TSXV:CUC

Stock Analysis Report

Executive Summary

Carube Copper Corp., an exploration stage junior mining company, engages in the identification, acquisition, evaluation, and exploration of mineral properties in Jamaica and Canada.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Carube Copper's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CUC's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

9.1%

CUC

-1.5%

CA Metals and Mining

-3.8%

CA Market


1 Year Return

9.1%

CUC

4.9%

CA Metals and Mining

0.5%

CA Market

Return vs Industry: CUC exceeded the Canadian Metals and Mining industry which returned 4.9% over the past year.

Return vs Market: CUC exceeded the Canadian Market which returned 0.5% over the past year.


Shareholder returns

CUCIndustryMarket
7 Day9.1%-1.5%-3.8%
30 Day0%3.2%-2.0%
90 Day50.0%10.2%-0.3%
1 Year9.1%9.1%5.6%4.9%3.7%0.5%
3 Year-40.0%-40.0%-1.9%-3.6%13.6%3.4%
5 Yearn/a28.2%24.6%30.2%11.2%

Price Volatility Vs. Market

How volatile is Carube Copper's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

0.94x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: CUC is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: CUC 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 CUC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CUC is good value based on its PB Ratio (0.9x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

How is Carube Copper forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.7%

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 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 SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Carube Copper performed over the past 5 years?

-24.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CUC is currently unprofitable.

Growing Profit Margin: CUC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CUC is unprofitable, and losses have increased over the past 5 years at a rate of -24.3% per year.

Accelerating Growth: Unable to compare CUC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CUC is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.8%).


Return on Equity

High ROE: CUC has a negative Return on Equity (-19.79%), as it is currently unprofitable.


Next Steps

Financial Health

How is Carube Copper's financial position?


Financial Position Analysis

Short Term Liabilities: CUC's short term assets (CA$263.7K) exceed its short term liabilities (CA$203.3K).

Long Term Liabilities: CUC has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: CUC is debt free.

Reducing Debt: CUC has no debt compared to 5 years ago when its debt to equity ratio was 15.5%.


Balance Sheet

Inventory Level: CUC has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if CUC's debt is covered by short term assets.


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: CUC has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: CUC has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.9% each year.


Next Steps

Dividend

What is Carube Copper's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

3.1yrs

Average management tenure


CEO

Steve Hughes (49yo)

1.5yrs

Tenure

CA$250,000

Compensation

Mr. Stephen Gregory Hughes, also known as Steve, has been President and Chief Executive Officer at Carube Copper Corp. since August 1, 2018 and has been its Director since May 24, 2018. Mr. Hughes serves a ...


CEO Compensation Analysis

Compensation vs Market: Steve's total compensation ($USD188.14K) is about average for companies of similar size in the Canadian market ($USD155.12K).

Compensation vs Earnings: Steve's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Stephen Hughes
President1.5yrsCA$250.00k1.23% CA$166.4k
John McNeice
Chief Financial Officer4.7yrsCA$93.02k0.61% CA$82.6k
Shannon Baird
Exploration Manager3.1yrsno datano data
Christopher Irwin
Corporate Secretary0yrsno datano data

3.1yrs

Average Tenure

49yo

Average Age

Experienced Management: CUC's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Stephen Hughes
President1.5yrsCA$250.00k1.23% CA$166.4k
Yale Simpson
Independent Director2.7yrsno data0.18% CA$24.9k
Alar Soever
Independent Director9.8yrsno data0.80% CA$109.1k
Antony Manini
Independent Chairman of the Board2.1yrsno data3.72% CA$505.2k
Lulezim Meka
Independent Director1.8yrsno data2.8% CA$379.4k

2.1yrs

Average Tenure

59yo

Average Age

Experienced Board: CUC's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: CUC 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 14.1%.


Top Shareholders

Company Information

Carube Copper Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Carube Copper Corp.
  • Ticker: CUC
  • Exchange: TSXV
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$13.566m
  • Shares outstanding: 226.11m
  • Website: https://www.carubecopper.com

Location

  • Carube Copper Corp.
  • 133 Richmond Street West
  • Suite 501
  • Toronto
  • Ontario
  • M5H 2L3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CUCTSXV (TSX Venture Exchange)YesCommon SharesCACADJun 2015
CARC.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJun 2015

Biography

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. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 01:53
End of Day Share Price2020/02/25 00:00
Earnings2019/11/30
Annual Earnings2019/08/31


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.