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C6C

Copper Mountain Mining ASX:C6C Stock Report

Last Price

CA$1.95

Market Cap

CA$413.6m

7D

-13.3%

1Y

-48.8%

Updated

05 Jul, 2022

Data

Company Financials +
C6C fundamental analysis
Snowflake Score
Valuation6/6
Future Growth5/6
Past Performance2/6
Financial Health5/6
Dividends0/6

C6C Stock Overview

Copper Mountain Mining Corporation operates as a mining company in Canada.

Copper Mountain Mining Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Copper Mountain Mining
Historical stock prices
Current Share PriceCA$1.95
52 Week HighCA$4.62
52 Week LowCA$1.95
Beta2.75
1 Month Change-37.30%
3 Month Change-50.38%
1 Year Change-48.82%
3 Year Change128.07%
5 Year Changen/a
Change since IPO62.50%

Recent News & Updates

Shareholder Returns

C6CAU Metals and MiningAU Market
7D-13.3%-4.1%-0.7%
1Y-48.8%-15.0%-10.8%

Return vs Industry: C6C underperformed the Australian Metals and Mining industry which returned -15.2% over the past year.

Return vs Market: C6C underperformed the Australian Market which returned -10.5% over the past year.

Price Volatility

Is C6C's price volatile compared to industry and market?
C6C volatility
C6C Average Weekly Movement11.8%
Metals and Mining Industry Average Movement11.8%
Market Average Movement10.1%
10% most volatile stocks in AU Market16.8%
10% least volatile stocks in AU Market4.5%

Stable Share Price: C6C is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: C6C's weekly volatility (12%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006n/aGil Clausenhttps://www.cumtn.com

Copper Mountain Mining Corporation operates as a mining company in Canada. The company explores for copper, gold, and silver deposits. Its flagship asset is the Copper Mountain mine that comprise 138 crown granted mineral claims, 149 located mineral claims, 14 mining leases, and 12 fee simple properties covering an area of 6,702 hectares located to the south of Princeton, British Columbia.

Copper Mountain Mining Fundamentals Summary

How do Copper Mountain Mining's earnings and revenue compare to its market cap?
C6C fundamental statistics
Market CapCA$365.16m
Earnings (TTM)CA$61.14m
Revenue (TTM)CA$509.85m

6.0x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
C6C income statement (TTM)
RevenueCA$509.85m
Cost of RevenueCA$266.68m
Gross ProfitCA$243.18m
Other ExpensesCA$182.04m
EarningsCA$61.14m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Jul 25, 2022

Earnings per share (EPS)0.29
Gross Margin47.70%
Net Profit Margin11.99%
Debt/Equity Ratio61.7%

How did C6C perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is C6C undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for C6C?

Other financial metrics that can be useful for relative valuation.

C6C key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.3x
Enterprise Value/EBITDA2.9x
PEG Ratio0.1x

Price to Earnings Ratio vs Peers

How does C6C's PE Ratio compare to its peers?

C6C PE Ratio vs Peers
The above table shows the PE ratio for C6C vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average11.1x
AIS Aeris Resources
11.2x42.4%AU$328.9m
SFR Sandfire Resources
9.2x-5.2%AU$1.8b
OZL OZ Minerals
11x4.1%AU$5.8b
PRN Perenti Global
12.9x28.0%AU$449.6m
C6C Copper Mountain Mining
6x44.3%AU$365.2m

Price-To-Earnings vs Peers: C6C is good value based on its Price-To-Earnings Ratio (6x) compared to the peer average (11.1x).


Price to Earnings Ratio vs Industry

How does C6C's PE Ratio compare vs other companies in the AU Metals and Mining Industry?

Price-To-Earnings vs Industry: C6C is good value based on its Price-To-Earnings Ratio (6x) compared to the Australian Metals and Mining industry average (9.1x)


Price to Earnings Ratio vs Fair Ratio

What is C6C's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

C6C PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6x
Fair PE Ratio32.4x

Price-To-Earnings vs Fair Ratio: C6C is good value based on its Price-To-Earnings Ratio (6x) compared to the estimated Fair Price-To-Earnings Ratio (32.4x).


Share Price vs Fair Value

What is the Fair Price of C6C when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: C6C (A$1.95) is trading below our estimate of fair value (A$130.44)

Significantly Below Fair Value: C6C is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: C6C is good value based on its PEG Ratio (0.1x)


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Future Growth

How is Copper Mountain Mining forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


44.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: C6C's forecast earnings growth (44.3% per year) is above the savings rate (1.8%).

Earnings vs Market: C6C's earnings (44.3% per year) are forecast to grow faster than the Australian market (5.7% per year).

High Growth Earnings: C6C's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: C6C's revenue (23.9% per year) is forecast to grow faster than the Australian market (5.2% per year).

High Growth Revenue: C6C's revenue (23.9% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if C6C's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has Copper Mountain Mining performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


31.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: C6C has high quality earnings.

Growing Profit Margin: C6C's current net profit margins (12%) are lower than last year (23%).


Past Earnings Growth Analysis

Earnings Trend: C6C has become profitable over the past 5 years, growing earnings by 31.9% per year.

Accelerating Growth: C6C's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: C6C had negative earnings growth (-41.4%) over the past year, making it difficult to compare to the Metals and Mining industry average (57.3%).


Return on Equity

High ROE: C6C's Return on Equity (19.3%) is considered low.


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Financial Health

How is Copper Mountain Mining's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: C6C's short term assets (CA$222.1M) exceed its short term liabilities (CA$114.7M).

Long Term Liabilities: C6C's short term assets (CA$222.1M) do not cover its long term liabilities (CA$455.1M).


Debt to Equity History and Analysis

Debt Level: C6C's net debt to equity ratio (31.6%) is considered satisfactory.

Reducing Debt: C6C's debt to equity ratio has reduced from 183.6% to 61.7% over the past 5 years.

Debt Coverage: C6C's debt is well covered by operating cash flow (91.5%).

Interest Coverage: C6C's interest payments on its debt are well covered by EBIT (5.8x coverage).


Balance Sheet


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Dividend

What is Copper Mountain Mining current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate C6C's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate C6C's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if C6C's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if C6C's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as C6C has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

4.1yrs

Average management tenure


CEO

Gil Clausen (65 yo)

4.08yrs

Tenure

CA$2,020,402

Compensation

Mr. Gilmour Clausen, also known as Gil, P. Eng, serves President, Chief Executive Officer and Director at Copper Mountain Mining Corporation since June 01, 2018. Mr. Clausen serves as the President of a di...


CEO Compensation Analysis

Compensation vs Market: Gil's total compensation ($USD1.57M) is above average for companies of similar size in the Australian market ($USD564.31K).

Compensation vs Earnings: Gil's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: C6C's management team is considered experienced (4.1 years average tenure).


Board Members

Experienced Board: C6C's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Copper Mountain Mining Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Copper Mountain Mining Corporation
  • Ticker: C6C
  • Exchange: ASX
  • Founded: 2006
  • Industry: Copper
  • Sector: Materials
  • Implied Market Cap: CA$365.158m
  • Listing Market Cap: CA$413.634m
  • Shares outstanding: 213.54m
  • Website: https://www.cumtn.com

Number of Employees


Location

  • Copper Mountain Mining Corporation
  • 700 West Pender Street
  • Suite 1700
  • Vancouver
  • British Columbia
  • V6C 1G8
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/05 00:00
End of Day Share Price2022/07/05 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.