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Carube Copper

TSXV:CUC
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CUC
TSXV
CA$7M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Carube Copper Corp., an exploration stage junior mining company, engages in the identification, acquisition, evaluation, and exploration of mineral properties in Jamaica and Canada. The last earnings update was 85 days ago. More info.


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  • Carube Copper has significant price volatility in the past 3 months.
CUC Share Price and Events
7 Day Returns
-11.1%
TSXV:CUC
-2.4%
CA Metals and Mining
0.6%
CA Market
1 Year Returns
-50%
TSXV:CUC
-7.1%
CA Metals and Mining
3.6%
CA Market
CUC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Carube Copper (CUC) -11.1% -20% 0% -50% -38.5% -
CA Metals and Mining -2.4% -0.5% 8.7% -7.1% -4.2% -18.2%
CA Market 0.6% 1.9% 8.1% 3.6% 14.8% 6.7%
1 Year Return vs Industry and Market
  • CUC underperformed the Metals and Mining industry which returned -7.1% over the past year.
  • CUC underperformed the Market in Canada which returned 3.6% over the past year.
Price Volatility
CUC
Industry
5yr Volatility vs Market

Value

 Is Carube Copper 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 Carube Copper. This is due to cash flow or dividend data being unavailable. The share price is CA$0.04.
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 Carube Copper's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Carube Copper's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:CUC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-11-30) in CAD CA$-0.01
TSXV:CUC Share Price ** TSXV (2019-04-17) in CAD CA$0.04
Canada Metals and Mining Industry PE Ratio Median Figure of 113 Publicly-Listed Metals and Mining Companies 13.52x
Canada Market PE Ratio Median Figure of 554 Publicly-Listed Companies 15.17x

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

** Primary Listing of Carube Copper.

TSXV:CUC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:CUC Share Price ÷ EPS (both in CAD)

= 0.04 ÷ -0.01

-3.59x

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

  • Carube Copper is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Carube Copper is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Carube Copper's expected growth come at a high price?
Raw Data
TSXV:CUC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.59x
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 33 Publicly-Listed Metals and Mining Companies 0.79x
Canada Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.22x

*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 Carube Copper, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Carube Copper's assets?
Raw Data
TSXV:CUC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-11-30) in CAD CA$0.08
TSXV:CUC Share Price * TSXV (2019-04-17) in CAD CA$0.04
Canada Metals and Mining Industry PB Ratio Median Figure of 1,082 Publicly-Listed Metals and Mining Companies 1.35x
Canada Market PB Ratio Median Figure of 2,370 Publicly-Listed Companies 1.51x
TSXV:CUC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:CUC Share Price ÷ Book Value per Share (both in CAD)

= 0.04 ÷ 0.08

0.51x

* Primary Listing of Carube Copper.

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

  • Carube Copper is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Carube Copper'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. Carube Copper has a total score of 1/6, 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.

Future Performance

 How is Carube Copper 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 Carube Copper 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
36.2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Carube Copper expected to grow at an attractive rate?
  • Unable to compare Carube Copper's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Carube Copper's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Carube Copper's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:CUC Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 36.2%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7.1%
Canada Market Earnings Growth Rate Market Cap Weighted Average 18.4%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*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
TSXV:CUC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:CUC Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
TSXV:CUC Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-11-30 -1 -2
2018-08-31 -1 -2
2018-05-31 -1 -2
2018-02-28 -1 -2
2017-11-30 -1 -1
2017-08-31 -1 -1
2017-05-31 -1 -1
2017-02-28 -1 -1
2016-11-30 -1 -1
2016-08-31 -1 -1
2016-05-31 -1 -1
2016-02-29 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Carube Copper is high growth as no earnings estimate data is available.
  • Unable to determine if Carube Copper 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
TSXV:CUC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Carube Copper Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:CUC Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
TSXV:CUC Past Financials Data
Date (Data in CAD Millions) EPS *
2018-11-30 -0.01
2018-08-31 -0.01
2018-05-31 -0.01
2018-02-28 -0.01
2017-11-30 -0.02
2017-08-31 -0.02
2017-05-31 -0.02
2017-02-28 -0.02
2016-11-30 -0.01
2016-08-31 -0.01
2016-05-31 -0.01
2016-02-29 -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 Carube Copper will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Carube Copper's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Carube Copper'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. Carube Copper'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 Carube Copper'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.
Carube Copper 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.

Past Performance

  How has Carube Copper 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 Carube Copper'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.
  • Carube Copper does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Carube Copper's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Carube Copper's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Carube Copper'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 Carube Copper Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:CUC Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-11-30 -1.68 1.02
2018-08-31 -1.73 1.14
2018-05-31 -1.62 1.47
2018-02-28 -1.51 1.41
2017-11-30 -1.48 1.36
2017-08-31 -1.37 1.24
2017-05-31 -1.15 1.01
2017-02-28 -1.16 1.01
2016-11-30 -0.89 0.94
2016-08-31 -0.87 0.92
2016-05-31 -0.89 0.97
2016-02-29 -0.72 0.84
2015-11-30 -0.85 0.82
2015-08-31 -0.74 0.73
2015-05-31 -0.57 0.54
2015-02-28 -0.70 0.61
2014-11-30 -0.84 0.65
2014-08-31 -0.94 0.74
2014-05-31 -0.87 0.67
2014-02-28 -0.68 0.53
2013-11-30 -0.54 0.43
2013-08-31 -0.47 0.33

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

Health

 How is Carube Copper'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 Carube Copper's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Carube Copper is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Carube Copper has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Carube Copper'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.
  • Carube Copper has no debt, it does not need to be covered by short term assets.
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 Carube Copper Company Filings, last reported 4 months ago.

TSXV:CUC Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-11-30 13.37 0.00 0.79
2018-08-31 13.32 0.00 1.22
2018-05-31 14.16 0.00 1.63
2018-02-28 11.45 0.60 0.16
2017-11-30 11.48 0.58 0.01
2017-08-31 11.60 0.64 0.67
2017-05-31 11.64 0.98 1.44
2017-02-28 10.20 1.41 1.15
2016-11-30 9.23 1.37 0.02
2016-08-31 9.33 1.34 0.13
2016-05-31 9.01 1.41 0.03
2016-02-29 9.13 1.35 0.02
2015-11-30 9.20 1.33 0.06
2015-08-31 9.33 1.29 0.34
2015-05-31 5.65 0.82 0.05
2015-02-28 5.54 0.81 0.01
2014-11-30 5.30 0.82 0.02
2014-08-31 5.31 0.80 0.01
2014-05-31 5.54 0.93 0.01
2014-02-28 5.66 0.84 0.02
2013-11-30 4.17 0.53 0.00
2013-08-31 4.17 0.53 0.00
  • Carube Copper has no debt.
  • Carube Copper has no debt compared to 5 years ago when it was 12.8%.
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.

  • Carube Copper has less than a year of cash runway based on current free cash flow.
  • Carube Copper has less than a year of cash runway if free cash flow continues to reduce at historical rates of -1% each year.
X
Financial health checks
We assess Carube Copper'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. Carube Copper has a total score of 4/6, 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.

Dividends

 What is Carube Copper'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 Carube Copper dividends.
If you bought CA$2,000 of Carube Copper 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 Carube Copper's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Carube Copper'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
TSXV:CUC 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 1.1%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
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.

TSXV:CUC Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts

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

  • Unable to perform a dividend volatility check as Carube Copper has not reported any payouts.
  • Unable to verify if Carube Copper's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Carube Copper's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Carube Copper 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 Carube Copper's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - 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 Carube Copper afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Carube Copper 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.

Management

 What is the CEO of Carube Copper'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
Steve Hughes
COMPENSATION CA$249,996
AGE 48
TENURE AS CEO 0.7 years
CEO Bio

Mr. Stephen Gregory Hughes, also known as Steve, has been f President and Chief Executive Officer at Carube Copper Corp. since August 1, 2018. Mr. Hughes has been Consultant and Advisor of Asiamet Resources Limited (Formerly, Kalimantan Gold Corporation Limited) since May 24, 2018. Mr. Hughes has been a Director of Carube Copper Corp. since May 24, 2018. Mr. Hughes served as Vice President of Exploration at Asiamet Resources Limited (Formerly, Kalimantan Gold Corporation Limited) from January 12, 2015 to May 24, 2018 and served as its Director from April 15, 2014 to May 24, 2018. Mr. Hughes is a geologist with over 20 years technical and management experience in copper-gold exploration and open pit and underground mine geology. He is recognized in Indonesia as a leading expert on copper-gold systems and has evaluated more than 30 copper-gold deposits across Indonesia and the Philippines. His experience includes 12 years with Freeport-McMoRan Copper & Gold, managing their regional exploration activities and underground mine geology group and he was also involved in the Grasberg open pit mine geology operations. He joined Oxiana Limited / OZ Minerals as Exploration Manager in 2007, focused on growing it through exploration and acquisition of advanced copper-gold opportunities in Indonesia. Mr. Hughes is based in Jakarta Indonesia, as a key member of the Tigers Realm Group's copper-gold management team, where he is responsible for identifying, acquiring and developing high quality mineral resource and energy assets. Mr. Hughes serves as a Director of PT Emas Mineral Murni, a private Indonesian mining and exploration company. Mr. Hughes has not held any other directorships or partnership positions in the last 5 years. He holds an honours degree in geology from Saint Mary's University in Nova Scotia.

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

Average tenure and age of the Carube Copper management team in years:

1.1
Average Tenure
49.5
Average Age
  • The average tenure for the Carube Copper management team is less than 2 years, this suggests a new team.
Management Team

Steve Hughes

TITLE
President
COMPENSATION
CA$250K
AGE
48
TENURE
0.7 yrs

John McNeice

TITLE
Chief Financial Officer
COMPENSATION
CA$120K
AGE
51
TENURE
3.8 yrs

Jeff Ackert

TITLE
Vice President of Business Development
COMPENSATION
CA$108K
AGE
60
TENURE
1.1 yrs

Chris Irwin

TITLE
Corporate Secretary
AGE
44
Board of Directors Tenure

Average tenure and age of the Carube Copper board of directors in years:

1.3
Average Tenure
58
Average Age
  • The average tenure for the Carube Copper board of directors is less than 3 years, this suggests a new board.
Board of Directors

Tony Manini

TITLE
Chairman of the Board
AGE
55
TENURE
1.3 yrs

Steve Hughes

TITLE
President
COMPENSATION
CA$250K
AGE
48
TENURE
0.9 yrs

Alar Soever

TITLE
Director
AGE
60
TENURE
8.9 yrs

Yale Simpson

TITLE
Director
AGE
70
TENURE
1.8 yrs

Zimi Meka

TITLE
Director
AGE
58
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Carube Copper insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
09. Apr 19 Buy Stephen Hughes Individual 09. Apr 19 09. Apr 19 500,000 CA$0.05 CA$22,500
24. Feb 19 Buy Antony Manini Individual 24. Feb 19 24. Feb 19 15,733 CA$0.05 CA$787
11. Feb 19 Buy Antony Manini Individual 11. Feb 19 11. Feb 19 4,625,366 CA$0.05 CA$231,266
25. Dec 18 Buy Antony Manini Individual 12. Dec 18 12. Dec 18 517,499 CA$0.05 CA$25,875
30. Nov 18 Sell Parviz Farsangi Individual 27. Nov 18 27. Nov 18 -61,666 CA$0.04 CA$-2,756
19. Oct 18 Buy Stephen Hughes Individual 16. Oct 18 19. Oct 18 873,000 CA$0.06 CA$54,097
20. Sep 18 Buy Antony Manini Individual 19. Sep 18 19. Sep 18 240,000 CA$0.06 CA$14,400
16. Aug 18 Buy Antony Manini Individual 15. Aug 18 15. Aug 18 300,000 CA$0.06 CA$19,500
09. Jul 18 Sell Antony Manini Individual 04. Jul 18 04. Jul 18 -900,000 CA$0.07 CA$-63,000
09. Jul 18 Buy Antony Manini Individual 04. Jul 18 04. Jul 18 900,000 CA$0.07 CA$63,000
26. Jun 18 Buy Antony Manini Individual 26. Jun 18 26. Jun 18 180,000 CA$0.07 CA$12,600
10. May 18 Sell Vernon Rampton Individual 08. May 18 08. May 18 -150,000 CA$0.07 CA$-10,500
X
Management checks
We assess Carube Copper'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. Carube Copper 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.

News

Simply Wall St News

How Much Are Carube Copper Corp. (CVE:CUC) Insiders Spending On Buying Shares?

So shareholders might well want to know whether insiders have been buying or selling shares in Carube Copper Corp. … Nonetheless, we consider it positive if insiders want to buy at around the current share price. … These transactions suggest that insiders have considered the current price of CA$0.05 attractive.

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Do Institutions Own Carube Copper Corp (CVE:CUC) Shares?

If you want to know who really controls Carube Copper Corp (CVE:CUC), then you'll have to look at the makeup of its share registry. … With a market capitalization of CA$7.7m, Carube Copper is a small cap stock, so it might not be well known by many institutional investors. … See our latest analysis for Carube Copper

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What You Must Know About Carube Copper Corp's (CVE:CUC) Major Investors

I am going to take a deep dive into Carube Copper Corp’s (CVE:CUC) most recent ownership structure, not a frequent subject of discussion among individual investors. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … While these are more of a long-term investor’s concern, short-term investors may find the impact of institutional trading overwhelming enough to lose out on what could be a potential opportunity.

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Who Really Owns Carube Copper Corp (CVE:CUC)?

See our latest analysis for Carube Copper TSXV:CUC Ownership_summary Jun 4th 18 Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … A major group of owners of CUC is individual insiders, sitting with a hefty 10.74% stake in the company. … Private Company Ownership Another group of owners that a potential investor in CUC should consider are private companies, with a stake of 2.60%.

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Before You Buy Carube Copper Corp's (CVE:CUC), Consider This

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … A market capitalisation of CA$13.42M puts CUC in the category of small-cap stocks, which tends to possess higher beta than larger companies. … Therefore, this is a type of risk which is associated with higher beta.

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What does Carube Copper Corp's (CVE:CUC) Balance Sheet Tell Us About Its Future?

Moving onto cash from operations, its operating cash flow is not yet significant enough to calculate a meaningful cash-to-debt ratio, indicating that operational efficiency is something we’d need to take a look at. … CUC’s level of debt is low relative to its total equity, at 5.20%. … CUC's risk around capital structure is almost non-existent, and the company has the headroom and ability to raise debt should it need to in the future.Next Steps: Although CUC’s debt level is relatively low, its cash flow levels still could not copiously cover its borrowings.

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Company Info

Description

Carube Copper Corp., an exploration stage junior mining company, engages in the identification, acquisition, evaluation, and exploration of mineral properties in Jamaica and Canada. The company owns 11 copper and gold exploration licenses in Jamaica covering an area of 535 square kilometers. It primarily holds interest in the Bellas Gate project that consists of Bellas Gate and Browns Hall special exclusive prospecting licenses covering an area of 84 square kilometers located in Jamaica. The company was formerly known as Carube Resources Inc. and changed its name to Carube Copper Corp. in June 2015. Carube Copper Corp. is based in Toronto, Canada.

Details
Name: Carube Copper Corp.
CUC
Exchange: TSXV
Founded:
CA$6,826,143
170,653,596
Website: http://www.carubecopper.com
Address: Carube Copper Corp.
365 Bay Street,
Suite 400,
Toronto,
Ontario, M5H 2V1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV CUC Common Shares TSX Venture Exchange CA CAD 26. Jun 2015
OTCPK CARC.F Common Shares Pink Sheets LLC US USD 26. Jun 2015
Number of employees
Current staff
Staff numbers
0
Carube Copper employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 00:25
End of day share price update: 2019/04/17 00:00
Last estimates confirmation: 2016/12/01
Last earnings filing: 2019/01/24
Last earnings reported: 2018/11/30
Last annual earnings reported: 2018/08/31


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.