GoldQuest Mining (GQC) AI Stock Analysis

GoldQuest Mining

(TSXV:GQC)

Select Model

Rating:46Neutral

Price Target:CAD 0.67▼(-8.77% Downside)

Action:reiterated

Date:09/26/26

The score is primarily constrained by weak financial performance: the company is pre-revenue with rapidly worsening losses and free-cash-flow burn, increasing dilution/financing risk. Technicals provide only a modest offset (some short-term strength but a weak long-term trend and negative MACD). Valuation is also pressured by negative earnings and no stated dividend yield.

Positive Factors

Debt-free balance sheetThe absence of reported debt reduces near-term solvency and refinancing pressure, giving GoldQuest more flexibility while it advances exploration assets. Although losses remain substantial, conservative leverage means operating setbacks are not compounded by mandatory interest payments or debt maturities.

Negative Factors

No operating revenueGoldQuest has not established a recurring operating revenue base because its projects remain pre-production. Without mineral sales or other demonstrated operating income, financial progress depends on exploration outcomes and access to capital, making future earnings highly uncertain over the next several quarters.

GoldQuest Mining (GQC) vs. iShares MSCI Canada ETF (EWC)

Market Cap: CAD 261.41M
Dividend Yield: ―
Average Volume (3M): 54.37K
Price to Earnings (P/E): -9.4
Beta (1Y): -0.32
Revenue Growth: ―
EPS Growth: -378.81%
Country: Canada
Employees: 0
Sector: General
Sector Strength: 55
Industry: Other Precious Metals

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 in the Dominican Republic. The company primarily explores for gold and copper deposits. It primarily owns a 100%...

How the Company Makes Money

GoldQuest Mining’s earnings model depends on the stage of its projects. As an exploration-stage company, it generally does not generate recurring operating revenue from selling minerals until it reaches commercial production; instead, value and poten...

GoldQuest Mining Financial Statement Overview

Summary

Pre-revenue with sharply worsening losses and cash burn in TTM, indicating rising reliance on external financing. The key offset is a debt-free balance sheet and meaningful equity cushion, which reduces near-term solvency risk but does not solve ongoing value erosion from sustained losses.

Income Statement

8Very Negative

Balance Sheet

62Positive

Cash Flow

18Very Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	0	0	0	0	0	0
Gross Profit	-37.74K	-19.86K	-16.49K	-11.54K	-24.27K	-31.60K
EBITDA	-27.74M	-12.38M	-2.68M	-2.56M	-2.71M	-2.36M
Net Income	-27.03M	-11.95M	-2.69M	-2.58M	-2.71M	-2.40M
Balance Sheet
Total Assets	47.77M	57.25M	15.54M	9.73M	12.08M	14.27M
Cash, Cash Equivalents and Short-Term Investments	45.51M	56.07M	15.30M	9.40M	11.80M	14.05M
Total Debt	0	0	0	0	0	0
Total Liabilities	2.15M	3.50M	154.96K	155.17K	140.72K	155.72K
Stockholders Equity	45.62M	53.76M	15.39M	9.57M	11.94M	14.12M
Cash Flow
Free Cash Flow	-24.33M	-8.78M	-2.53M	-2.40M	-2.26M	-1.53M
Operating Cash Flow	-23.28M	-8.15M	-2.53M	-2.35M	-2.25M	-1.53M
Investing Cash Flow	-908.03K	-631.26K	18.60K	-44.68K	-7,837	0
Financing Cash Flow	40.75M	49.55M	8.42M	0	0	0

GoldQuest Mining Technical Analysis

Technical Analysis SentimentNegative

Last Price0.73

Price Trends

50DMA0.79Negative

100DMA0.79Negative

200DMA1.33Negative

Market Momentum

MACD-0.02Positive

RSI40.58Neutral

STOCH65.77Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GQC, the sentiment is Negative. The current price of 0.73 is below the 20-day moving average (MA) of 0.74, below the 50-day MA of 0.79, and below the 200-day MA of 1.33, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 40.58 is Neutral, neither overbought nor oversold. The STOCH value of 65.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:GQC.

GoldQuest Mining Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TSE:GQC against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TSE:ERD	58Neutral	CAD 341.90M	22.78	20.52%	―	―	―
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TSE:REG	53Neutral	CAD 586.94M	-210.36	-3.92%	―	―	40.46%
TSE:GQC	46Neutral	CAD 261.41M	-9.40	-59.68%	―	―	-378.81%
TSE:BZ	44Neutral	CAD 1.48B	-19.01	-117.12%	―	―	-307.94%
TSE:ETG	44Neutral	CAD 533.94M	-26.54	17.71%	―	―	-7.35%
TSE:EMO	43Neutral	CAD 80.09M	-5.59	-20.67%	―	―	4.74%

* General Sector Average

Performance Comparison

TSE:GQC and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:GQC	GoldQuest Mining	0.68	-1.13	-62.43%
TSE:ETG	Entree Gold Inc	2.56	0.20	8.47%
TSE:EMO	Emerita Resources	0.27	-1.17	-81.25%
TSE:ERD	Erdene Resource Development Corporation	5.22	-2.96	-36.19%
TSE:REG	Regulus Resources	4.67	1.37	41.52%
TSE:BZ	Benz Mining Corp	3.91	2.40	158.94%

GoldQuest Mining Corporate Events

Business Operations and StrategyExecutive/Board Changes

GoldQuest Bolsters Board With Mining Veteran and Updates Equity Incentives

Positive

Sep 22, 2026

GoldQuest Mining has strengthened its board by appointing veteran mining engineer Martin Wafforn, whose four decades of global technical and operational experience include senior leadership roles at Pan American Silver and prior positions at Barrick...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 26, 2026

GoldQuest Mining AI Stock Analysis