Last C$0.16 CAD
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Volume 11.6K
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As of 11:19 AM 11/27/14 All times are local (Market data is delayed by at least 15 minutes).

quest rare minerals ltd (QRM) Snapshot

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03/6/14 - C$0.77
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quest rare minerals ltd (QRM) Details

Quest Rare Minerals Ltd. identifies and discovers rare earth deposits in Canada. Its flagship property includes the Strange Lake rare earth deposit comprising 504 claims covering an area of approximately 22,479 hectares, located in northeastern Québec. The company was formerly known as Quest Uranium Corporation and changed its name to Quest Rare Minerals Ltd. in April 2010. Quest Rare Minerals Ltd. was incorporated in 2007 and is headquartered in Montreal, Canada.

Founded in 2007

quest rare minerals ltd (QRM) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$265.0K
Chief Financial Officer
Total Annual Compensation: C$140.0K
Vice President of Operations
Total Annual Compensation: C$118.5K
Compensation as of Fiscal Year 2013.

quest rare minerals ltd (QRM) Key Developments

Quest Rare Minerals Ltd. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended July 31, 2014

Quest Rare Minerals Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended July 31, 2014. For the period, the company reported operating loss of CAD 696,691 compared to CAD 1,256,085 a year ago. Net loss and comprehensive loss was CAD 725,047 or CAD 0.01 per basic and diluted share compared to CAD 1,178,527 or CAD 0.02 per basic and diluted share a year ago. For nine months, the company reported operating loss of CAD 2,492,270 compared to CAD 3,341,940 a year ago. Net loss and comprehensive loss was CAD 2,408,670 or CAD 0.04 per basic and diluted share compared to CAD 3,147,639 or CAD 0.05 per basic and diluted share a year ago. Net cash flows used in operating activities was CAD 3,064,843 compared to CAD 1,838,365 a year ago. Investment in exploration and evaluation assets was of CAD 7,140,327 compared to CAD 19,382,746 a year ago.

Quest Rare Minerals Ltd. Announces Change of Chairman

Quest Rare Minerals Ltd. announced that its Board of Directors has appointed Pierre Lortie as Chairman of the Board. The appointment of Pierre Lortie follows the resignation of Robert L. Leclerc as Chairman of the Board and as a director of Quest, for personal reasons. Pierre Lortie is a Senior Business Advisor at Dentons. He is a director of Element Financial Corporation, Canam Group Inc., and Lamêlée Iron Ore Ltd.

Quest Rare Minerals Ltd. Announces Production Update

Quest Rare Minerals Ltd. announced greatly improved production of a high purity rare earth and yttrium oxide concentrate from its new and substantially improved process flowsheet. The mixed rare earth oxide was produced as part of Quest's ongoing metallurgical testing program at SGS Mineral Services ­ Lakefield site (SGS), and represents the successful completion of the majority of the bench scale testing for the improved process. The analysis was confirmed by a highly reputed third party laboratory, Activation Laboratories Ltd. The mixed oxide contained 98.4% total rare earth oxide (TREO), of which approximately 37% is heavy rare earth oxide (HREO).


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