Doré Copper Mining Balance Sheet Health

Financial Health criteria checks 5/6

Doré Copper Mining has a total shareholder equity of CA$10.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$12.1M and CA$2.1M respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$4.82m
Equity	CA$9.96m
Total liabilities	CA$2.15m
Total assets	CA$12.11m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: DCMC's short term assets (CA$5.0M) exceed its short term liabilities (CA$2.1M).

Long Term Liabilities: DCMC has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: DCMC is debt free.

Reducing Debt: DCMC has no debt compared to 5 years ago when its debt to equity ratio was 40.6%.

Balance Sheet

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: DCMC has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: DCMC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.6% each year

Doré Copper Mining Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Recent updates

Cygnus Metals Limited (ASX:CY5) agreed to acquire Doré Copper Mining Corp. (TSXV:DCMC) from Equinox Partners Investment Management LLC, Ocean Partners Holdings Limited, management and others for CAD 23.01 million in a merger of equals transaction.

Cygnus Metals Limited (ASX:CY5) agreed to acquire Doré Copper Mining Corp. (TSXV:DCMC) from Equinox Partners Investment Management LLC, Ocean Partners Holdings Limited, management and others for CAD 23.01 million in a merger of equals transaction.

New major risk - Shareholder dilution

Doré Copper Mining Corp. announced that it has received CAD 4.6759 million in funding from Ocean Partners UK Limited, Equinox Partners Investment Management LLC

Doré Copper Mining Corp. announced that it expects to receive CAD 4.62 million in funding

New major risk - Market cap size

Doré Copper Mining Corp. Confirms Copper Mineralization on Its Cedar Bay Southwest Extension

Doré Copper Mining Corp., Annual General Meeting, Jun 20, 2024

New major risk - Financial position

Dore Copper Mining Corp. Identifies Gold Exploration Potential at Norhart Zone, Just North of the Former Joe Mann Mine

President exercised options to buy CA$50k worth of stock.

New major risk - Shareholder dilution

New major risk - Market cap size

Doré Copper Mining Corp. has filed a Follow-on Equity Offering in the amount of $3.96 million.

Doré Copper Mining Corp. has filed a Follow-on Equity Offering in the amount of $3.96 million.

Doré Copper Mining Corp. Reports Excellent Concentrate Grades and Recoveries with Low Impurity Element Concentrations from Flotation Tests at its Corner Bay Project

Doré Copper Mining Corp. Reports Exploration Drill Results At the Gwillim and Jaculet Projects

New major risk - Financial position

Dore Copper Mining Corp. Provides Update on Its Project Activities

Doré Copper Mining Corp. announced that it has received CAD 2.801125 million in funding from Equinox Partners Investment Management LLC, 1974899 Ontario Ltd

Dore Copper Mining Corp. Reports High-Grade Gold Mineralization At Gwillim Including 9.67 G/T Au over 5.3 Metres

Doré Copper Mining Corp. announced that it expects to receive CAD 3.003126 million in funding

Insufficient new directors

Doré Copper Mining Corp. Announces the Final Results from 2022 Drilling Program on Corner Bay Property, Located in the Chibougamau Mining Camp, Approximately 40 Kilometers by Road from Chibougamau, Québec

Price target decreased to CA$1.60

Price target decreased to CA$1.60

Doré Copper Mining Corp. announced that it has received CAD 5.750115 million in funding

Doré Copper Mining Corp. announced that it expects to receive CAD 5.0001 million in funding

Doré Copper Mining Corp. Announces its Drilling Plans for Joe Mann and Doré Ramp Exploration Target

Doré Copper Appoints Mr. Nicholas (Nick) Kwong as Chief Operating Officer

Doré Copper Mining Corp. Announces the Second Set of Results from Its 2022 Drilling Program of 45,000 Meters At Its Corner Bay Property

Doré Copper Mining Corp. Reports High-Grade Copper Results from 2022 Infill Drilling Program at its Corner Bay Copper-Gold Project

Executive Chairman of the Board recently bought CA$53k worth of stock

Doré Copper Announces Positive Preliminary Economic Assessment for Restarting Chibougamau Mining Camp

Price target decreased to CA$2.30

High number of new and inexperienced directors

Doré Copper Mining Corp., Annual General Meeting, Jun 23, 2022

Doré Copper Mining Corp. Reports High-Grade Gold Mineralization at Gwillim

Price target decreased to CA$2.30

Doré Copper Mining Corp. Reports More High-Grade Copper Results from Expansion Drilling At Its Corner Bay Copper-Gold Project

Doré Copper Mining Corp. Announces 2022 Drilling Program At Flagship Corner Bay and Devlin Projects

Doré Copper Mining Corp. Announces Additional Results from its 2021 Drilling Campaign at its Corner Bay Property

Doré Copper Mining Corp. Announces Positive Ore Sorting Test for Corner Bay Mineralized Material

Doré Copper Mining Corp. announced that it has received CAD 14.63609 million in funding

Doré Copper Mining Corp. announced that it expects to receive CAD 13.00004 million in funding

Doré Copper Mining Corp. Intersects 5.5 Meters at 3.46% Copper and 0.25 G/T Gold at Corner Bay - Extending Deposit Along Strike by 200 Metres

Doré Copper Mining Corp. (TSXV:DCMC) acquired Cornerback Property from Vanadiumcorp Resource Inc. (TSXV:VRB) for CAD 0.5 million.

Doré Copper Announces Its Preparation Plans to Dewater the Former Joe Mann Gold Mine and Cedar Bay Copper-Gold Mine

Doré Copper Announces Its Preparation Plans to Dewater the Former Joe Mann Gold Mine and Cedar Bay Copper-Gold Mine

Doré Copper Mining Corp. announced that it has received CAD 10.9989 million in funding

Doré Copper Mining Corp. announced that it expects to receive £9.999 million in funding

Doré Copper Reports Positive 2020 Drilling Results from Joe Mann Property

New 90-day high: CA$0.89

New 90-day low: CA$0.57

New 90-day low: CA$0.70

Doré Copper Stepout Drilling Extends Corner Bay Mineralization by 125 Meters Intersecting 6.45 Meters at 4.1% Copper and 0.38 g/t Gold

Doré Copper Mining Corp. announced that it has received CAD 3.121477 million in funding

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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