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Quimbaya Gold Inc (QIM) AI Stock Analysis
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Quimbaya Gold Inc
(CNQX:QIM)
The score is primarily weighed down by weak financial performance (no revenue, rapidly widening losses, and accelerating cash burn that increases financing risk). Technicals add additional pressure with a clear downtrend (price below key moving averages and negative MACD). Valuation provides little offset given negative earnings (negative P/E) and no dividend yield.
Quimbaya Gold Inc (QIM) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 20.01M
- Dividend Yield
- ―
- Average Volume (3M)
- 155.35K
- Price to Earnings (P/E)
- -1.3
- Beta (1Y)
- 0.40
- Revenue Growth
- ―
- EPS Growth
- -66.31%
- Country
- Canada
- Employees
- 0
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Gold
Quimbaya Gold Inc Business Overview & Revenue Model
Company Description
Quimbaya Gold Inc., together with its subsidiaries, engaged in the acquisition, exploration, and development of mineral properties in Colombia. It explores for gold and copper deposits. The company’s flagship project is the Tahami project covering an...
How the Company Makes Money
Quimbaya Gold Inc’s business model is primarily that of a pre-revenue exploration issuer: it typically does not generate recurring operating revenue from selling products or services. Instead, it funds exploration and corporate activities mainly thro...
Quimbaya Gold Inc Financial Statement Overview
Summary
Exploration-stage profile with no revenue and sharply widening losses (net loss worsening from about -$1.2M in 2023 to roughly -$12.7M TTM) alongside materially negative and deteriorating operating/free cash flow (FCF around -$9.5M TTM). The main offset is a net-cash balance sheet with $0 debt, but shrinking equity and ongoing burn imply continued financing/dilution risk.
Income Statement
8Very NegativeBalance Sheet
44NeutralCash Flow
18Very Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | -82.92K | -21.21K | 0 | 0 | 0 | 0 |
| EBITDA | -12.81M | -10.13M | -2.92M | -1.16M | -968.39K | -798.21K |
| Net Income | -12.72M | -10.18M | -2.98M | -1.21M | -968.39K | -803.30K |
Balance Sheet | ||||||
| Total Assets | 14.61M | 18.73M | 5.42M | 4.73M | 630.76K | 1.35M |
| Cash, Cash Equivalents and Short-Term Investments | 7.36M | 12.44M | 47.35K | 20.66K | 330.68K | 1.13M |
| Total Debt | 0 | 0 | 139.45K | 248.69K | 0 | 0 |
| Total Liabilities | 806.32K | 544.02K | 865.72K | 448.18K | 85.07K | 68.41K |
| Stockholders Equity | 13.80M | 18.19M | 4.55M | 4.28M | 545.69K | 1.28M |
Cash Flow | ||||||
| Free Cash Flow | -9.46M | -6.42M | -2.03M | -1.27M | -724.68K | -553.32K |
| Operating Cash Flow | -9.07M | -6.17M | -1.72M | -1.27M | -724.68K | -553.32K |
| Investing Cash Flow | -605.23K | -775.51K | -202.83K | -421.08K | 0 | 0 |
| Financing Cash Flow | 16.80M | 19.43M | 1.98M | 1.38M | -64.39K | 1.66M |
Quimbaya Gold Inc Technical Analysis
Price Trends
Market Momentum
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 0.24 is below the 20-day moving average (MA) of 0.29, below the 50-day MA of 0.32, and below the 200-day MA of 0.33, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 40.47 is Neutral, neither overbought nor oversold. The STOCH value of 53.52 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
Overall Rating
TSE:WG48Neutral
TSE:VAU47Neutral
TSE:GRC43Neutral
TSE:FFOX42Neutral- TSE:QIM39Underperform
TSE:OMM37Underperform
Financial Indicators
| 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:WG | 48Neutral | CAD 38.81M | -15.87 | -13.00% | ― | ― | 8.04% |
| TSE:VAU | 47Neutral | CAD 39.39M | -8.60 | -108.33% | ― | ― | -3.88% |
| TSE:GRC | 43Neutral | CAD 13.59M | -16.27 | -2.65% | ― | ― | 0.00% |
| TSE:FFOX | 42Neutral | CAD 23.74M | -1.69 | -173.75% | ― | ― | -267.10% |
| TSE:QIM | 39Underperform | CAD 20.21M | -1.27 | -90.81% | ― | ― | -66.31% |
| TSE:OMM | 37Underperform | CAD 12.05M | -6.08 | -36.04% | ― | ― | 42.64% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:QIM | Quimbaya Gold Inc | 0.24 | -0.38 | -61.29% | |
| TSE:OMM | Omineca Mining and Metals | 0.04 | -0.01 | -25.00% | |
| TSE:GRC | Gold Springs Resource Corp | 0.05 | -0.04 | -43.53% | |
| TSE:VAU | Viva Gold Corp | 0.18 | 0.02 | 12.12% | |
| TSE:FFOX | Firefox Gold Corp. | 0.47 | -0.23 | -33.10% | |
| TSE:WG | Westward Gold Inc | 0.17 | 0.02 | 10.00% |
Quimbaya Gold Inc Corporate Events
Quimbaya Gold Boosts Tahami Project Land Position by 37% in Segovia District
PositiveQuimbaya Gold Inc. has expanded the land position of its flagship Tahami Project in Colombia’s Segovia district by approximately 37% in 2026, increasing its holdings from 31,650 hectares to 43,496 hectares through ten new mineral applications c...
Quimbaya Gold Confirms Large Porphyry System at Tahami Center in Colombia
NeutralQuimbaya Gold Inc. has confirmed the presence of a large copper-molybdenum porphyry system at its Tahami Center prospect in Colombia’s Segovia gold belt, following assay results from the first six drill holes totaling 2,928 meters. All holes in...
Quimbaya Gold Launches Phase 2 Drilling at Tahami South as Dual-Target Exploration Advances
PositiveQuimbaya Gold Inc. has mobilized an additional diamond drill rig to its Tahami South gold and silver project in Colombia and begun Phase 2 drilling on the S and V vein systems. This program runs alongside ongoing drilling at the Tahami Center copper-...
Quimbaya Gold strengthens board, moves to formalize artisanal mining in Colombia
PositiveQuimbaya Gold Inc. has appointed Toronto capital markets and mining lawyer Peter Simeon to its board of directors, further strengthening its governance as it advances drilling on two targets at the Tahami Project in Colombia. Simeon, a partner at Gow...
Quimbaya Gold Confirms Copper-Molybdenum Porphyry System at Tahami Center
PositiveQuimbaya Gold Inc. has completed six drill holes totaling 2,927.9 meters in its initial program at Tahami Center in Colombia, confirming the presence of a copper-molybdenum porphyry system across all holes. The work is part of a planned 5,000-meter c...
Quimbaya Gold Moves to Monetize Berrio Asset and Refocus on Flagship Tahami Project
PositiveQuimbaya Gold Inc. has granted 37 Capital Inc. an exclusive 12-month option to acquire 100% of its non-core Berrio project in Antioquia, Colombia, for up to US$3.75 million in cash and shares. The Berrio asset is held via Golden Pacifico Exploration...
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: Oct 28, 2026