Quantum Battery Metals (QBAT) AI Stock Analysis

Quantum Battery Metals

(CNQX:QBAT)

Select Model

Rating:42Neutral

Price Target:CAD 0.28▼(-4.07% Downside)

Action:upgraded

Date:09/17/26

The score is primarily weighed down by weak financial performance (pre-revenue operations, escalating TTM net losses, and ongoing cash burn that implies reliance on external funding). Technicals add modest pressure as the stock trades below major moving averages with negative MACD, while valuation offers limited insight due to negative earnings and no dividend yield support.

Positive Factors

Battery-metals exploration exposureQBAT’s focus on battery metals gives its exploration portfolio structural relevance to electric-vehicle and energy-storage supply chains. If exploration identifies commercially attractive targets, that thematic positioning could support future property advancement, partnerships, or development opportunities.

Negative Factors

Pre-revenue operating profileThe absence of reported revenue leaves QBAT without an established operating income stream to fund exploration and corporate costs. This makes financial progress dependent on advancing mineral properties or securing financing, while the timing and economics of any future revenue remain uncertain.

Quantum Battery Metals (QBAT) vs. iShares MSCI Canada ETF (EWC)

Market Cap: CAD 1.97M
Dividend Yield: ―
Average Volume (3M): 3,462
Price to Earnings (P/E): -0.3
Beta (1Y): -0.57
Revenue Growth: ―
EPS Growth: -462.29%
Country: Canada
Employees: 75,000
Sector: Basic Materials
Sector Strength: 61
Industry: Industrial Materials

Quantum Battery Metals Business Overview & Revenue Model

Company Description

Quantum Battery Metals Corp. specializes in the identification, exploration, and development of mineral resources. The company's key assets are two properties located in Quebec, Canada: the Albanel lithium property, which covers approximately 2,751 h...

How the Company Makes Money

Publicly available information sufficient to describe QBAT’s specific, recurring revenue model is null. As an exploration-stage issuer, the company typically does not generate operating revenue from product sales unless it has producing assets, royal...

Quantum Battery Metals Financial Statement Overview

Summary

Financials reflect a high-risk, pre-revenue profile: no revenue reported, persistent losses with a sharp net loss deterioration in TTM (~-$6.8M), and consistently negative operating cash flow/free cash flow (TTM operating cash flow about -$0.25M). Balance-sheet leverage is not extreme (debt-to-equity ~0.63) with positive equity (~$0.75M), but equity has been volatile (including a period of negative equity), highlighting ongoing funding and dilution risk.

Income Statement

12Very Negative

Balance Sheet

38Negative

Cash Flow

18Very Negative

Financial statement breakdown
Breakdown	TTM	Apr 2025	Apr 2024	Apr 2023	Apr 2022	Apr 2021
Income Statement
Total Revenue	0	0	0	0	0	0
Gross Profit	0	0	0	0	0	0
EBITDA	-125.54K	-165.59K	-854.13K	-33.33K	5.54M	-2.13M
Net Income	-6.80M	-6.81M	-1.11M	-1.05M	-639.33K	-8.42M
Balance Sheet
Total Assets	3.05M	2.82M	9.55M	7.73M	3.04M	896.56K
Cash, Cash Equivalents and Short-Term Investments	207.18K	368	210.87K	165.07K	33.34K	17.09K
Total Debt	472.50K	387.68K	740.59K	532.80K	439.95K	577.33K
Total Liabilities	2.31M	2.55M	2.63M	1.79M	1.59M	2.16M
Stockholders Equity	746.37K	272.89K	6.91M	5.94M	1.46M	-1.27M
Cash Flow
Free Cash Flow	-251.35K	-164.40K	-254.21K	-1.11M	-549.61K	-2.39M
Operating Cash Flow	-250.41K	-164.40K	-244.53K	-1.09M	-549.42K	-2.36M
Investing Cash Flow	-2,645	-54.79K	-9,675	206.41K	-186.00K	-199.32K
Financing Cash Flow	459.73K	8,685	300.00K	1.02M	751.67K	2.57M

Quantum Battery Metals Technical Analysis

Technical Analysis SentimentNegative

Last Price0.29

Price Trends

50DMA0.37Negative

100DMA0.39Negative

200DMA0.42Negative

Market Momentum

MACD-0.02Positive

RSI39.70Neutral

STOCH-0.00Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:QBAT, the sentiment is Negative. The current price of 0.29 is below the 20-day moving average (MA) of 0.33, below the 50-day MA of 0.37, and below the 200-day MA of 0.42, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 39.70 is Neutral, neither overbought nor oversold. The STOCH value of -0.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:QBAT.

Quantum Battery Metals Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

TSE:QBAT against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
TSE:RFLX	46Neutral	CAD 1.65M	-0.74	143.37%	―	―	58.36%
TSE:CELL	42Neutral	CAD 1.93M	-1.64	-28.86%	―	―	―
TSE:QBAT	42Neutral	CAD 2.82M	-0.34	-313.02%	―	―	-462.29%
TSE:GBML	41Neutral	CAD 2.97M	-4.46	-16.21%	―	―	33.43%
TSE:COS	40Underperform	CAD 1.55M	-1.59	148.68%	―	―	―
TSE:MEGA	40Underperform	CAD 1.54M	-2.28	156.57%	―	―	92.71%

* Basic Materials Sector Average

Performance Comparison

TSE:QBAT and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:QBAT	Quantum Battery Metals Corp.	0.29	-0.24	-44.34%
TSE:GBML	Global Battery Metals Ltd	0.20	0.07	53.85%
TSE:CELL	Grid Battery Metals Inc	0.01	-0.03	-71.43%
TSE:MEGA	Megawatt Lithium And Battery Metals Corp.	0.25	0.01	4.17%
TSE:RFLX	Freedom Battery Metals, Inc.	0.16	-0.07	-30.43%
TSE:COS	Coniagas Battery Metals Inc	0.04	-0.04	-43.75%

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 17, 2026

Quantum Battery Metals AI Stock Analysis