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CopperBank Resources

CNSX:CBK
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CBK
CNSX
CA$18M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Copperbank Resources Corp., an exploration stage company, engages in the acquisition and development of mineral properties in the United States. The last earnings update was 111 days ago. More info.


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CBK Share Price and Events
7 Day Returns
0%
CNSX:CBK
-0.1%
CA Metals and Mining
0.9%
CA Market
1 Year Returns
-23.5%
CNSX:CBK
-7%
CA Metals and Mining
-0.2%
CA Market
CBK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
CopperBank Resources (CBK) 0% -7.1% 62.5% -23.5% 116.7% -
CA Metals and Mining -0.1% 2.7% 11.6% -7% 7.6% -24.1%
CA Market 0.9% 2.2% 10.5% -0.2% 15.7% 4.9%
1 Year Return vs Industry and Market
  • CBK underperformed the Metals and Mining industry which returned -7% over the past year.
  • CBK underperformed the Market in Canada which returned -0.2% over the past year.
Price Volatility
CBK
Industry
5yr Volatility vs Market

CBK Value

 Is CopperBank Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for CopperBank Resources. This is due to cash flow or dividend data being unavailable. The share price is CA$0.065.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for CopperBank Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are CopperBank Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:CBK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-0.01
CNSX:CBK Share Price ** CNSX (2019-03-15) in CAD CA$0.07
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.41x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.84x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of CopperBank Resources.

CNSX:CBK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= CNSX:CBK Share Price ÷ EPS (both in CAD)

= 0.07 ÷ -0.01

-7.5x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • CopperBank Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • CopperBank Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does CopperBank Resources's expected growth come at a high price?
Raw Data
CNSX:CBK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -7.5x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.69x
Canada Market PEG Ratio Median Figure of 251 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for CopperBank Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on CopperBank Resources's assets?
Raw Data
CNSX:CBK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$0.04
CNSX:CBK Share Price * CNSX (2019-03-15) in CAD CA$0.07
Canada Metals and Mining Industry PB Ratio Median Figure of 1,081 Publicly-Listed Metals and Mining Companies 1.45x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.57x
CNSX:CBK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CNSX:CBK Share Price ÷ Book Value per Share (both in CAD)

= 0.07 ÷ 0.04

1.47x

* Primary Listing of CopperBank Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • CopperBank Resources is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess CopperBank Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. CopperBank Resources has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CBK Future Performance

 How is CopperBank Resources expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as CopperBank Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
33.4%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is CopperBank Resources expected to grow at an attractive rate?
  • Unable to compare CopperBank Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare CopperBank Resources's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare CopperBank Resources's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:CBK Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.4%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
CNSX:CBK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
CNSX:CBK Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 -1 -2
2018-06-30 -1 -1
2018-03-31 -1 -1
2017-12-31 -1 -2
2017-09-30 -1 -1
2017-06-30 -1 -1
2017-03-31 -1 -1
2016-12-31 0 -1
2016-09-30 0 -1
2016-06-30 0 -9
2016-03-31 0 -9
2015-12-31 -1 -9

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if CopperBank Resources is high growth as no earnings estimate data is available.
  • Unable to determine if CopperBank Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
CNSX:CBK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from CopperBank Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:CBK Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 0.00
2016-09-30 -0.01
2016-06-30 -0.07
2016-03-31 -0.07
2015-12-31 -0.07

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if CopperBank Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of CBK’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. CopperBank Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. CopperBank Resources's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess CopperBank Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
CopperBank Resources has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CBK Past Performance

  How has CopperBank Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare CopperBank Resources's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • CopperBank Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare CopperBank Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare CopperBank Resources's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
CopperBank Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from CopperBank Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:CBK Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 -1.68 1.63
2018-06-30 -1.42 1.37
2018-03-31 -1.50 1.45
2017-12-31 -1.52 1.47
2017-09-30 -1.23 1.19
2017-06-30 -0.94 0.94
2017-03-31 -0.78 0.77
2016-12-31 -0.63 0.66
2016-09-30 -0.94 0.58
2016-06-30 -9.21 0.69
2016-03-31 -9.15 0.63
2015-12-31 -9.12 0.71
2015-09-30 -11.94 0.54
2015-06-30 -3.55 0.37
2015-03-31 -12.46 0.93
2014-12-31 -12.58 0.81
2014-09-30 -0.12 0.12
2014-06-30 -0.12 0.13
2014-03-31 -0.15 0.15
2013-12-31 -0.64 0.32
2013-09-30 -0.21 0.20
2013-06-30 -0.20 0.20
2013-03-31 1.23 0.20
2012-12-31 -2.42 0.26
2012-09-30 -2.54 0.39
2012-06-30 -2.69 0.51
2012-03-31 -4.71 1.11

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if CopperBank Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if CopperBank Resources has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if CopperBank Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess CopperBank Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
CopperBank Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CBK Health

 How is CopperBank Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up CopperBank Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • CopperBank Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • CopperBank Resources's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of CopperBank Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from CopperBank Resources Company Filings, last reported 5 months ago.

CNSX:CBK Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 11.80 0.19 0.05
2018-06-30 7.75 0.00 0.42
2018-03-31 6.90 0.00 0.02
2017-12-31 7.09 0.00 0.08
2017-09-30 6.90 0.00 0.19
2017-06-30 6.47 0.00 0.71
2017-03-31 4.36 0.43 0.21
2016-12-31 4.49 0.00 0.05
2016-09-30 4.39 0.00 0.02
2016-06-30 4.56 0.00 0.06
2016-03-31 4.39 0.00 0.03
2015-12-31 4.51 0.00 0.11
2015-09-30 5.32 0.00 0.13
2015-06-30 13.01 0.00 0.33
2015-03-31 13.27 0.00 0.47
2014-12-31 12.53 0.00 0.77
2014-09-30 -0.06 0.00 0.00
2014-06-30 -0.03 0.00 0.00
2014-03-31 0.00 0.00 0.02
2013-12-31 -7.48 0.00 0.05
2013-09-30 0.07 0.00 0.06
2013-06-30 0.08 0.00 0.02
2013-03-31 0.16 0.00 0.00
2012-12-31 0.19 0.00 0.11
2012-09-30 0.27 0.00 0.21
2012-06-30 0.29 0.00 0.14
2012-03-31 0.34 0.00 0.23
  • CopperBank Resources's level of debt (1.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 1.6% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • CopperBank Resources has less than a year of cash runway based on current free cash flow.
  • CopperBank Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 48% each year.
X
Financial health checks
We assess CopperBank Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. CopperBank Resources has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CBK Dividends

 What is CopperBank Resources's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from CopperBank Resources dividends.
If you bought CA$2,000 of CopperBank Resources shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate CopperBank Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate CopperBank Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
CNSX:CBK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as CopperBank Resources has not reported any payouts.
  • Unable to verify if CopperBank Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of CopperBank Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as CopperBank Resources has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess CopperBank Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can CopperBank Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. CopperBank Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CBK Management

 What is the CEO of CopperBank Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
John Kovacevic
COMPENSATION CA$353,000
AGE 43
TENURE AS CEO 0.2 years
CEO Bio

Mr. John Gianni Kovacevic is Chief Executive Officer of CopperBank Resources Corp. since 2019 and serves as its Director since October 21, 2014. Mr. Kovacevic was Executive Chairman of CopperBank Resources Corp. since October 21, 2014 until 2019. He was Chief Executive Officer of CopperBank Resources Corp. since September 2016. He served as the Chairman, Chief Executive Officer and President of Choice Gold Corp. since March 2011 until October 2014. Mr. Kovacevic has a wealth of international resource-based investing experience. Previously, He served at Petaquilla Minerals and Petaquilla Copper as its Manager of Corporate Development and he assisted in the raising of over $200 Million in equity and debt financing. He serves as the Chairman of Romulus Resources Ltd. and has been its Independent Director since March 03, 2010. He has been a Director of CopperBank Resources Corp since October 2014. He served as a Director of Choice Gold Corp. since February 24, 2011. Mr. Kovacevic served as an Independent Director of Legend Gold Corp. since October 2010. Mr. Kovacevic is a Development Strategist focused in the natural resource space. Mr. Kovacevic is an investor, author and frequently invited keynote speaker at industry related conferences around the world on themes related to modern energy and copper.

CEO Compensation
  • John's compensation has increased whilst company is loss making.
  • John's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure and age of the CopperBank Resources management team in years:

2.3
Average Tenure
48.5
Average Age
  • The tenure for the CopperBank Resources management team is about average.
Management Team

John Kovacevic

TITLE
CEO & Director
COMPENSATION
CA$353K
AGE
43
TENURE
0.2 yrs

Tony Ricci

TITLE
CFO & Director
COMPENSATION
CA$119K
AGE
55
TENURE
3.3 yrs

Brigitte Dejou

TITLE
Technical Advisor
COMPENSATION
CA$33K

Sheryl Elsdon

TITLE
Company Secretary
AGE
40

Rob McLeod

TITLE
Executive Officer
COMPENSATION
CA$20K
AGE
47
TENURE
2 yrs

Terence Ortslan

TITLE
Engineering Advisor
AGE
68

Todd Hilditch

TITLE
Strategic Advisor
COMPENSATION
CA$25K
AGE
50
TENURE
2.5 yrs
Board of Directors Tenure

Average tenure and age of the CopperBank Resources board of directors in years:

2.3
Average Tenure
55
Average Age
  • The average tenure for the CopperBank Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors

Giulio Bonifacio

TITLE
Chairman
AGE
57
TENURE
0.2 yrs

John Kovacevic

TITLE
CEO & Director
COMPENSATION
CA$353K
AGE
43
TENURE
4.4 yrs

Tony Ricci

TITLE
CFO & Director
COMPENSATION
CA$119K
AGE
55
TENURE
3.8 yrs

Ken Cunningham

TITLE
Independent Director
COMPENSATION
CA$37K
TENURE
2.9 yrs

Gavin Dirom

TITLE
Independent Director
COMPENSATION
CA$33K
TENURE
1.7 yrs

Steve Bastable

TITLE
Independent Director
TENURE
0.6 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by CopperBank Resources insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
11. Mar 19 Buy Steven Bastable Individual 11. Mar 19 11. Mar 19 25,000 CA$0.06 CA$1,625
07. Mar 19 Buy John Kovacevic Individual 07. Mar 19 07. Mar 19 50,000 CA$0.07 CA$3,500
06. Mar 19 Buy John Kovacevic Individual 06. Mar 19 06. Mar 19 50,000 CA$0.07 CA$3,500
05. Mar 19 Buy John Kovacevic Individual 05. Mar 19 05. Mar 19 50,000 CA$0.08 CA$3,750
19. Dec 18 Buy John Kovacevic Individual 19. Dec 18 19. Dec 18 50,000 CA$0.05 CA$2,250
12. Dec 18 Buy John Kovacevic Individual 12. Dec 18 12. Dec 18 50,000 CA$0.05 CA$2,250
12. Nov 18 Buy John Kovacevic Individual 12. Nov 18 12. Nov 18 100,000 CA$0.06 CA$6,000
30. Oct 18 Buy John Kovacevic Individual 30. Oct 18 30. Oct 18 48,000 CA$0.06 CA$2,880
26. Oct 18 Buy John Kovacevic Individual 26. Oct 18 26. Oct 18 2,000 CA$0.07 CA$130
25. Oct 18 Buy John Kovacevic Individual 25. Oct 18 25. Oct 18 125,000 CA$0.06 CA$7,500
23. Oct 18 Sell John Kovacevic Individual 16. Oct 18 16. Oct 18 -6,832,000 CA$0.07 CA$-478,244
23. Oct 18 Buy John Kovacevic Individual 23. Oct 18 23. Oct 18 100,000 CA$0.07 CA$7,000
17. Oct 18 Buy Giulio Bonifacio Individual 16. Oct 18 17. Oct 18 269,000 CA$0.07 CA$17,858
22. Oct 18 Buy John Kovacevic Individual 22. Oct 18 22. Oct 18 6,100,000 CA$0.07 CA$427,003
22. Oct 18 Buy Nicmar Capital Corp. Company 22. Oct 18 22. Oct 18 807,143 CA$0.07 CA$56,500
22. Oct 18 Buy Giulio Bonifacio Individual 22. Oct 18 22. Oct 18 3,081,000 CA$0.07 CA$215,672
11. Sep 18 Buy John Kovacevic Individual 11. Sep 18 11. Sep 18 50,000 CA$0.06 CA$2,750
29. Aug 18 Buy John Kovacevic Individual 29. Aug 18 29. Aug 18 75,000 CA$0.08 CA$5,625
28. Aug 18 Buy Kenneth Cunningham Individual 28. Aug 18 28. Aug 18 10,000 CA$0.05 CA$520
27. Aug 18 Buy John Kovacevic Individual 27. Aug 18 27. Aug 18 100,000 CA$0.07 CA$6,700
27. Aug 18 Buy Giulio Bonifacio Individual 27. Aug 18 27. Aug 18 175,000 CA$0.06 CA$11,375
17. Aug 18 Buy Giulio Bonifacio Individual 14. Aug 18 15. Aug 18 175,000 CA$0.06 CA$10,515
03. Aug 18 Buy John Kovacevic Individual 03. Aug 18 03. Aug 18 50,000 CA$0.06 CA$3,000
03. Aug 18 Buy Giulio Bonifacio Individual 02. Aug 18 02. Aug 18 230,000 CA$0.05 CA$11,500
04. May 18 Buy John Kovacevic Individual 04. May 18 04. May 18 1,000,000 CA$0.07 CA$69,999
04. May 18 Buy Nicmar Capital Corp. Company 04. May 18 04. May 18 500,000 CA$0.07 CA$35,000
23. Apr 18 Buy John Kovacevic Individual 23. Apr 18 23. Apr 18 50,000 CA$0.06 CA$3,000
17. Apr 18 Buy John Kovacevic Individual 17. Apr 18 17. Apr 18 100,000 CA$0.07 CA$6,500
X
Management checks
We assess CopperBank Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. CopperBank Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CBK News

Simply Wall St News

If You Had Bought CopperBank Resources Shares Three Years Ago You'd Have Made 75%

CopperBank Resources didn't have any revenue in the last year, so it's fair to say it doesn't yet have a proven product (or at least not one people are paying for). … As a general rule, if a company doesn't have revenue, and it loses money, then it is a high risk investment. … CopperBank Resources has already given some investors a taste of the sweet gains that high risk investing can generate, if your timing is right.

Simply Wall St -

CBK Company Info

Description

Copperbank Resources Corp., an exploration stage company, engages in the acquisition and development of mineral properties in the United States. Its property portfolio includes the Contact copper project located in Elko County, Nevada; and the Pyramid and San Diego projects situated in the Alaska Peninsula. The company was incorporated in 2014 and is headquartered in Vancouver, Canada.

Details
Name: CopperBank Resources Corp.
CBK
Exchange: CNSX
Founded: 2014
CA$18,164,675
279,456,541
Website: http://copperbankcorp.com
Address: CopperBank Resources Corp.
1011 West Cordova Street,
Suite 2706,
Vancouver,
British Columbia, V6B 0C2,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX CBK New Common Shares Canadian National Stock Exchange CA CAD 15. Dec 2014
OTCPK CPPK.F New Common Shares Pink Sheets LLC US USD 15. Dec 2014
DB 9CP New Common Shares Deutsche Boerse AG DE EUR 15. Dec 2014
Number of employees
Current staff
Staff numbers
0
CopperBank Resources employees.
Industry
Copper
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/18 00:39
End of day share price update: 2019/03/15 00:00
Last earnings filing: 2018/11/27
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.