Coro Mining Corp. engages in the acquisition, exploration, and exploitation of mineral properties and projects located in Chile.
+ 2 more risks
Slightly overvalued with worrying balance sheet.
Share Price & News
How has Coro Mining's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: COP's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: COP underperformed the Canadian Metals and Mining industry which returned 28.1% over the past year.
Return vs Market: COP exceeded the Canadian Market which returned 10.4% over the past year.
Price Volatility Vs. Market
How volatile is Coro Mining's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StDo Institutions Own Coro Mining Corp. (TSE:COP) Shares?
4 months ago | Simply Wall StHow Much Of Coro Mining Corp. (TSE:COP) Do Institutions Own?
6 months ago | Simply Wall StCoro Mining (TSE:COP) Has Us Worried With Its Last Reported Debt Levels
Is Coro Mining undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: COP (CA$0.07) is trading below our estimate of fair value (CA$0.63)
Significantly Below Fair Value: COP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: COP is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: COP 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 COP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: COP is overvalued based on its PB Ratio (2.5x) compared to the CA Metals and Mining industry average (1.5x).
How is Coro Mining forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted Materials industry annual growth in earnings
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 Coro Mining 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 SimplyWall St do have past financial data.
- Take a look at our analysis of COP’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.
- Coro Mining competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Coro Mining performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: COP is currently unprofitable.
Growing Profit Margin: COP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: COP is unprofitable, and losses have increased over the past 5 years at a rate of -23.5% per year.
Accelerating Growth: Unable to compare COP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: COP is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-1.4%).
Return on Equity
High ROE: COP has a negative Return on Equity (-61.75%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Coro Mining's financial position?
Financial Position Analysis
Short Term Liabilities: COP's short term assets ($14.5M) do not cover its short term liabilities ($21.9M).
Long Term Liabilities: COP's short term assets ($14.5M) exceed its long term liabilities ($4.6M).
Debt to Equity History and Analysis
Debt Level: COP's debt to equity ratio (52%) is considered high.
Reducing Debt: COP's debt to equity ratio has increased from 1.6% to 52% over the past 5 years.
Inventory Level: COP has a high level of physical assets or inventory.
Debt Coverage by Assets: COP's debt is not covered by short term assets (assets are 0.8x debt).
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: COP has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if COP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Coro Mining's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate COP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate COP's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if COP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if COP'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 COP's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
What is the CEO of Coro Mining's salary, the management and board of directors tenure and is there insider trading?
Average management tenure
Luis Albano Tondo 0
Mr. Luis Albano Tondo has been the President and Chief Executive Officer of Coro Mining Corp. since June 12, 2017. Mr. Tondo has many years of mining experience in Latin America. Prior to joining Coro, he ...
CEO Compensation Analysis
Compensation vs Market: Luis's total compensation ($USD360.26K) is above average for companies of similar size in the Canadian market ($USD165.67K).
Compensation vs Earnings: Luis's compensation has been consistent with company performance over the past year.
Management Age and Tenure
Experienced Management: COP's management team is considered experienced (2.2 years average tenure).
Board Age and Tenure
Experienced Board: COP's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 115.2%.
Luis Albano Tondo
- Tenure: 2.6yrs
- Compensation: US$470.69k
Sergio L. Rivera
Vice President of Exploration
- Tenure: 8.2yrs
- Compensation: US$706.17k
Nick Bias (44yo)
Vice President of Corporate Development & Investor Relations
- Tenure: 1.8yrs
- Compensation: US$557.10k
Leonardo Araya Munoz
Chief Financial Officer
- Tenure: 0.8yrs
Colin Kinley (59yo)
Chairman of the Board
- Tenure: 3yrs
- Compensation: US$158.31k
Alan Stephens (65yo)
- Tenure: 15yrs
- Compensation: US$527.10k
- Tenure: 1.7yrs
- Compensation: US$66.27k
Mike Haworth (53yo)
- Tenure: 3.9yrs
- Compensation: US$42.41k
Luis Albano Tondo
- Tenure: 2.6yrs
- Compensation: US$470.69k
- Tenure: 1.2yrs
- Compensation: US$4.17k
Coro Mining Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Coro Mining Corp.
- Ticker: COP
- Exchange: TSX
- Founded: 2004
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$112.626m
- Shares outstanding: 1.61b
- Website: https://www.coromining.com
Number of Employees
- Coro Mining Corp.
- Cerro El Plomo 5420
- Suite 1504
- Las Condes
- Region Metropolitana (Santiago)
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|E2E||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jul 2007|
|COP||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Jul 2007|
|CROJ.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jul 2007|
Coro Mining Corp. engages in the acquisition, exploration, and exploitation of mineral properties and projects located in Chile. It explores for copper, iron ore, gold, and other base and precious metals. The company principally holds 51% interests in Marimaca copper oxide project located in the Antofagasta Region of northern Chile. The company was incorporated in 2004 and is headquartered in Las Condes, Chile.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/01/23 00:14|
|End of Day Share Price||2020/01/22 00:00|
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.