Quartz Mountain Resources (QZM) AI Stock Analysis

125 Followers

Quartz Mountain Resources

(TSXV:QZM)

Select Model

Rating:43Neutral

Price Target:CAD 0.48▲(38.00% Upside)

Action:reiterated

Date:08/21/26

The score is primarily held down by weak financial performance—no revenue, expanding losses, and increasing cash burn that implies continued reliance on external funding. Technicals add only modest support (some near-term momentum but a longer-term downtrend and overbought signal), while valuation remains unattractive/unclear due to ongoing losses and no indicated yield.

Positive Factors

Very Low LeverageMinimal debt reduces solvency pressure and interest-related cash demands. This gives the company more financial flexibility than a similarly unprofitable developer carrying substantial leverage.

Negative Factors

No Revenue GenerationThe absence of revenue leaves the business without operating support for exploration, development, or corporate costs. Until commercial revenue emerges, financial progress remains dependent on funding and asset advancement.

Quartz Mountain Resources (QZM) vs. iShares MSCI Canada ETF (EWC)

Market Cap: CAD 27.60M
Dividend Yield: ―
Average Volume (3M): 17.51K
Price to Earnings (P/E): -12.2
Beta (1Y): 1.13
Revenue Growth: ―
EPS Growth: -47.46%
Country: Canada
Employees: 0
Sector: General
Sector Strength: 55
Industry: Industrial Materials

Quartz Mountain Resources Business Overview & Revenue Model

Company Description

Quartz Mountain Resources Ltd. is a mineral exploration enterprise primarily focused on discovering deposits of gold, silver, and copper within British Columbia, Canada. The company wholly owns the Maestro property, which encompasses ten mineral clai...

Quartz Mountain Resources Financial Statement Overview

Summary

Overall financial quality is weak: the company remains pre-revenue with widening losses (net loss to ~$3.88M TTM) and deteriorating cash burn (operating cash flow about -$3.44M TTM; consistently negative free cash flow). The main offset is a conservatively levered balance sheet (debt-to-equity ~0.002 TTM), which reduces near-term solvency risk but does not solve the lack of operating support.

Income Statement

6Very Negative

Balance Sheet

58Neutral

Cash Flow

12Very Negative

Financial statement breakdown
Breakdown	TTM	Oct 2025	Oct 2024	Oct 2023	Oct 2022	Oct 2021
Income Statement
Total Revenue	0	0	0	0	0	0
Gross Profit	-9,895	-9,895	-9,895	-9,895	-9,895	-2,474
EBITDA	-3.87M	-3.46M	-2.48M	-895.09K	-979.15K	-226.29K
Net Income	-3.88M	-3.47M	-2.44M	-910.43K	-997.85K	-116.42K
Balance Sheet
Total Assets	4.75M	4.19M	3.01M	863.60K	842.55K	598.56K
Cash, Cash Equivalents and Short-Term Investments	3.63M	3.10M	1.91M	97.47K	321.79K	206.44K
Total Debt	3,492	10.17K	22.39K	32.75K	41.33K	48.80K
Total Liabilities	170.17K	281.44K	333.04K	72.90K	332.29K	135.04K
Stockholders Equity	4.58M	3.91M	2.68M	790.70K	510.26K	463.51K
Cash Flow
Free Cash Flow	-3.48M	-3.09M	-2.37M	-773.78K	-520.68K	-407.11K
Operating Cash Flow	-3.44M	-3.05M	-2.34M	-523.78K	-445.68K	-277.11K
Investing Cash Flow	24.83K	-41.00K	-7,911	-237.59K	-71.64K	47.77K
Financing Cash Flow	5.78M	4.26M	4.15M	537.04K	632.66K	229.25K

Quartz Mountain Resources Technical Analysis

Technical Analysis SentimentNegative

Last Price0.35

Price Trends

50DMA0.40Negative

100DMA0.42Negative

200DMA0.58Negative

Market Momentum

MACD-0.01Negative

RSI43.48Neutral

STOCH55.07Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:QZM, the sentiment is Negative. The current price of 0.35 is below the 20-day moving average (MA) of 0.37, below the 50-day MA of 0.40, and below the 200-day MA of 0.58, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 43.48 is Neutral, neither overbought nor oversold. The STOCH value of 55.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:QZM.

Quartz Mountain Resources Risk Analysis

Quartz Mountain Resources disclosed 1 risk factors in its most recent earnings report. Quartz Mountain Resources reported the most risks in the "Legal & Regulatory" category.

Legal & Regulatory - Litigation, compliance, new legislation, and taxation risks

Latest Risks Added

0 New Risks

Quartz Mountain Resources Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TSE:QZM against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TSE:GMA	47Neutral	CAD 35.10M	68.97	5.99%	―	―	―
TSE:MD	44Neutral	CAD 37.44M	-14.69	-4.99%	―	104.17%	-35.90%
TSE:QZM	43Neutral	CAD 28.39M	-12.24	-49.47%	―	―	-47.46%
TSE:FT	42Neutral	CAD 56.96M	-6.91	80.32%	―	―	-38.20%
TSE:LCE	39Underperform	CAD 40.27M	-14.63	-4.21%	―	―	6.37%

* General Sector Average

Performance Comparison

TSE:QZM and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:QZM	Quartz Mountain Resources	0.35	-0.17	-32.69%
TSE:LCE	Century Lithium Corp	0.21	-0.05	-17.31%
TSE:FT	Fortune Minerals	0.09	-0.00	-5.56%
TSE:GMA	Geomega Resources	0.20	-0.07	-25.93%
TSE:MD	Midland Exploration	0.31	-0.14	-31.11%

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: Aug 21, 2026

Quartz Mountain Resources AI Stock Analysis