Quebec Innovative Materials Corp. (QIMC) Financials
CSE: QIMC · Hydrogen, Silica · Exploration stage
- Market cap$47.0M
- Share price$0.380
- 52-week range$0.350 – $2.37
- Shares outstanding123,704,001
- ExchangeCSE
- Properties8
- Websiteqimaterials.com
Québec Innovative Materials Corp. is a mineral exploration, and development company dedicated to exploring and harnessing the potential of Canada’s abundant resources. With properties in Ontario and Québec, QIMC is focused on specializing in the exploration of white (natural) hydrogen and high-grade silica deposits, QIMC is committed to sustainable practices and innovation. With a focus on environmental stewardship and cutting-edge extraction technology, we aim to unlock the full potential of these materials to drive forward clean energy solutions to power the AI and carbon-neutral economy and contribute to a more sustainable future.
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Quebec Innovative Materials Corp. financial statements
Key figures read from 1 of 1 financial statement filing, Aug 24, 2023 to Aug 24, 2023. Each column is the period as the company first filed it.
Balance sheet: quarterly key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Jun 2023 | Sep 2022 | |
|---|---|---|
| Cash and equivalents | C$1,149,134 | C$1,365,455 |
| Total assets | C$1,229,026 | C$1,488,626 |
| Total liabilities | C$273,782 | C$260,904 |
| Shareholders' equity | C$955,244 | C$1,227,720 |
Income statement: quarterly key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Jun 2023 | Jun 2022 | |
|---|---|---|
| Exploration and evaluation expense | C$213,964 | C$183,916 |
| General and administrative | C$49,087 | C$30,271 |
| Share-based compensation | C$0 | C$44,300 |
| Net income (loss) | (C$291,653) | (C$209,476) |
Cash flow statement: quarterly key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Jun 2023 | Jun 2022 | |
|---|---|---|
| Operating cash flow | (C$1,067,990) | (C$754,611) |
| Financing cash flow | C$851,669 | C$1,764,719 |
| Change in cash | (C$216,321) | C$1,010,108 |
| Cash at end of period | C$1,149,134 | C$1,695,251 |
No financings are on record for Quebec Innovative Materials Corp. yet.
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