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NCU

Nevada CopperTSX:NCU Stock Report

Market Cap

CA$122.2m

7D

-13.5%

1Y

-50.8%

Updated

01 Dec, 2021

Data

Company Financials +
NCU fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance2/6
Financial Health1/6
Dividends0/6

NCU Stock Overview

Nevada Copper Corp. engages in the exploration, development, and operation of mineral properties in Nevada.

Price History & Performance

Summary of all time highs, changes and price drops for Nevada Copper
Historical stock prices
Current Share PriceCA$0.64
52 Week HighCA$3.15
52 Week LowCA$0.49
Beta2.11
1 Month Change-20.99%
3 Month Change-28.89%
1 Year Change-50.77%
3 Year Change-83.38%
5 Year Change-91.69%
Change since IPO-94.02%

Recent News & Updates

Shareholder Returns

NCUCA Metals and MiningCA Market
7D-13.5%-2.1%-3.7%
1Y-50.8%2.4%20.6%

Return vs Industry: NCU underperformed the Canadian Metals and Mining industry which returned 2.4% over the past year.

Return vs Market: NCU underperformed the Canadian Market which returned 20.6% over the past year.

Price Volatility

Is NCU's price volatile compared to industry and market?
NCU volatility
NCU Average Weekly Movement17.9%
Metals and Mining Industry Average Movement10.7%
Market Average Movement9.4%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market3.5%

Stable Share Price: NCU is more volatile than 90% of Canadian stocks over the past 3 months, typically moving +/- 18% a week.

Volatility Over Time: NCU's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
n/an/aRandy Buffingtonhttps://www.nevadacopper.com

Nevada Copper Corp. engages in the exploration, development, and operation of mineral properties in Nevada. The company explores for copper, gold, and silver ores. Its holds 100% interests in the Pumpkin Hollow property located in Nevada, the United States.

Nevada Copper Fundamentals Summary

How do Nevada Copper's earnings and revenue compare to its market cap?
NCU fundamental statistics
Market CapUS$95.45m
Earnings (TTM)US$6.84m
Revenue (TTM)n/a

13.5x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NCU income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Expenses-US$6.84m
EarningsUS$6.84m

Valuation

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

13.53x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: NCU is poor value based on its PE Ratio (13.5x) compared to the Canadian Metals and Mining industry average (9.9x).

PE vs Market: NCU is poor value based on its PE Ratio (13.5x) compared to the Canadian market (12.2x).


Price to Earnings Growth Ratio

PEG Ratio: NCU is good value based on its PEG Ratio (0.2x)


Price to Book Ratio

PB vs Industry: NCU is good value based on its PB Ratio (0.2x) compared to the CA Metals and Mining industry average (2.4x).


Future Growth

How is Nevada Copper forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

60.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NCU's forecast earnings growth (60.1% per year) is above the savings rate (1.6%).

Earnings vs Market: NCU's earnings (60.1% per year) are forecast to grow faster than the Canadian market (10.8% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: NCU's revenue (55.2% per year) is forecast to grow faster than the Canadian market (5.6% per year).

High Growth Revenue: NCU's revenue (55.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Past Performance

How has Nevada Copper performed over the past 5 years?

8.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NCU has a high level of non-cash earnings.

Growing Profit Margin: NCU became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: NCU has become profitable over the past 5 years, growing earnings by 8.6% per year.

Accelerating Growth: NCU has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: NCU has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (117%).


Return on Equity

High ROE: NCU's Return on Equity (1.6%) is considered low.


Financial Health

How is Nevada Copper's financial position?


Financial Position Analysis

Short Term Liabilities: NCU's short term assets ($4.0M) do not cover its short term liabilities ($264.2M).

Long Term Liabilities: NCU's short term assets ($4.0M) do not cover its long term liabilities ($172.9M).


Debt to Equity History and Analysis

Debt Level: NCU's net debt to equity ratio (54.7%) is considered high.

Reducing Debt: NCU's debt to equity ratio has reduced from 185.2% to 55.5% over the past 5 years.

Debt Coverage: NCU's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if NCU's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if NCU'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 NCU'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?

1.8yrs

Average management tenure


CEO

Randy Buffington (61 yo)

0.083

Tenure

Mr. Randy Earl Buffington serves as President & Chief Executive Officer at Nevada Copper Corp. since October 06, 2021. He serves as an Independent Director at Chesapeake Gold Corp since January 19, 2021. H...


Leadership Team

Experienced Management: NCU's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: NCU's board of directors are considered experienced (3.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 24.4%.


Top Shareholders

Company Information

Nevada Copper Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Nevada Copper Corp.
  • Ticker: NCU
  • Exchange: TSX
  • Founded: NaN
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$122.187m
  • Shares outstanding: 185.13m
  • Website: https://www.nevadacopper.com

Number of Employees


Location

  • Nevada Copper Corp.
  • 100 West Liberty Street
  • Suite 765
  • Reno
  • Nevada
  • 89501
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/01 00:06
End of Day Share Price2021/11/30 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.