BTQ Technologies Corp. (BTQ)Technology | Software - Infrastructure | Vancouver, Canada | NasdaqGM
3.33 USD
-0.34
(-9.264%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 3.37 +0.04 (1.201%) ⇧ (Aug. 28, 2026, 7:56 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 1:19 a.m. EDT
The investment case here is fundamentally broken. The company is burning cash aggressively, with operating cash flow in the tens of millions of dollars negative and free cash flow also deeply in the red. This is compounded by a deteriorating balance sheet, indicated by a debt-to-equity ratio of over 6 and negative returns on both assets and equity. The market has already priced this reality in, driving the stock down significantly from its highs, yet the business lacks the profitability or cash generation to support a turnaround without massive capital infusion. Technically, the momentum is firmly against the stock. It is trading well below its 50-day and 200-day moving averages, confirming a sustained downtrend. The recent price action shows a lack of buying power to reverse this slide, with the stock struggling to hold above key support levels. There is no income component to consider, as the company has not issued dividends in recent years. While the news headlines tout ambitious quantum computing partnerships, these are speculative narratives that do not yet translate into revenue or profit. The combination of a cash-burning business, a distressed balance sheet, and a stock price that has lost nearly 80% of its value over the last year makes this a high-risk speculative vehicle rather than an investment opportunity. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.383031 |
| AutoARIMA | 0.384030 |
| AutoETS | 0.384166 |
| MSTL | 0.441609 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 30% |
| H-stat | 2.81 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.080 |
| Excess Kurtosis | -0.61 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 6.013 |
| Market Cap | 489,778,624 |
| Forward P/E | -30.75 |
| Beta | -15.37 |
| Previous Name | Sonora Gold & Silver Corp. |
| Website | https://www.btq.com |
As of Aug. 22, 2026, 1:19 a.m. EDT: Speculators are positioning for a continued decline, evidenced by heavy put open interest relative to calls across all expirations. The 'top OI' strikes for both calls and puts are concentrated at the $5.00 level, creating a dense wall of resistance and downside protection just above current prices. While there is some call volume at further out-of-the-money strikes ($7.50), the overwhelming majority of open interest sits in the money or slightly out-of-the-money on the downside side, suggesting a bearish bias where traders are betting against a bounce or preparing for further drops.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.36692017 |
| Address1 | 700 West Georgia Street |
| Address2 | 25th Floor, Suite 2500 |
| All Time High | 16.0 |
| All Time Low | 2.09 |
| Ask | 4.99 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 1,926,220 |
| Average Daily Volume3 Month | 3,148,909 |
| Average Volume | 3,148,909 |
| Average Volume10Days | 1,926,220 |
| Beta | -15.374 |
| Bid | 2.83 |
| Bid Size | 2 |
| Book Value | 0.09095814 |
| City | Vancouver |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | Canada |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 3.33 |
| Current Ratio | 1.935 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 3.63 |
| Day Low | 3.235 |
| Debt To Equity | 6.013 |
| Display Name | BTQ |
| Ebitda | -56,911,904 |
| Ebitda Margins | 0.0 |
| Enterprise To Ebitda | -8.453 |
| Enterprise Value | 481,070,464 |
| Eps Current Year | -0.275 |
| Eps Forward | -0.1082835 |
| Eps Trailing Twelve Months | -0.27 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 4.0088 |
| Fifty Day Average Change | -0.6788001 |
| Fifty Day Average Change Percent | -0.1693275 |
| Fifty Two Week Change Percent | -36.692017 |
| Fifty Two Week High | 16.0 |
| Fifty Two Week High Change | -12.67 |
| Fifty Two Week High Change Percent | -0.791875 |
| Fifty Two Week Low | 2.09 |
| Fifty Two Week Low Change | 1.24 |
| Fifty Two Week Low Change Percent | 0.5933015 |
| Fifty Two Week Range | 2.09 - 16.0 |
| Financial Currency | CAD |
| First Trade Date Milliseconds | 1,758,893,400,000 |
| Float Shares | 95,670,097 |
| Forward Eps | -0.1082835 |
| Forward P E | -30.752607 |
| Free Cashflow | -2,986,856 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -0.34 |
| Fullday Change Percent | -9.26431 |
| Fullday Price | 3.37 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.0 |
| Gross Profits | 0 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.35076 |
| Held Percent Institutions | 0.28465998 |
| Implied Shares Outstanding | 147,080,677 |
| Industry | Software - Infrastructure |
| Industry Disp | Software - Infrastructure |
| Industry Key | software-infrastructure |
| Ipo Expected Date | 2,025-09-26 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | BTQ Technologies Corp. engages in the development of computer-based technology related to post-quantum cryptography for applications in blockchain and related technologies in Canada, Taiwan, Australia, and the United States. The company's flagship hardware product is Quantum Compute-In-Memory, a quantum-secure compute-in-memory chip designed to implement fast, crypto-agile, energy-efficient post-quantum cryptography directly in silicon; Bitcoin Quantum, a permissionless, quantum-safe fork of Bitcoin that replaces Bitcoin's quantumvulnerable Elliptic Curve Digital Signature Algorithm ("ECDSA") with Module-Lattice Digital Signature Algorithm (ML-DSA); and QSSN, a quantum-secure validation and wallet infrastructure product designed to enable banks, payment providers, and digital asset platforms to issue and manage stablecoins with built-in protection against quantum-era cybersecurity threats. It has a strategic collaboration with Industrial Technology Research Institute to validate BTQ's Quantum Compute In Memory (QCIM) chip, which is designed to enable secure, scalable cryptographic computation for the post-quantum era. BTQ Technologies Corp. has a strategic collaboration with TIDAL PWR to develop a trusted quantum data center reference architecture that can be applied across future large-scale facilities. The company was incorporated in 1983 and is headquartered in Vancouver, Canada. |
| Long Name | BTQ Technologies Corp. |
| Market | us_market |
| Market Cap | 489,778,624 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_718590771 |
| Most Recent Quarter | 1,782,777,600 |
| Name Change Date | 2,026-08-29 |
| Net Income To Common | -57,520,360 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 493,930,651 |
| Number Of Analyst Opinions | 2 |
| Open | 3.62 |
| Operating Cashflow | -25,315,416 |
| Operating Margins | 0.0 |
| Payout Ratio | 0.0 |
| Post Market Change | 0.03999996 |
| Post Market Change Percent | 1.2012001 |
| Post Market Price | 3.37 |
| Post Market Time | 1,787,961,367 |
| Prev Name | Sonora Gold & Silver Corp. |
| Previous Close | 3.67 |
| Price Eps Current Year | -12.109091 |
| Price Hint | 4 |
| Price To Book | 36.610245 |
| Price To Sales Trailing12 Months | Infinity |
| Profit Margins | 0.0 |
| Quick Ratio | 1.741 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.34 |
| Regular Market Change Percent | -9.26431 |
| Regular Market Day High | 3.63 |
| Regular Market Day Low | 3.235 |
| Regular Market Day Range | 3.235 - 3.63 |
| Regular Market Open | 3.62 |
| Regular Market Previous Close | 3.67 |
| Regular Market Price | 3.33 |
| Regular Market Time | 1,787,947,201 |
| Regular Market Volume | 2,575,746 |
| Return On Assets | -2.29201 |
| Return On Equity | -4.89153 |
| Revenue Per Share | 0.0 |
| Sand P52 Week Change | 0.20204377 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Shares Outstanding | 147,080,677 |
| Shares Percent Shares Out | 0.0784 |
| Shares Short | 13,530,863 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 13,372,626 |
| Short Name | BTQ Technologies Corp. |
| Short Ratio | 7.54 |
| Source Interval | 15 |
| State | BC |
| Symbol | BTQ |
| Target High Price | 10.09208 |
| Target Low Price | 6.05496 |
| Target Mean Price | 8.07352 |
| Target Median Price | 8.07352 |
| Total Cash | 9,786,750 |
| Total Cash Per Share | 0.067 |
| Total Debt | 1,078,551 |
| Total Revenue | 0 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.27 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 4.130275 |
| Two Hundred Day Average Change | -0.80027485 |
| Two Hundred Day Average Change Percent | -0.19375826 |
| Type Disp | Equity |
| Volume | 2,575,746 |
| Website | https://www.btq.com |
| Zip | V7Y 1B3 |