GoldQuest Mining Corp (GQC) Financings
TSXV: GQC · Gold, Copper · Development stage
- Market cap$280.6M
- Share price$0.730
- 52-week range$0.375 – $2.70
- Shares outstanding384,424,396
- ExchangeTSXV
- Websitegoldquestcorp.com
GoldQuest Mining Corp. is a Canadian exploration and development company with strong participation from Dominican investors, focused on advancing its gold and copper assets in the Dominican Republic. The Company has a Board of Directors and management team with prior experience developing and operating a mine in the country.
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GoldQuest Mining Corp financial statements
Key figures read from 40 of 40 financial statement filings, Nov 23, 2016 to Aug 31, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$56,068,710 | C$15,299,236 | C$9,398,893 | C$11,796,562 | C$14,052,296 |
| Total current assets | C$656,441 | C$45,042 | C$85,536 | C$64,219 | C$89,647 |
| Property, plant and equipment | C$656,440 | C$45,041 | C$61,535 | C$41,718 | C$58,146 |
| Total assets | C$57,253,488 | C$15,543,510 | C$9,727,125 | C$12,082,157 | C$14,271,587 |
| Total liabilities | C$3,496,385 | C$154,963 | C$155,173 | C$140,719 | C$155,718 |
| Shareholders' equity | C$53,757,103 | C$15,388,547 | C$9,571,952 | C$11,941,438 | C$14,115,869 |
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$7,270,962 | C$1,226,287 | C$1,303,774 | C$848,435 | C$285,820 |
| General and administrative | C$468,263 | C$267,818 | C$261,165 | C$207,671 | C$206,339 |
| Share-based compensation | C$2,304,418 | C$101,404 | C$212,358 | C$543,867 | C$953,019 |
| Net income (loss) | (C$11,948,276) | (C$2,694,507) | (C$2,583,344) | (C$2,709,298) | (C$2,395,521) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$8,153,604) | (C$2,533,355) | (C$2,352,985) | (C$2,247,897) | (C$1,533,992) |
| Investing cash flow | (C$631,260) | C$18,600 | (C$44,684) | (C$7,837) | C$0 |
| Financing cash flow | C$49,554,338 | C$8,415,098 | — | — | C$0 |
| Property, plant and equipment spending | (C$631,260) | C$0 | (C$44,684) | (C$7,837) | C$0 |
| Proceeds from share issues | — | — | — | — | C$0 |
| Change in cash | C$40,769,474 | C$5,900,343 | (C$2,397,669) | (C$2,255,734) | (C$1,533,992) |
| Cash at end of period | C$56,068,710 | C$15,299,236 | C$9,398,893 | C$11,796,562 | C$14,052,296 |
GoldQuest Mining Corp financings
1 financing announced or closed by GoldQuest Mining Corp, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2025-12-16 | GoldQuest Mining Corp (GQC) | Private placement, non-brokered | Closed, 3 tranches | $42.0M | $1.21 | GoldQuest Announces C$30 Million Private Placement |