Marimaca Copper Corp.
TSX:MARI Stock Report
Marimaca Copper Past Earnings Performance Marimaca Copper has been growing earnings at an average annual rate of 15.1%, while the Metals and Mining industry saw earnings growing at 21.6% annually.
Key information
15.1%
Earnings growth rate
Metals and Mining Industry Growth 27.4% Revenue growth rate n/a Return on equity -7.8% Net Margin n/a Last Earnings Update 30 Jun 2024
Recent past performance updates
Show all updates
Non-Executive Chairman recently bought CA$54k worth of stock Oct 02
Non-Executive Chairman recently bought CA$88k worth of stock Sep 12
New minor risk - Profitability Sep 11
Marimaca Copper Corp. Announces Further Results from Channel Sampling Completed at the Mercedes Satellite Target Sep 04
New minor risk - Shareholder dilution Aug 11 Marimaca Copper Corp. announced that it has received CAD 30.2625 million in funding from Assore International Holdings Limited and another investor Marimaca Copper Corp. announced that it has received CAD 30.2625 million in funding from Assore International Holdings Limited Aug 08
Marimaca Copper Corp. announced that it expects to receive CAD 30.2625 million in funding from Assore International Holdings Limited and another investor Jul 16
Marimaca Copper Corp. Announce Results from Channel Sampling Completed At the Mercedes Target, Located Approximately 400M-1,000M North of the Marimaca Oxide Deposit Jul 03 Marimaca Copper Corp. has filed a Follow-on Equity Offering in the amount of CAD 20 million. May 23
Insufficient new directors May 01
New major risk - Financial position Apr 30
Companies Like Marimaca Copper (TSE:MARI) Are In A Position To Invest In Growth Apr 29
Marimaca Copper Corp. Provides Project Development and Exploration Update Apr 15
New major risk - Financial position Mar 27
Marimaca Copper Corp., Annual General Meeting, May 23, 2024 Mar 23
Marimaca Copper Corp. Announces 2024 Regional Exploration Strategy - Sierra De Medina Feb 29
Marimaca Copper Corp. Appoints Solange González as General Counsel and Corporate Secretary Feb 21
Marimaca Copper Corp. Announces Laura Rich Stepping Down as the Company's General Counsel, Company Secretary and Chief Sustainability Officer Feb 03
Marimaca Copper Corp. Announces Completion of the Infrastructure Condemnation Drilling Program Jan 15
Vice President of Exploration exercised options to buy CA$187k worth of stock. Jan 06
Marimaca Copper Corp. Announces Results from Phase 6 Metallurgical Program Nov 07
Marimaca Copper Corp. Appoints Giancarlo Bruno Lagomarsino as Non-Executive Director Nov 02
Lead Independent Director exercised options to buy CA$391k worth of stock. Oct 20
Marimaca Copper Corp. Announces Results from Eastern MOD Diamond Exploration Drilling Jul 28
New minor risk - Shareholder dilution Jul 23 Marimaca Copper Corp. announced that it has received CAD 19.999999 million in funding from Mitsubishi Corporation Jul 13
Marimaca Copper Corp. announced that it expects to receive CAD 19.999999 million in funding from Mitsubishi Corporation Jun 23
Marimaca Copper Corp. announced that it expects to receive CAD 19.999999 million in funding from Mitsubishi Corporation Jun 22
Marimaca Copper Corp. Announces Updated Mineral Resource Estimate for the Marimaca Oxide Deposit May 19 Marimaca Copper Corp. Announces Appointment of José Antonio Merino as Managing Director, Chile
Marimaca Copper Corp. Announces the Results of Assays for Gold and Silver from Hole MAD-22 and to Outline the First Phase of Follow-Up Drilling of the Exciting New Sulphide Target Feb 16
Marimaca Copper Corp. Announces Final Diamond Drilling Results from the 2022 Geological and Geotechnical Drilling Campaign Feb 07
Marimaca Copper Corp. Announces the Final Reverse Circulation Drill Results from the 2022 Infill Drilling Campaign Jan 24
Marimaca Copper Corp. Reports Primary Sulphide Intercept of 92M At 2.11% Cut from 140M, Including 22M At 5.27% Cut from 204M, Within 240M of 1.01% Cut from Surface Combined Oxides and Sulphides Dec 16
Marimaca Reports Further Positive Higher-Grade Results from Northern MOD Infill Drilling Dec 06
Marimaca Copper Corp. Files Technical Report on Update Mineral Resource Estimation Nov 29 Marimaca Copper Corp. Announces Further Results from 2022 Infill and Extensional Drilling Campaign at Marimaca Oxide Deposit
Marimaca Copper Corp Announces an Updated Mineral Resource Estimate for the Marimaca Oxide Deposit Located in the Antofagasta Region of Northern Chile Oct 14
Marimaca Copper Corp. Announces Infill Drilling Results Further Confirming Consistency of Mineralization At the Mod Sep 08
Marimaca Copper Corp. Provides Progress Update at the Marimaca Copper Project Aug 23
Marimaca Copper Corp Announces Results from the 2022 Infill and Extensional Drilling Campaign Jul 21
Marimaca Announces Positive Final Results from the Phase 5 Metallurgical Program At the Marimaca Oxide Deposit Jun 16
Marimaca Copper Corp. Announces Positive Infill Drilling Continues At the Marimaca Oxide Deposit Jun 14
Marimaca Copper Corp Announces Results from the First Five Reverse Circulation Drill Holes May 20
We're Keeping An Eye On Marimaca Copper's (TSE:MARI) Cash Burn Rate May 18
Marimaca Copper Corp. Continues to Encounter Higher Grades and Extend Mineralized Envelope At the Marimaca Oxide Deposit May 12
Marimaca Copper Corp. Identifies New Targets for District Exploration Apr 22
Marimaca Copper Corp. Announces Infill Drilling Extends Copper Oxide Mineralization At the Marimaca Oxide Deposit Mar 29
5Q SpA entered into a binding agreement to acquire Ivan SX-EW Processing Plant and associated mining claims from Marimaca Copper Corp. (TSX:MARI) for $17 million. Mar 06
Marimaca Copper Corp. Announces That the Company's 22,500m Infill Drilling Campaign At the Marimaca Oxide Deposit Has Commenced Feb 10
Marimaca Copper Corp. Announces Exploration Targets for Depth Extensions of the MOD and Near-Pit Oxide Satellites Jan 22
Marimaca Reports Positive Metallurgical Results from Variability Testing Program Dec 01
Chief Operating Officer exercised options to buy CA$195k worth of stock. Oct 23
Marimaca Copper Corp. Makes New Shallow Oxide Copper Discovery At Mercedes Sep 10 Marimaca Copper Corp. Extends Strike Potential At Cindy
Marimaca’s Roble Target Continues to Show Significant Potential Jul 02
Marimaca Copper Corp. Intersects Significant Near Surface Copper Oxides At Cindy Jun 16
Marimaca Reports Encouraging Underground Channel Sample Results from the Cindy Target May 20
Marimaca Copper Corp. Announces Results from the Remaining Drill Holes Completed to Test the Extensions of Mineralization Below the Marimaca Oxide Deposit May 06
Director of Corporate Affairs has left the company Apr 30
Chief Financial Officer has left the company Apr 30
Marimaca Copper Corp. Announces Results of Induced Polarization Surveys Completed At the Mercedes and Cindy Targets Mar 04
Marimaca Copper Corp. announced that it has received CAD 30.945001 million in funding Mar 03
Marimaca Copper Corp. announced that it expects to receive CAD 30.945001 million in funding Feb 24
New 90-day high: CA$3.89 Feb 20
Marimaca Copper Corp. Identifies Large Surface Geochemical Anomaly At Cindy Target Feb 18
Marimaca Copper Corp Appoints Clive Newall as Non-Executive Director Feb 04
Marimaca Copper Corp. Announces Significant IP Anomaly Identified At Marimaca Copper Project Feb 03
New 90-day low: CA$3.10 Jan 30
Marimaca Copper Corp. Announces 2021 Exploration Program Starts and Drill Rigs Mobilized Jan 13
Marimaca Copper Corp. has completed a Composite Units Offering in the amount of CAD 25.2 million. Dec 04
Marimaca Copper Corp. Receives Final Documentation for Upcoming Drilling Program Nov 26
New 90-day high: CA$3.60 Nov 11
Chief Financial Officer recently bought CA$53k worth of stock Nov 04
New 90-day high: CA$3.54 Oct 16
Marimaca Copper Provides an Update on Its Exploration Work in the New Marimaca Copper District Oct 15
Marimaca Copper Corp. Announces Results of High Resolution, Drone Mounted, Magnetic Survey in the District Surrounding the Company's Marimaca Copper Project in Chile Sep 24
New 90-day high - CA$3.30 Aug 04
Coro Mining Corp. (TSX:COP) acquired the remaining 49% stake in Marimaca 1-23 claim from local family owners. Jul 30
Revenue & Expenses Breakdown
How Marimaca Copper makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History TSX:MARI Revenue, expenses and earnings (USD Millions) Date Revenue Earnings G+A Expenses R&D Expenses 30 Jun 24 0 -7 6 0 31 Mar 24 0 -9 7 0 31 Dec 23 0 -7 6 0 30 Sep 23 0 -4 6 0 30 Jun 23 0 -5 7 0 31 Mar 23 0 -4 6 0 31 Dec 22 0 -5 7 0 30 Sep 22 0 -10 10 0 30 Jun 22 0 -12 12 0 31 Mar 22 0 -17 17 0 31 Dec 21 0 -17 17 0 30 Sep 21 0 -15 15 0 30 Jun 21 0 -13 13 0 31 Mar 21 0 3 8 0 31 Dec 20 0 3 6 0 30 Sep 20 0 1 5 0 30 Jun 20 0 1 5 0 31 Mar 20 0 -14 5 0 31 Dec 19 0 -15 6 0 30 Sep 19 0 -22 6 0 30 Jun 19 0 -25 6 0 31 Mar 19 0 -25 6 0 31 Dec 18 0 -24 5 0 30 Sep 18 0 -25 4 0 30 Jun 18 0 -20 3 0 31 Mar 18 0 -16 3 0 31 Dec 17 0 -14 2 0 30 Sep 17 0 -3 3 0 30 Jun 17 0 -4 4 0 31 Mar 17 0 -4 4 0 31 Dec 16 0 -4 4 0 30 Sep 16 0 -3 3 0 30 Jun 16 0 -2 1 0 31 Mar 16 0 -1 1 0 31 Dec 15 0 -1 1 0 30 Sep 15 0 -13 1 0 30 Jun 15 0 -13 0 0 31 Mar 15 0 -13 1 0 31 Dec 14 0 -14 2 0 30 Sep 14 0 -19 0 0 30 Jun 14 0 -20 0 0 31 Mar 14 0 -17 0 0
Quality Earnings: MARI is currently unprofitable.
Growing Profit Margin: MARI is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MARI is unprofitable, but has reduced losses over the past 5 years at a rate of 15.1% per year.
Accelerating Growth: Unable to compare MARI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MARI is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (18%).
Return on Equity
High ROE: MARI has a negative Return on Equity (-7.76%), as it is currently unprofitable.
Return on Capital Employed
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