Copper Quest Exploration Inc. (CQX) Financials
CSE: CQX · Copper · Advanced Exploration stage
- Market cap$6.5M
- Share price$0.050
- 52-week range$0.050 – $0.200
- Shares outstanding130,902,715
- ExchangeCSE
- Properties8
- Websitecopper.quest
Copper Quest Exploration Inc. ("Copper Quest" or the "Company") is focused on building shareholder value through the exploration and development of its North American Critical Mineral portfolio of assets. The company's land holdings comprise 8 projects that span over 46,000 hectares in great mining jurisdictions of Canada and the USA. Copper Quest is committed to building shareholder value through acquisitions, discovery-driven exploration, and responsible development of its North American portfolio of assets.
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Copper Quest Exploration Inc. financial statements
Key figures read from 8 of 8 financial statement filings, Nov 21, 2019 to Aug 31, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$2,049,852 | C$221,929 | C$58,252 | C$490,825 | C$907,658 |
| Total current assets | C$0 | C$25,000 | C$91,258* | C$682,503* | C$1,163,147* |
| Exploration and evaluation assets | — | — | C$5,966,547 | C$5,817,265 | C$3,804,195 |
| Total assets | C$2,384,760 | C$702,898 | C$6,082,805 | C$6,524,768 | C$4,977,342 |
| Total liabilities | C$496,535 | C$586,236 | C$41,066 | C$100,810 | C$13,914 |
| Shareholders' equity | C$1,888,225 | C$116,662 | C$6,041,739 | C$6,423,958 | C$4,963,428 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2022 | FY Dec 2021 | FY Dec 2020 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$3,141,466 | C$2,004,196 | — | — | — |
| General and administrative | C$47,547 | C$387,415 | C$206,856 | C$332,369 | C$271,549 |
| Share-based compensation | C$604,460 | C$307,110 | (C$149,444) | C$750,993 | C$707,909 |
| Net income (loss) | (C$4,449,906) | (C$3,485,637) | (C$360,975) | (C$169,671) | — |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2022 | FY Dec 2021 | FY Dec 2020 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$1,137,673) | (C$2,152,602) | (C$411,491) | (C$924,653) | (C$2,457,757) |
| Investing cash flow | (C$50,000) | C$0 | (C$131,082) | (C$2,345,666) | (C$757,056) |
| Financing cash flow | C$3,015,663 | C$1,050,155 | C$110,000 | C$2,853,486 | C$4,120,702 |
| Exploration spending (capitalized) | (C$75,000) | C$0 | (C$131,082) | (C$2,330,666) | (C$943,030) |
| Proceeds from share issues | C$2,845,663 | C$1,050,155 | C$110,000 | C$2,793,486 | C$4,120,702 |
| Change in cash | C$1,827,923 | (C$1,015,626) | (C$432,573) | (C$416,833) | C$905,889 |
| Cash at end of period | C$2,049,852 | C$221,929 | C$58,252 | C$490,825 | C$907,658 |
No financings are on record for Copper Quest Exploration Inc. yet.
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