Diligence memo · auto-generated · as of July 2, 2026
Quasar Mining Group, Inc.
Quasar Mining Group, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Quasar Mining Group, Inc. operates in Mining & Resources, based in FARMINGDALE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Quasar Mining Group, Inc. has raised $1.4M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.4M on 2017-11-29.
Most recent recorded round closed around 2017-11-29.
Valuation (modeled)modeled
Provath models Quasar Mining Group, Inc. at approximately $7.6M (range $1.2M–$60M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.17× the median modeled value of Seed Mining & Resources companies in 2016–2018 (23 peers) — value vs value, same stage and era. Within the normal band (117% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 8.6 yr ago; this sector typically re-raises about every 11 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 43% of Mining & Resources peers (701 compared).
Modeled value ranks above 75% of those peers.
Closest niche peers: Constantine Metal Resources Ltd., Superior Gold Inc., Bare Metal Standard Inc., Kenadyr Mining (Holdings) Corp, UltraConductive Copper Company, Inc..
Peoplefiled
2 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.