Queen's Road Capital Investment Ltd. (T:QRC)
Business Focus: Investment Holding Companies (NEC)
Mixed as of April 01, 2024
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Insider Filings
Latest 10 SEDI filings for QRC within the last 6 months
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Company News
Feb 22, 2024 07:00 ET
Queen's Road Capital Announces Completion of Wyloo Exit as a QRC Shareholder
Hong Kong, Hong Kong--(Newsfile Corp. - February 22, 2024) - Queen's Road Capital Investment Ltd. (TSX: QRC) (the "Company" or "QRC") is pleased to announce that, further to the press release dated February 6, 2024, Wyloo Metals Pty Ltd. ("Wyloo") has now completed the sale of all of its shares in QRC to a group of non-Canadian investors. QRC would like to thank current shareholders that have participated in the transaction as well as welcome new shareholders to the Company.
Feb 06, 2024 07:00 ET
Queen's Road Capital Announces Sale of All QRC Shares Owned by Wyloo
Hong Kong, Hong Kong--(Newsfile Corp. - February 6, 2024) - Queen's Road Capital Investment Ltd. (TSX: QRC) (the "Company" or "QRC") is pleased to announce that it has received notice from Wyloo Metals Pty Ltd. ("Wyloo") that Wyloo has entered into binding agreements with a group of non-Canadian investors. The investors have agreed to purchase 107,770,605 common shares of QRC, representing 100% of the QRC shares owned by Wyloo (the "Wyloo Sale").
Valuation Ratios
Industry
Sector
Beta
1.37
--
--
Price to Sales - TTM
4.05
3.32
4.92
Price to Book - most recent quarter
1.05
0.80
1.61
Price to Cash Flow per share - TTM
4.27
4.27
8.80
Price to Free Cash Flow per share - TTM
86.82
55.09
20.56
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Mar 31, 2024 | 265 | -66,806 |
| Mar 15, 2024 | 67,071 | 59,408 |
| Feb 29, 2024 | 7,663 | -4,682 |
Business Summary
| Sector: Financials | Industry: Investment Holding Companies |
Queen's Road Capital Investment Ltd is a financier to the global resource sector. The Company is a resource-focused investment company, making investments in privately held and publicly traded resource companies. The Company acquires and hold securities for both long-term capital appreciation and short-term gains, with a focus on convertible debt securities and resource projects in development or production located in safe jurisdictions.
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