbol QZMRF, aiming to improve trading liquidity, transparency and visibility among American investors while retaining its primary listing on the TSX Venture Exchange. The move comes as the company advances its Maestro property near Houston, British Columbia, where sequential drilling at the Prodigy zone has returned strong gold and silver results, and Quartz is funded to launch a fourth phase of delineation drilling in 2026, a combination that positions the company to broaden its North American capital markets reach while systematically building out its key Au-Ag-Mo-Cu discovery.

Quartz Mountain Advances Maestro Project with Completion of IP Survey Ahead of 2026 Drilling

Quartz Mountain Resources has completed a 4.3 square kilometre induced polarization geophysical survey over key portions of its Maestro property in British Columbia, targeting precious metal systems located around the Lone Pine molybdenum deposit and in and around the Prodigy gold-silver zone. The survey is designed to map sulphide systems to depths of up to 500 metres associated with three integrated mineralization styles—epithermal gold-silver-molybdenum-copper, porphyry gold, and porphyry molybdenum-copper—whose age and characteristics compare favourably with those at the region’s new Blackwater Gold Mine, and the processed data will be used to refine sequential drilling programs planned for 2026, potentially enhancing resource definition and value creation at both Maestro and the company’s Jake project.

Quartz Mountain Resources Expands Prodigy Mineralization with New Gold-Rich Porphyry Discovery

Quartz Mountain Resources has announced successful assay results from its Phase 3 drilling program at the Maestro property in British Columbia, highlighting the discovery of a gold-rich porphyry system. The drilling intersected three distinct types of mineralization: Porphyry Au, Porphyry Cu-Mo or Mo-Cu, and Epithermal Au-Ag-Mo-Cu, significantly expanding the Prodigy mineralization. These findings enhance the company’s geological knowledge and position it for further exploration, with plans to commence Phase 4 drilling in early 2026, supported by a treasury of $2.6 million.