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Coro Mining

TSX:COP
Snowflake Description

Mediocre balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
COP
TSX
CA$146M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Coro Mining Corp. engages in the acquisition, exploration, and exploitation of mineral properties and projects located in Latin America. The last earnings update was 129 days ago. More info.


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  • Coro Mining has significant price volatility in the past 3 months.
COP Share Price and Events
7 Day Returns
-9.1%
TSX:COP
-2.1%
CA Metals and Mining
0.3%
CA Market
1 Year Returns
-4.8%
TSX:COP
-5.9%
CA Metals and Mining
0.7%
CA Market
COP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Coro Mining (COP) -9.1% 66.7% 100% -4.8% 150% -4.8%
CA Metals and Mining -2.1% 1.4% 13.1% -5.9% 8.9% -22%
CA Market 0.3% 2% 13.2% 0.7% 16.6% 5.6%
1 Year Return vs Industry and Market
  • COP outperformed the Metals and Mining industry which returned -5.9% over the past year.
  • COP underperformed the Market in Canada which returned 0.7% over the past year.
Price Volatility
COP
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Coro Mining's competitors could be found in our database.

COP Value

 Is Coro Mining 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 Coro Mining. This is due to cash flow or dividend data being unavailable. The share price is CA$0.1.
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 Coro Mining's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Coro Mining's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSX:COP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $-0.04
TSX:COP Share Price ** TSX (2019-03-20) in CAD CA$0.1
TSX:COP Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.75 $0.08
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.49x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.78x

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

** Primary Listing of Coro Mining.

TSX:COP PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:COP Share Price ÷ EPS (both in USD)

= 0.08 ÷ -0.04

-2.02x

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

  • Coro Mining is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Coro Mining is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Coro Mining's expected growth come at a high price?
Raw Data
TSX:COP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.02x
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 0.7x
Canada Market PEG Ratio Median Figure of 253 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 Coro Mining, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Coro Mining's assets?
Raw Data
TSX:COP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $0.03
TSX:COP Share Price * TSX (2019-03-20) in CAD CA$0.1
TSX:COP Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.75 $0.08
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.44x
Canada Market PB Ratio Median Figure of 2,349 Publicly-Listed Companies 1.58x
TSX:COP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:COP Share Price ÷ Book Value per Share (both in USD)

= 0.08 ÷ 0.03

2.51x

* Primary Listing of Coro Mining.

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

  • Coro Mining is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Coro Mining'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. Coro Mining 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.

COP Future Performance

 How is Coro Mining 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 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 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
33.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Coro Mining expected to grow at an attractive rate?
  • Unable to compare Coro Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Coro Mining's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Coro Mining's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSX:COP Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.9%

*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
TSX:COP 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 USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSX:COP Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 -7 -25
2018-06-30 -6 -20
2018-03-31 -5 -16
2017-12-31 -3 -14
2017-09-30 -2 -3
2017-06-30 -3 -4
2017-03-31 -3 -4
2016-12-31 -4 -4
2016-09-30 -4 -3
2016-06-30 -3 -2
2016-03-31 -2 -1
2015-12-31 -2 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Coro Mining is high growth as no earnings estimate data is available.
  • Unable to determine if Coro Mining 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
TSX:COP 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 Coro Mining Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:COP Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 -0.04
2018-06-30 -0.03
2018-03-31 -0.03
2017-12-31 -0.02
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.01
2016-03-31 -0.01
2015-12-31 -0.01

*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 Coro Mining will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. 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.
  2. Coro Mining'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. Coro Mining'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 Coro Mining'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.
Coro Mining 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.

COP Past Performance

  How has Coro Mining 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 Coro Mining'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.
  • Coro Mining does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Coro Mining's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Coro Mining's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Coro Mining'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 Coro Mining Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:COP Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 -25.19 4.40
2018-06-30 -19.53 3.44
2018-03-31 -15.76 3.01
2017-12-31 -13.62 2.48
2017-09-30 -3.05 2.93
2017-06-30 -3.98 4.12
2017-03-31 -4.10 4.29
2016-12-31 -3.56 4.00
2016-09-30 -2.93 2.92
2016-06-30 -1.63 1.43
2016-03-31 -1.13 0.94
2015-12-31 -1.11 0.69
2015-09-30 -13.07 0.59
2015-06-30 -12.70 0.45
2015-03-31 -12.77 0.64
2014-12-31 -13.71 1.61
2014-09-30 -19.15 -0.03
2014-06-30 -19.59 0.33
2014-03-31 -17.48 0.24
2013-12-31 -17.87 0.56
2013-09-30 -2.46 4.53
2013-06-30 -4.25 6.20
2013-03-31 -8.67 8.69
2012-12-31 -8.97 8.89
2012-09-30 -7.45 7.64
2012-06-30 -7.37 6.90
2012-03-31 -6.65 5.88

*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 Coro Mining has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Coro Mining 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 Coro Mining 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 Coro Mining'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.
Coro Mining 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.

COP Health

 How is Coro Mining'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 Coro Mining's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Coro Mining is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Coro Mining's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Coro Mining'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 covered by short term assets, assets are 1.9x 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 Coro Mining Company Filings, last reported 5 months ago.

TSX:COP Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 43.54 15.27 21.80
2018-06-30 12.58 20.99 2.89
2018-03-31 18.70 8.47 1.91
2017-12-31 21.72 3.35 2.81
2017-09-30 36.54 0.44 3.99
2017-06-30 33.38 0.49 2.78
2017-03-31 23.86 0.82 2.47
2016-12-31 22.27 1.30 4.26
2016-09-30 19.02 2.04 3.35
2016-06-30 15.73 2.61 1.77
2016-03-31 5.85 10.18 1.14
2015-12-31 3.92 10.22 1.07
2015-09-30 3.53 6.22 1.17
2015-06-30 3.84 0.25 0.49
2015-03-31 4.29 0.25 0.46
2014-12-31 4.32 0.26 0.38
2014-09-30 16.13 0.25 0.52
2014-06-30 16.10 0.00 0.66
2014-03-31 16.57 0.00 1.33
2013-12-31 16.59 0.00 1.55
2013-09-30 33.00 0.00 0.90
2013-06-30 33.33 0.00 1.56
2013-03-31 31.20 0.00 0.53
2012-12-31 32.30 0.00 2.11
2012-09-30 34.31 0.00 5.95
2012-06-30 36.02 0.00 7.90
2012-03-31 38.77 0.00 11.03
  • Coro Mining's level of debt (35.1%) 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 35.1% 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.

  • Coro Mining has less than a year of cash runway based on current free cash flow.
  • Coro Mining has less than a year of cash runway if free cash flow continues to grow at historical rates of 55.6% each year.
X
Financial health checks
We assess Coro Mining'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. Coro Mining has a total score of 3/6, 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.

COP Dividends

 What is Coro Mining'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 Coro Mining dividends.
If you bought CA$2,000 of Coro Mining 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 Coro Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Coro Mining'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
TSX:COP 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 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
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 Coro Mining has not reported any payouts.
  • Unable to verify if Coro Mining's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Coro Mining's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Coro Mining 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 Coro Mining'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 Coro Mining afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Coro Mining 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.

COP Management

 What is the CEO of Coro Mining'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
Luis Tondo
COMPENSATION $811,862
TENURE AS CEO 1.8 years
CEO Bio

Mr. Luis Albano Tondo has been the President and Chief Executive Officer of Coro Mining Corp. since June 12, 2017. Mr. Tondo has some 30 years of mining experience in Latin America. Prior to joining Coro, he spent the seven years as Chief Operating Officer at mid-tier copper and gold producers in Chile, Uruguay and Brazil, where he was responsible for operations, projects and business development activities. He served as Vice President of Operations and Country Manager of Brazil Operations at Colossus Minerals Inc. since December 3, 2012. He served as the Chief Operating Officer at Orosur Mining Inc. from September 1, 2010 to October 2012. He served as Project Director for Kinross Gold, where he was responsible for the scoping and prefeasibility study for the Lobo Marte project and the scoping study for the expansion of the Maricunga Mine, both located in the Maricunga Belt close to Orosur's Pantanillo project. He served as The Project Manager of the Paracatu Expansion III Project in Brazil, a project that has more than doubled the gold production rate of the Paracatu mine from 180,000 to 500,000 ounces per annum. Along with his experience in project development, he has worked in operations at the Paracatu mine for more than 15 years. He has significant experience in safety, environmental and community relations developed through his 25 years of experience in Chile and Brazil. He has been a Director of Coro Mining Corp. since June 15, 2017. Mr. Tondo holds a B Sc Mining Engineer (Mineral Processing) from UFRGS Brazil (Universidade Federal do Rio Grande do Sul in Brazil) in 1988, an MBA from Fundacao Dom Cabral business school in Brazil and Masters of Science Engineering from the University of Queensland, Australia in 1999. He is a Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM), and a Qualified Person for the purposes of NI 43-101.

CEO Compensation
  • Insufficient data for Luis to compare compensation growth.
  • Luis's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Coro Mining management team in years:

0.9
Average Tenure
  • The average tenure for the Coro Mining management team is less than 2 years, this suggests a new team.
Management Team

Luis Tondo

TITLE
President
COMPENSATION
$812K
TENURE
1.8 yrs

Sergio Rivera

TITLE
Vice President of Exploration
COMPENSATION
$704K
TENURE
7.3 yrs

Damian Towns

TITLE
Consultant
COMPENSATION
$201K
AGE
43
TENURE
0.9 yrs

Armando Veliz

TITLE
Chief Financial Officer
TENURE
0.9 yrs

Nick Bias

TITLE
Vice President Corporate Development & Investor Relations
AGE
43
TENURE
0.9 yrs
Board of Directors Tenure

Average tenure and age of the Coro Mining board of directors in years:

2
Average Tenure
58
Average Age
  • The average tenure for the Coro Mining board of directors is less than 3 years, this suggests a new board.
Board of Directors

Colin Kinley

TITLE
Chairman of the Board
COMPENSATION
$25K
AGE
58
TENURE
2.2 yrs

Luis Tondo

TITLE
President
COMPENSATION
$812K
TENURE
1.8 yrs

Mike Haworth

TITLE
Director
COMPENSATION
$25K
AGE
52
TENURE
3.1 yrs

Alan Stephens

TITLE
Non-Executive Director
COMPENSATION
$220K
AGE
64
TENURE
14.2 yrs

Petra Decher

TITLE
Independent Director
TENURE
0.8 yrs

Tim Petterson

TITLE
Independent Director
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
21. Dec 18 Buy Nicholas Bias Individual 14. Dec 18 14. Dec 18 2,080,000 CA$0.05 CA$104,000
11. Oct 18 Buy Tembo Capital Management Ltd Company 28. Sep 18 04. Oct 18 3,693,000 CA$0.06 CA$222,075
04. Oct 18 Buy Sergio Rivera Individual 26. Sep 18 26. Sep 18 1,799,949 CA$0.05 CA$89,996
25. Sep 18 Buy Tembo Capital Management Ltd Company 24. Sep 18 24. Sep 18 13,499,866 CA$0.05 CA$675,002
25. Sep 18 Buy Tembo Capital Management Ltd Company 21. Sep 18 21. Sep 18 6,500,000 CA$0.06 CA$391,949
27. Sep 18 Buy Greenstone Capital LLP Company 26. Sep 18 26. Sep 18 373,677,049 CA$0.05 CA$18,683,646
01. Oct 18 Buy Colin Kinley Individual 26. Sep 18 26. Sep 18 85,711 CA$0.05 CA$4,286
09. Aug 18 Buy Greenstone Capital LLP Company 09. Aug 18 09. Aug 18 21,883,492 CA$0.12 CA$2,626,014
X
Management checks
We assess Coro Mining'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. Coro Mining 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.

COP News

Simply Wall St News

Can We See Significant Institutional Ownership On The Coro Mining Corp. (TSE:COP) Share Register?

Generally speaking, as a company grows, institutions will increase their ownership. … Coro Mining is a smaller company with a market capitalization of CA$80m, so it may still be flying under the radar of many institutional investors. … Our analysis of the ownership of the company, below, shows that

Simply Wall St -

Have Insiders Been Buying Coro Mining Corp. (TSE:COP) Shares This Year?

So we'll take a look at whether insiders have been buying or selling shares in Coro Mining Corp. … In any event it's generally a positive if insiders are buying shares at around the current price. … In the last twelve months there was more buying than selling by Coro Mining insiders

Simply Wall St -

What Kind Of Shareholders Own Coro Mining Corp (TSE:COP)?

A look at the shareholders of Coro Mining Corp (TSE:COP) can tell us which group is most powerful. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … Coro Mining is a smaller company with a market capitalization of CA$73m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

What You Must Know About Coro Mining Corp's (TSE:COP) Financial Strength

Investors are always looking for growth in small-cap stocks like Coro Mining Corp (TSE:COP), with a market cap of US$65.19m. … However, an important fact which most ignore is: how financially healthy is the business? … the current state of its operations and pathway to profitability.

Simply Wall St -

How Financially Strong Is Coro Mining Corp (TSE:COP)?

Given that COP is not presently profitable, it’s vital to understand the current state of its operations and pathway to profitability. … With this growth in debt, the current cash and short-term investment levels stands at US$2.81M for investing into the business. … Maintaining a high level of debt, while revenues are still below costs, can be dangerous as liquidity tends to dry up in unexpected downturns.Next Steps: At its current level of cash flow coverage, COP has room for improvement to better cushion for events which may require debt repayment.

Simply Wall St -

COP Company Info

Description

Coro Mining Corp. engages in the acquisition, exploration, and exploitation of mineral properties and projects located in Latin America. 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.

Details
Name: Coro Mining Corp.
COP
Exchange: TSX
Founded: 2004
CA$145,538,829
1,455,388,294
Website: http://www.coromining.com
Address: Coro Mining Corp.
Cerro El Plomo 5420,
Suite 1504,
Las Condes,
Region Metropolitana (Santiago), Chile
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX COP Common Shares The Toronto Stock Exchange CA CAD 10. Jul 2007
OTCPK CROJ.F Common Shares Pink Sheets LLC US USD 10. Jul 2007
DB E2E Common Shares Deutsche Boerse AG DE EUR 10. Jul 2007
Number of employees
Current staff
Staff numbers
195
Coro Mining employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:11
End of day share price update: 2019/03/20 00:00
Last earnings filing: 2018/11/12
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.