Chakana Copper Balance Sheet Health

Financial Health criteria checks 4/6

Chakana Copper has a total shareholder equity of CA$3.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$4.3M and CA$751.9K respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$974.65k
Equity	CA$3.60m
Total liabilities	CA$751.88k
Total assets	CA$4.35m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 1ZX's short term assets (CA$1.1M) exceed its short term liabilities (CA$460.4K).

Long Term Liabilities: 1ZX's short term assets (CA$1.1M) exceed its long term liabilities (CA$291.5K).

Debt to Equity History and Analysis

Debt Level: 1ZX is debt free.

Reducing Debt: 1ZX has not had any debt for past 5 years.

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: 1ZX has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 1ZX has less than a year of cash runway if free cash flow continues to grow at historical rates of 13% each year.

Chakana Copper Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Chakana Copper Corp. Auditor Raises 'Going Concern' Doubt

Recent updates

New major risk - Shareholder dilution

New major risk - Shareholder dilution

Insufficient new directors

Chakana Copper Corp. announced that it has received CAD 3.000034 million in funding from Gold Fields Nazca Holdings Inc.

Chakana Copper Corp. announced that it expects to receive CAD 2.2 million in funding

Chakana Copper Corp., Annual General Meeting, Nov 21, 2023

Chakana Copper Corp. Receives Final Approval to Drill Mega-Gold, La Joya, and Other High-Priority Targets - Soledad Project, Peru

Chakana Copper Corp. Provides Project Update and Initiates Geometallurgical Study At the Soledad Project, Peru

Chakana Copper Corp., Annual General Meeting, Nov 17, 2022

Chakana Copper Corp. announced that it has received CAD 6.241355 million in funding from Gold Fields Nazca Holdings Inc.

Chakana Copper Corp. Provides Exploration Update and Resumes Drilling At the Soledad Project, Peru

Chakana Copper Corp. announced that it expects to receive CAD 7 million in funding

Chakana Copper Corp. Announces Filing of Technical Report for Previously Reported Inferred Mineral Resources for Soledad Project, Peru

Chakana Copper Corp. Provides Initial Inferred Resource Estimate for Soledad Project, Located in Ancash, Peru

Chakana Copper Corp. Provides Results from Thirteen Additional Resource Definition and Exploration Holes Drilled in Huancarama Totaling 3,265M at Soledad Project, Ancash, Peru

Chakana Reports Significant Intercepts at Soledad, Peru

Chakana Copper Corp. Provides Recently Received Drill Results from Eight Exploration Holes from Huancarama

Independent Chairman Douglas Kirwin has left the company

Chakana Copper Corp. announced that it has received CAD 9.030258 million in funding from Gold Fields Nazca Holdings Inc.

Chakana Copper Corp. Releases Results for Two Additional Drill Holes from the Huancarama Breccia Complex, Within the Soledad Project in Ancash, Peru

New 90-day high: €0.40

Chakana Copper Accelerates Drill Program with Second Rig, Provides Exploration Update At Soledad, Peru

Chakana Copper Intersects Highest Grade Interval to Date 11M of 2.79 G/T Au, 4.04% Cu, and 330.8 G/T Ag (13.30 G/T Au-Eq) At Huancarama, Soledad Project, Peru

Chakana Copper Corp. to Release Results for Two Additional Drill Holes from the Recently-Announced Discovery At the Huancarama Breccia Complex

Chakana Copper Corp. announced that it expects to receive CAD 10 million in funding from Gold Fields Nazca Holdings Inc.

Chakana Copper Corp. Resumes its 15,000M Drill Program at the Soledad Project in Ancash, Peru

Chakana Copper Corp., Annual General Meeting, Feb 24, 2021

Chakana Copper Corp. Releases New Drill Results from Four Holes At Its High-Grade Copper-Gold-Silver Paloma West Discovery At the Expanded Soledad Project in Ancash, Peru

Chakana Copper Corp. Announces to Release New Drill Results from Four Holes At Its High-Grade Copper-Gold-Silver Paloma West Discovery At the Expanded Soledad Project in Ancash, Peru

Chakana Copper Corp. Enters into an Equity Research Agreement with Noble Capital Markets

Chakana Copper Corp. Intersects 10.7m of 7.25 g/t Au, 10.2% Cu, and 163.5 g/t Ag (24.99 g/t Au- eq) from 32.4m at Paloma West, Soledad Project, Peru

Chakana Copper Corp Announces New High-Grade Discovery At Paloma West - Soledad Project, Peru

New 90-day low: €0.28

Chakana Copper Corp. Provides Drill Results from Four Additional Holes Completed at the Paloma East Target at the Expanded Soledad Project in Ancash, Peru

Chakana Copper Corp. Provides Surface Channel Sampling Results

Chakana Copper Corp. Auditor Raises 'Going Concern' Doubt

New 90-day high: €0.51

Chakana Copper Corp. Reports 15.2 Metres of 2.1% Copper at Paloma East - Soledad Project, Peru

New 90-day high - €0.41

New 90-day high - €0.39

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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