TSXV:MCU

Stock Analysis Report

Executive Summary

Mega Copper Ltd., an exploration stage company, engages in the acquisition, exploration, evaluation, and development of mineral properties primarily in British Columbia, Canada.

Snowflake

Fundamentals

Mediocre balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

MCU

-1.9%

CA Metals and Mining

0.1%

CA Market


1 Year Return

n/a

MCU

11.8%

CA Metals and Mining

1.6%

CA Market

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

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


Shareholder returns

MCUIndustryMarket
7 Day0%-1.9%0.1%
30 Day-25.0%-4.7%-2.9%
90 Day-25.0%-5.0%-1.4%
1 Yearn/a12.7%11.8%5.2%1.6%
3 Yearn/a-11.3%-13.0%13.8%3.7%
5 Year200.0%200.0%6.9%2.8%25.3%7.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

11.17x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate MCU's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate MCU's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

PE vs Market: MCU is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate MCU's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MCU is overvalued based on its PB Ratio (11.2x) compared to the CA Metals and Mining industry average (1.3x).


Next Steps

Future Growth

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

43.4%

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 Mega 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 Mega Copper performed over the past 5 years?

-5.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: MCU is unprofitable, and losses have increased over the past 5 years at a rate of -5.3% per year.

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

Earnings vs Industry: MCU is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-13.7%).


Return on Equity

High ROE: MCU has a negative Return on Equity (-48.6%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: MCU is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: MCU is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Mega Copper's financial position?


Financial Position Analysis

Short Term Liabilities: MCU's short term assets (CA$48.0K) exceeds its short term liabilities (CA$9.3K)

Long Term Liabilities: MCU's short term assets (48.0K) do not cover its long term liabilities (51.8K)


Debt to Equity History and Analysis

Debt Level: MCU's debt to equity ratio (13.4%) is considered satisfactory

Reducing Debt: MCU had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet

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

Debt Coverage by Assets: MCU's debt is not covered by short term assets (assets are 0.9x debt).


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

Forecast Cash Runway: MCU has less than a year of cash runway if free cash flow continues to reduce at historical rates of -12% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%6.0%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

Stable Dividend: Insufficient data to determine if MCU's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MCU'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 MCU's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

What is the CEO of Mega Copper's salary, the management and board of directors tenure and is there insider trading?

7.8yrs

Average management tenure


CEO

Marilyn Miller (49yo)

0yrs

Tenure

0

Ms. Marilyn Miller serves as the Chief Executive Officer and President of La Imperial Resources Inc. Ms. Miller has been the Chief Financial Officer, Principal Accounting Officer, Treasurer and Secretary o ...


Management Age and Tenure

7.8yrs

Average Tenure

Experienced Management: MCU's management team is seasoned and experienced (7.8 years average tenure).


Board Age and Tenure

7.7yrs

Average Tenure

Experienced Board: MCU's board of directors are considered experienced (7.7 years average tenure).


Insider Trading

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


Management Team

  • Verlee Webb (59yo)

    Secretary

    • Tenure: 10.4yrs
  • Patrice Nazareno

    CFO & Director

    • Tenure: 3yrs
  • Marilyn Miller (49yo)

    President

    • Tenure: 0yrs
  • Tena McEachen

    Chief Financial Officer

    • Tenure: 7.8yrs

Board Members

  • Patrice Nazareno

    CFO & Director

    • Tenure: 3yrs
  • Marilyn Miller (49yo)

    President

    • Tenure: 0yrs
  • Greg Schifrin

    Director

    • Tenure: 7.7yrs
  • Gary MacDonald

    Director

    • Tenure: 7.7yrs

Company Information

Mega Copper Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mega Copper Ltd.
  • Ticker: MCU
  • Exchange: TSXV
  • Founded: 2007
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$4.321m
  • Shares outstanding: 36.01m
  • Website: https://null

Location

  • Mega Copper Ltd.
  • 666 Burrard Street
  • Suite 600
  • Vancouver
  • British Columbia
  • V6C 2X8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MCUTSXV (TSX Venture Exchange)YesCommon SharesCACADFeb 2010

Biography

Mega Copper Ltd., an exploration stage company, engages in the acquisition, exploration, evaluation, and development of mineral properties primarily in British Columbia, Canada. The company has an option t ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 00:16
End of Day Share Price2019/10/10 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.