QC Copper and Gold Inc
XXIX Metal Corp. engages in the exploration, development, and production of mineral properties in Canada. It explores for copper and gold deposits. The company was formerly known as QC Copper and Gold Inc. and changed its name to XXIX Metal Corp. in December 2024. XXIX Metal Corp. was incorporated in 2018 and is headquartered in Toronto, Canada.
QC Copper and Gold Inc - Asset Resilience Ratio
QC Copper and Gold Inc (QCCUF) has an Asset Resilience Ratio of 20.94% as of April 2025. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2021–2024)
This chart shows how QC Copper and Gold Inc's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down QC Copper and Gold Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $1.43 Million | 20.94% |
| Total Liquid Assets | $1.43 Million | 20.94% |
Asset Resilience Insights
- Good Liquidity Position: QC Copper and Gold Inc maintains a healthy 20.94% of assets in liquid form.
- This level provides good financial flexibility while maintaining productive asset deployment.
- The company has significant short-term investments, indicating active treasury management.
QC Copper and Gold Inc Industry Peers by Asset Resilience Ratio
Compare QC Copper and Gold Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Tongling Nonferrous Metals Group Co Ltd
SHE:000630 |
Copper | 0.44% |
|
North Copper Shanxi Co Ltd
SHE:000737 |
Copper | 0.13% |
|
Yunnan Copper Co Ltd
SHE:000878 |
Copper | 0.34% |
|
Zhejiang Hailiang Co Ltd
SHE:002203 |
Copper | 0.03% |
|
Poongsan Holdi
KO:005810 |
Copper | 0.19% |
|
First Copper Technology Co Ltd
TW:2009 |
Copper | 1.85% |
|
Nanjing Hanrui Cobalt Co Ltd
SHE:300618 |
Copper | 0.00% |
|
Jiangyin Electrical Alloy Co Ltd
SHE:300697 |
Copper | 0.25% |
Annual Asset Resilience Ratio for QC Copper and Gold Inc (2021–2024)
The table below shows the annual Asset Resilience Ratio data for QC Copper and Gold Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-10-31 | 27.43% | $2.26 Million | $8.24 Million | -8.39pp |
| 2023-10-31 | 35.82% | $4.44 Million | $12.38 Million | -2.99pp |
| 2022-10-31 | 38.82% | $6.54 Million | $16.84 Million | -- |
| 2021-10-31 | 0.00% | $0.00 | $20.73 Million | -- |