Download PDF

1. Company Snapshot

1.a. Company Description

Queen's Road Capital Investment Ltd., a resource focused investment company, invests in privately held and publicly traded resource companies.It acquires and holds securities of long-term capital appreciation with a focus on convertible debt securities and resource projects.The company was formerly known as Lithion Energy Corp.


and changed its name to Queen's Road Capital Investment Ltd.in January 2020.Queen's Road Capital Investment Ltd.


was incorporated in 2011 and is headquartered in Central, Hong Kong.

Show Full description

1.b. Last Insights on QRC

Queen's Road Capital Investment Ltd.'s recent performance was driven by strategic investments and acquisitions. The company acquired a convertible debenture of ATHA Energy Corp. in February 2026, investing US$25,000,000, which is convertible into 40,152,941 ATHA shares. Additionally, ATHA Energy closed $63 million in financings from Queen's Road Capital Investment & a flow-through offering. These investments demonstrate the company's growth strategy and potential for future returns. The AGM results in January 2026 also showed strong shareholder support.

1.c. Company Highlights

2. Transcript Summary

Unfortunately this company is not part of our coverage yet. But as part of your subscription plan you can request it by clicking just below and we'll process.

Request Coverage

3. NewsRoom

Card image cap

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

Feb -06

Source:

Card image cap

ATHA Energy Closes $63 Million In Financings From Queens Road Capital Investment & Flow Through Offering

Feb -05

Source:

Card image cap

ATHA Energy Announces Upsizing of Convertible Debenture Financing to USD$25 Million

Jan -22

Source:

Card image cap

ATHA Energy Announces USD$20 Million Convertible Debenture Financing

Jan -13

Source:

Card image cap

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

Jan -13

Source:

Card image cap

Undiscovered Gems In Canada To Explore This January 2026

Jan -12

Source:

Card image cap

Queen's Road Capital AGM Results

Jan -10

Source:

Card image cap

Undiscovered Canadian Gems with Potential In January 2026

Jan -09

Source:

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (12.50%)

6. Segments

Investment and Related Activities

Expected Growth: 12.5%

Queen's Road Capital Investment Ltd's diversified investment portfolio, strategic partnerships, and financing solutions drive growth. Increasing demand for alternative investments, expanding private equity markets, and growing need for financing solutions fuel growth.

7. Detailed Products

Mining Royalty

Queen's Road Capital Investment Ltd. offers mining royalty investments, providing investors with a unique opportunity to participate in the mining industry without directly owning mines.

Streaming Agreements

The company provides streaming agreements, allowing mining companies to access capital in exchange for a percentage of their future production.

Private Equity Investments

Queen's Road Capital Investment Ltd. offers private equity investments in mining companies, providing capital for growth and development.

Royalty Financing

The company provides royalty financing options for mining companies, offering an alternative to traditional debt financing.

Asset-Based Financing

Queen's Road Capital Investment Ltd. offers asset-based financing options, using mining assets as collateral for loans.

8. Queen's Road Capital Investment Ltd.'s Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for Queen's Road Capital Investment Ltd. is medium due to the presence of alternative investment options for clients.

Bargaining Power Of Customers

The bargaining power of customers is high due to the ability of clients to choose from a range of investment options and negotiate prices.

Bargaining Power Of Suppliers

The bargaining power of suppliers is low due to the company's ability to negotiate prices and terms with its suppliers.

Threat Of New Entrants

The threat of new entrants is medium due to the presence of barriers to entry, such as regulatory requirements and capital requirements.

Intensity Of Rivalry

The intensity of rivalry is high due to the presence of established competitors in the investment industry, leading to a competitive market.

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 0.13%
Debt Cost 6.30%
Equity Weight 99.87%
Equity Cost 10.63%
WACC 10.63%
Leverage 0.13%

11. Quality Control: Queen's Road Capital Investment Ltd. passed 6 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Queen's Road Capital Investment

A-Score: 7.8/10

Value: 4.3

Growth: 8.2

Quality: 9.1

Yield: 5.8

Momentum: 9.0

Volatility: 10.0

1-Year Total Return ->

View Full Report
Stock-Card
Hercules Capital

A-Score: 7.1/10

Value: 5.7

Growth: 3.4

Quality: 8.8

Yield: 10.0

Momentum: 5.0

Volatility: 9.7

1-Year Total Return ->

View Full Report
Stock-Card
Main Street Capital

A-Score: 7.1/10

Value: 4.6

Growth: 5.9

Quality: 6.7

Yield: 9.0

Momentum: 7.0

Volatility: 9.3

1-Year Total Return ->

View Full Report
Stock-Card
Golub Capital BDC

A-Score: 7.0/10

Value: 6.4

Growth: 6.0

Quality: 6.6

Yield: 10.0

Momentum: 3.0

Volatility: 10.0

1-Year Total Return ->

View Full Report
Stock-Card
Corebridge Financial

A-Score: 6.1/10

Value: 7.5

Growth: 4.6

Quality: 5.8

Yield: 8.0

Momentum: 4.0

Volatility: 6.7

1-Year Total Return ->

View Full Report
Stock-Card
AMTD IDEA

A-Score: 5.2/10

Value: 8.8

Growth: 2.3

Quality: 6.8

Yield: 0.0

Momentum: 5.5

Volatility: 7.7

1-Year Total Return ->

View Full Report

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

13.7$

Current Price

13.7$

Potential

-0.00%

Expected Cash-Flows