TSX:CMMC

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Copper Mountain Mining

Executive Summary

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


Snowflake Analysis

Reasonable growth potential with mediocre balance sheet.

Share Price & News

How has Copper Mountain Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CMMC's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

15.4%

CMMC

2.0%

CA Metals and Mining

1.1%

CA Market


1 Year Return

60.3%

CMMC

49.8%

CA Metals and Mining

-5.8%

CA Market

Return vs Industry: CMMC exceeded the Canadian Metals and Mining industry which returned 52.4% over the past year.

Return vs Market: CMMC exceeded the Canadian Market which returned -5.6% over the past year.


Shareholder returns

CMMCIndustryMarket
7 Day15.4%2.0%1.1%
30 Day22.1%-4.5%-2.6%
90 Day66.7%9.3%4.0%
1 Year60.3%60.3%50.9%49.8%-2.5%-5.8%
3 Year-25.0%-25.0%49.6%46.7%5.7%-4.5%
5 Year72.1%72.1%147.5%140.0%32.6%12.3%

Price Volatility Vs. Market

How volatile is Copper Mountain Mining's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Copper Mountain Mining undervalued compared to its fair value and its price relative to the market?

0.99x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CMMC's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CMMC's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CMMC is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.

PE vs Market: CMMC is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CMMC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CMMC is good value based on its PB Ratio (1x) compared to the CA Metals and Mining industry average (2.8x).


Next Steps

Future Growth

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

45.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CMMC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).

Earnings vs Market: CMMC is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: CMMC's is expected to become profitable in the next 3 years.

Revenue vs Market: CMMC's revenue (12% per year) is forecast to grow faster than the Canadian market (5.3% per year).

High Growth Revenue: CMMC's revenue (12% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

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

13.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CMMC is currently unprofitable.

Growing Profit Margin: CMMC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CMMC is unprofitable, but has reduced losses over the past 5 years at a rate of 13.8% per year.

Accelerating Growth: Unable to compare CMMC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CMMC is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (78.5%).


Return on Equity

High ROE: CMMC has a negative Return on Equity (-21.55%), as it is currently unprofitable.


Next Steps

Financial Health

How is Copper Mountain Mining's financial position?


Financial Position Analysis

Short Term Liabilities: CMMC's short term assets (CA$91.7M) do not cover its short term liabilities (CA$115.5M).

Long Term Liabilities: CMMC's short term assets (CA$91.7M) do not cover its long term liabilities (CA$338.3M).


Debt to Equity History and Analysis

Debt Level: CMMC's debt to equity ratio (74.7%) is considered high.

Reducing Debt: CMMC's debt to equity ratio has reduced from 143.8% to 74.7% over the past 5 years.


Balance Sheet


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.

Stable Cash Runway: Whilst unprofitable CMMC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: CMMC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 13.6% per year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate CMMC'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 CMMC's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CMMC's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

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

3.3yrs

Average management tenure


CEO

Gil Clausen (63 yo)

2.25yrs

Tenure

CA$1,409,592

Compensation

Mr. Gilmour Clausen, also known as Gil, P. Eng, serves President, CEO and Director at Copper Mountain Mining Corporation since June 01, 2018. He serves as the President of a division of Yamana Gold Inc. Mr ...


CEO Compensation Analysis

Compensation vs Market: Gil's total compensation ($USD1.06M) is above average for companies of similar size in the Canadian market ($USD171.14K).

Compensation vs Earnings: Gil's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Gilmour Clausen
President2.25yrsCA$1.41m2.18%
CA$ 3.9m
Rodney Shier
CFO & Corporate Secretary14.42yrsCA$671.46k1.07%
CA$ 1.9m
Donald Strickland
Chief Operating Officer2.67yrsCA$700.57kno data
Letitia Wong
Vice President of Corporate Development & Investor Relations2.17yrsCA$584.44k0.14%
CA$ 247.7k
Peter Holbek
Vice President of Exploration13.83yrsCA$460.09k0.19%
CA$ 338.4k
Richard Klue
Vice President of Technical Services2.33yrsno data0%
CA$ 0
Gordon Frost
Chief Mine Engineer8.25yrsno datano data
Richard Joyes
Senior Exploration Geologist3.92yrsno datano data

3.3yrs

Average Tenure

59yo

Average Age

Experienced Management: CMMC's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Gilmour Clausen
President2.25yrsCA$1.41m2.18%
CA$ 3.9m
Alistair Cowden
Director2.42yrsCA$147.00k0.99%
CA$ 1.8m
Carl Renzoni
Independent Director12.5yrsCA$141.50k0.17%
CA$ 310.2k
Bruce Aunger
Independent Chairman of the Board1yrCA$217.50k0.20%
CA$ 355.1k
Allan Cloke
Independent Director10.08yrsCA$136.00k0.18%
CA$ 330.3k
Michele Buchignani
Independent Director1.5yrsCA$141.50k0.044%
CA$ 78.5k
William Washington
Independent Director2.25yrsCA$143.50k0.17%
CA$ 305.5k

2.3yrs

Average Tenure

63yo

Average Age

Experienced Board: CMMC's board of directors are not considered experienced ( 2.3 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: CMMC insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: Copper Mountain Mining Corporation
  • Ticker: CMMC
  • Exchange: TSX
  • Founded: 2006
  • Industry: Copper
  • Sector: Materials
  • Market Cap: CA$179.851m
  • Shares outstanding: 191.33m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CMMCTSX (The Toronto Stock Exchange)YesCommon SharesCACADJun 2007
COQDB (Deutsche Boerse AG)YesCommon SharesDEEURJun 2007
CPPM.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJun 2007
C6CASX (Australian Securities Exchange)NPV CDI 1:1AUAUDApr 2018
C6CCHIA (Chi-X Australia)NPV CDI 1:1AUAUDApr 2018
COQADB (Deutsche Boerse AG)NPV CDI 1:1DEEURApr 2018

Biography

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 135 crown ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/01 00:20
End of Day Share Price2020/09/30 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.