TSXV:FCO

Stock Analysis Report

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Executive Summary

Fabled Copper Corp., a development stage company, engages in the acquisition and exploration of mineral properties.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

FCO

-10.3%

CA Metals and Mining

1.0%

CA Market


1 Year Return

n/a

FCO

41.1%

CA Metals and Mining

-2.7%

CA Market

Return vs Industry: Insufficient data to determine how FCO performed against the Canadian Metals and Mining industry.

Return vs Market: Insufficient data to determine how FCO performed against the Canadian Market.


Shareholder returns

FCOIndustryMarket
7 Day0%-10.3%1.0%
30 Day0%1.8%6.4%
90 Day55.6%14.7%15.5%
1 Yearn/a42.2%41.1%0.6%-2.7%
3 Yearn/a50.2%47.2%12.4%1.7%
5 Yearn/a140.5%133.3%36.3%15.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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


In this section, we usually try to help investors determine whether Fabled Copper is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Fabled Copper has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of FCO's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Fabled Copper regulatory filings.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

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

24.7%

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 Fabled 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 Fabled Copper performed over the past 5 years?

-64.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FCO is currently unprofitable.

Growing Profit Margin: FCO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FCO is unprofitable, and losses have increased over the past 5 years at a rate of 64% per year.

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

Earnings vs Industry: FCO is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-13.1%).


Return on Equity

High ROE: FCO's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Fabled Copper's financial position?


Financial Position Analysis

Short Term Liabilities: FCO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: FCO has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: FCO has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: FCO's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: FCO has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: FCO is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if FCO'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 FCO'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

Peter Hawley (63 yo)

0.083

Tenure

Mr. Peter J. Hawley, B.Sc., BEng, M.Sc., P.Geo., serves as President Chief Executive Officer and Director at Fabled Copper Corp. since July 07, 2020. He has been Advisor of Lucky Minerals Inc. since March ...


Leadership Team

NamePositionTenureCompensationOwnership
Peter Hawley
President0.083yrno datano data
Rodney Reum
Chief Financial Officer1.75yrsCA$240.00k0.74%
CA$ 24.4k
Eugene Hodgson
no dataCA$1.81mno data
John Kowalchuk
VP of Exploration & Technical Advisor1.92yrsno datano data
Ganbold Dogsom
Chief Business Development Officer1.33yrsno datano data
Andrew Hunter
Corporate Secretary1.92yrsno data0.14%
CA$ 4.5k

1.8yrs

Average Tenure

63yo

Average Age

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


Board Members

NamePositionTenureCompensationOwnership
Peter Hawley
President0.083yrno datano data
Luc Pelchat
Independent Director1.92yrsCA$60.00kno data
David Smalley
Independent Lead Director1.92yrsCA$92.76k12.19%
CA$ 399.4k
Michael Harrison
Director1.92yrsno data10.54%
CA$ 345.5k
John Harper
Independent Chairman of the Board1.17yrsno datano data

1.9yrs

Average Tenure

61.5yo

Average Age

Experienced Board: FCO's board of directors are not considered experienced ( 1.9 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Fabled Copper Corp.
  • Ticker: FCO
  • Exchange: TSXV
  • Founded:
  • Industry: Copper
  • Sector: Materials
  • Market Cap: CA$3.277m
  • Shares outstanding: 46.81m
  • Website: https://www.fabledcopper.com

Location

  • Fabled Copper Corp.
  • 1066 West Hastings Street
  • Suite 2300
  • Vancouver
  • British Columbia
  • V6E 3X2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FCOTSXV (TSX Venture Exchange)YesCommon SharesCACADOct 2018

Biography

Fabled Copper Corp., a development stage company, engages in the acquisition and exploration of mineral properties. It primarily explores for copper deposits. The company has an option agreement to acquire ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/13 01:08
End of Day Share Price2020/07/14 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.