Queen's Road Capital Investment Ltd.

Queen's Road Capital Investment Ltd.

13.81
CAD
-0.18
(-1.29%)
6.06EPS
2.28P/E
771.67MMarket Cap
Nov 24Next Earn
Queen's Road Capital Investment Ltd.
TSX:QRC
(Toronto Stock Exchange)

Recent

price

13.81

P/E

ratio

2.28

div

yld

0.50%

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
USD
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
2.57
0.23
0.23
0.52
0.47
0.6
Revenue per Share
-54.31
-3.86
-2.73
-1.61
-12.55
-0.55
0.6
-0.05
-0.22
0.3
2.42
-0.1
0.1
0.4
2.36
4.55
Basic EPS, GAAP
-24.97
-2.69
-1.45
-1.39
-0.65
-0.1
-0.23
-0.05
-0.05
-0.18
0.02
0.02
0.08
0.16
0.17
0.17
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.02
0.01
0.07
0.03
0.05
Dividend per Share
34.17
27.36
21.37
18.53
-0.3
-0.51
0.51
0.44
0.28
2.87
5.38
5.21
5.24
5.49
7.58
10.11
Book Value per Share
34.17
27.36
21.37
18.53
-0.3
-0.51
0.51
0.44
0.28
2.87
5.38
5.21
5.24
5.49
7.58
10.11
Tangible Book Value per Share
- -
1
1
1
1
1
2
3
3
17
28
37
45
45
49
51
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
17
71
9
10
24
23
31
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
43.52
93.82
-28.52
45.36
83.84
510.27
759.71
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
-2
-3
-2
-1
-11
-1
1
- -
-1
5
67
-3
4
18
115
231
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
2.81
0.16
- -
0.02
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
29.82
93.88
-40.94
42.2
75.74
502.97
753.27
Profit Margin (%)
- -
6
3
- -
-1
-1
1
1
1
25
3
34
15
-29
-24
-26
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
14
22
17
15
- -
-1
1
1
1
80
149
231
236
250
379
546
Total Equity
- -
- -
- -
- -
- -
- -
324.67
- -
- -
17.8
58.59
- -
1.94
7.69
- -
51.84
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
313.17
- -
- -
12.67
58.63
- -
1.86
7.66
- -
51.81
Return on Capital (%)
- -
-16.71
-11.22
-8.09
- -
- -
- -
-10.91
-59.06
12.67
58.63
-1.83
1.86
7.42
36.6
55.01
Return on Common Equity (%)

Capital Structure

USD

•

in mil. unless spec.
Nov'26
Feb'26
May'26
ST Debt
39
53
32
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
51
51
54
Market Capitalization
326
527
559

Working Capital

USD

•

in mil. unless spec.
Nov'26
Feb'26
May'26
Total Current Assets
14
5
11
Cash, Cash Equivalents & STI
9
1
6
Accounts Receivable, Net
5
3
5
Inventories
- -
- -
- -
Total Current Liabilities
40
54
37
Payables & Accruals
1
1
6
ST Debt
39
53
32
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
693.46%
40.39%
51.57%
Free Cash Flow
253.17%
92.23%
13.16%
Net Income, GAAP
82.85%
346.9%
538.06%
Sales/Revenue/Turnover
- -
75.36%
-3.91%
Total Cash Common Dividend
- -
- -
-51.04%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
14
5
- -
4
24
2025
6
6
7
5
23
2026
12
7
7
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.69
0.37
0.66
-1.32
0.4
2025
1.27
-1.42
0.81
1.7
2.36
2026
1.36
2.72
-1.18
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
- -
- -
- -
0.07
2025
0.03
- -
- -
- -
0.03
2026
0.05
- -
- -
- -
- -
Business
Queen's Road Capital Investment Ltd. (TSX: QRC) is a resource-focused investment company that provides financing to the global resource sector through equity investments, convertible debt securities, and other funding arrangements targeting privately held and publicly traded resource companies. The company acquires and holds securities for long-term capital appreciation, with a primary emphasis on resource projects in advanced development or production stages located in safe jurisdictions; its portfolio includes investments in uranium developers such as NexGen Energy Ltd. (Arrow deposit, Saskatchewan, Canada) and IsoEnergy Ltd. (Hurricane Zone, Saskatchewan, Canada), gold developers like Contango ORE Inc. (Manh Choh deposit, Alaska, USA via Peak Gold LLC) and Challenger Exploration Ltd. (Hualilan gold project, Argentina), precious and base metals projects including Adriatic Metals Plc (Vares silver project, Bosnia & Herzegovina), copper projects such as Los Andes Copper Ltd. (Vizcachitas project, Chile) and Moxico Resources Plc (Mimbula copper mine, Zambia), and royalty/streaming companies like Gold Royalty Corp. (royalties on Canadian Malartic, Côté Gold, and REN projects). Queen's Road Capital Investment Ltd. operates globally with a focus on mining and resource extraction segments, serving resource companies as key customers across North America, South America, Europe, Africa, and Australia. Founded in 2019 as Lithion Energy Corp. and renamed following a continuance and change of business in early 2020, the company is headquartered in Hong Kong at Cheung Kong Centre, Suite 2006, 2 Queen's Road Central. Recent developments include the completion of Wyloo Metals Pty Ltd.'s full exit as a shareholder in February 2024 through sales to non-Canadian investors, continuation of its normal course issuer bid (NCIB) announced in November 2025 with purchases of approximately 257,756 shares under the 2024 program, reporting of US$115 million after-tax earnings in November 2025, a US$30 million investment in Gold Royalty Corp. in December 2023, and a US$70 million investment in NexGen Energy Ltd. in August 2023.

Company News

  • Queen's Road Capital Announces Closing of Upsized C$33.8 Million Private Placement

  • Queen's Road Capital Announces Maiden Interim Dividend Payment

  • Queen's Road Capital Announces Private Placement of C$23 Million

  • Queen's Road Capital Notes NexGen's Announcement

  • Queen's Road Capital Acquires Securities of ATHA Energy Corp.

  • Queen's Road Capital Announces Investment in ATHA Energy Corp.

  • Queen's Road Capital AGM Results

  • Queen's Road Capital Announces Continuation of the NCIB

  • Queen's Road Capital Announces US$115 Million After-Tax Earnings for Fiscal Year 2025

  • Queen's Road Capital Announces a 10% Increase in 5th Annual Dividend

  • Queen's Road Capital Provides Update on Portfolio

  • Queen's Road Capital AGM Results

  • Queen's Road Capital Announces Share Consolidation

  • Queen's Road Capital Announces Continuation of the NCIB

  • Queen's Road Capital Announces Increased Annual Dividend of C$0.021/share

  • Queen's Road Capital: After Three Years, Now It's Time To Revisit This Compelling Investment

  • Queen's Road Capital Announces Closing of Private Placement

  • Queen's Road Capital Announces Private Placement

  • Queen's Road Capital Announces US$50 Million Investment in Moxico Resources plc

  • Queen's Road Capital Announces Completion of Wyloo Exit as a QRC Shareholder