This week a number of innovative companies have come onto the news cycles for one reason or another, and one of those was Quebec Innovative Materials Corp. (OTC: QIMCF). On Wednesday, the company came into focus after it announced that it had taken a major step in its aim of making hydrogen the primary source of energy in Quebec.
Key Step
The company announced yesterday that its aims were aligned with the mandate of the province to cut down emissions by 38% by 2030 and have net zero emissions by 2050. On February 12, 2025, the company had a strategic meeting with the Ministry of Economy, Innovation, and Energy in Quebec City. The company noted that it was helping the province’s program to transform into a low-carbon economy by way of clean natural hydrogen.
Further Information
In the news release, it was also announced that clean natural hydrogen was all set to play a major role in the energy transition of the province. Quebec Innovative Materials Corp stated that it was at the vanguard of that particular movement. It may be a good time to add the stock to your watch lists.
CEO Quote
“Clean natural hydrogen is poised to play a transformative role in Quebec’s energy transition, and QIMC is at the forefront of this movement,” said John Karagiannidis, CEO of QIMC.
Technicals
| +/- EMA(20) | 0.13 (+2.69%) |
| +/- SMA(50) | 0.09 (+48.33%) |
| +/- SMA(200) | 0.13 (+2.69%) |
| 5-Day Perf. | -0.52% |
| 1-Month Perf. | +97.49% |
| 3-Month Perf. | +13.62% |
| 6-Month Perf. | – |
| YTD Perf. | +78.95% |
| 1-Year Perf. | – |
| RSI(14) | 54.1 |
| ATR(14) | 0.03 |
| ADX(14) | 46.26 |
| Beta (5Y) | 2.27 |
