FAN
FIRST ATLANTIC NICKEL & COBALT CORP
stock CVE

Honestly feel like QIMC is a little beat down more than they should be. I look at ev/acre and market cap/cash for the sector in Canada, and QIMC is getting treated today the way it should have been back at 2 bucks, imo.
MAX makes up most of the hydrogen acres in the country, so they end up setting a bit of a baseline for acres over all with a mode of 220ish but an average over the companies of \~$1100/acre (yikes). REVX, QIMC, and FAN have all had periods of getting many thousands per acre, which I really can't call a fair buy yet anywhere in the sector. But maybe the cost / acre spread is too large to be useful (27-3800 over 8 different sets is... rough) so we look at cash.
For the sector overall you're looking at 10:1 ish for market cap to cash, and QIMC is bringing that average down now. So neither their acres nor their cash is 'cheap' right now, I'd put it closer to 'fair'. Anything below 50 is, imo, getting into the cheap seats.
The cheap seats in hydrogen remain in HDRO.
Disclaimer: yolo full port max power holder since summer 2024 (brap brap).
https://preview.redd.it/w2hu10o8qpch1.png?width=1141&format=png&auto=webp&s=78506c508eeaa0a4176e7cc4079d432accf51c04

Honestly feel like QIMC is a little beat down more than they should be. I look at ev/acre and market cap/cash for the sector in Canada, and QIMC is getting treated today the way it should have been back at 2 bucks, imo.
MAX makes up most of the hydrogen acres in the country, so they end up setting a bit of a baseline for acres over all with a mode of 220ish but an average over the companies of \~$1100/acre (yikes). REVX, QIMC, and FAN have all had periods of getting many thousands per acre, which I really can't call a fair buy yet anywhere in the sector. But maybe the cost / acre spread is too large to be useful (27-3800 over 8 different sets is... rough) so we look at cash.
For the sector overall you're looking at 10:1 ish for market cap to cash, and QIMC is bringing that average down now. So neither their acres nor their cash is 'cheap' right now, I'd put it closer to 'fair'. Anything below 50 is, imo, getting into the cheap seats.
The cheap seats in hydrogen remain in HDRO.
Disclaimer: yolo full port max power holder since summer 2024 (brap brap).
https://preview.redd.it/w2hu10o8qpch1.png?width=1141&format=png&auto=webp&s=78506c508eeaa0a4176e7cc4079d432accf51c04