Added to YB: 2026-08-12
Pitch date: 2026-08-10
MQM.V [bullish]
MetalQuest Mining Inc.
Author Info
No bio for this author
Company Info
MetalQuest Mining Inc., an exploration stage company, engages in the acquisition, exploration, and development mineral properties in Canada.
Market Cap
CAD 8.3M
Pitch Price
CAD 0.18
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
4.06
EV/Sales
N/A
Sector
Metals and Mining
Category
value
MetalQuest Mining high-purity iron in Quebec
MQM.V: Micro-cap ($6.5M EV, 49M shares) owns 100% of Lac Otelnuk, N.America's largest iron ore project (2015 BFS: C$7.2B NPV, 13% IRR at US$110/t). Cash + CCI stake + 1% NSRs (~C$8.8M est) exceed EV, so Lac Otelnuk + Ring of Fire props are free. Thesis: CEO Barr (28%, 43 deals) sells majority stake to Japanese traders for free-carry (NPV >C$100M). Green-steel demand + high-purity Fe. Risks: ~C$20B capex, mid-2030s first output, needs partner.
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