Executive Summary
Copperstone Resources AB operates as a base and precious metals exploration company in Sweden. More Details
Risk Analysis
Earnings are forecast to decline by an average of 55.6% per year for the next 3 years
Currently unprofitable and not forecast to become profitable over the next 3 years
+ 2 more risks
Snowflake Analysis
Imperfect balance sheet and overvalued.
Share Price & News
How has Copperstone Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: COPP B is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: COPP B's weekly volatility (9%) has been stable over the past year.
Market Performance
7 Day Return
0.7%
COPP B
2.5%
SE Metals and Mining
1.0%
SE Market
1 Year Return
37.9%
COPP B
14.1%
SE Metals and Mining
15.2%
SE Market
Return vs Industry: COPP B exceeded the Swedish Metals and Mining industry which returned 14.1% over the past year.
Return vs Market: COPP B exceeded the Swedish Market which returned 15.2% over the past year.
Shareholder returns
| COPP B | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.7% | 2.5% | 1.0% |
| 30 Day | -15.1% | 10.2% | 7.2% |
| 90 Day | -12.8% | 17.0% | 10.9% |
| 1 Year | 56.6%37.9% | 18.1%14.1% | 18.3%15.2% |
| 3 Year | -44.6%-51.8% | 1.5%-7.4% | 47.0%29.5% |
| 5 Year | 164.6%107.1% | 141.0%105.6% | 86.7%46.8% |
Long-Term Price Volatility Vs. Market
How volatile is Copperstone Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Is Copperstone Resources (STO:COPP B) Using Too Much Debt?1 month ago | Simply Wall St
Copperstone Resources'(STO:COPP B) Share Price Is Down 58% Over The Past Three Years.2 months ago | Simply Wall St
How Many Copperstone Resources AB (STO:COPP B) Shares Did Insiders Buy, In The Last Year?Valuation
Is Copperstone Resources undervalued compared to its fair value and its price relative to the market?
1.54x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate COPP B's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate COPP B's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: COPP B is unprofitable, so we can't compare its PE Ratio to the SE Metals and Mining industry average.
PE vs Market: COPP B is unprofitable, so we can't compare its PE Ratio to the Swedish market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate COPP B's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: COPP B is good value based on its PB Ratio (1.5x) compared to the SE Metals and Mining industry average (1.8x).
Next Steps
Future Growth
How is Copperstone Resources forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
-55.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: COPP B is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: COPP B is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: COPP B is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: COPP B is forecast to have no revenue next year.
High Growth Revenue: COPP B is forecast to have no revenue next year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: COPP B is forecast to be unprofitable in 3 years.
Next Steps
Past Performance
How has Copperstone Resources performed over the past 5 years?
-12.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: COPP B is currently unprofitable.
Growing Profit Margin: COPP B is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: COPP B is unprofitable, and losses have increased over the past 5 years at a rate of 12.6% per year.
Accelerating Growth: Unable to compare COPP B's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: COPP B is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-56.6%).
Return on Equity
High ROE: COPP B has a negative Return on Equity (-4.6%), as it is currently unprofitable.
Next Steps
Financial Health
How is Copperstone Resources's financial position?
Financial Position Analysis
Short Term Liabilities: COPP B's short term assets (SEK15.0M) exceed its short term liabilities (SEK10.8M).
Long Term Liabilities: COPP B's short term assets (SEK15.0M) do not cover its long term liabilities (SEK53.3M).
Debt to Equity History and Analysis
Debt Level: COPP B's debt to equity ratio (19%) is considered satisfactory.
Reducing Debt: COPP B's debt to equity ratio has increased from 9% to 19% over the 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: COPP B has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: COPP B has less than a year of cash runway if free cash flow continues to reduce at historical rates of 20.4% each year
Next Steps
Dividend
What is Copperstone Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate COPP B's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate COPP B'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 COPP B's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if COPP B'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 COPP B's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.7yrs
Average board tenure
CEO
Michael Mattsson (47 yo)
2.08yrs
Tenure
kr2,005,000
Compensation
Mr. Michael Mattsson serves as a Director of Copperstone Resources AB and Svenska Pannkakshuset AB. Mr. Mattsson has been Director of Nordic Iron Ore AB since 2018. He served as Director at Net Trading Gro...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD241.80K) is about average for companies of similar size in the Swedish market ($USD241.48K).
Compensation vs Earnings: Michael's compensation has increased whilst the company is unprofitable.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.08yrs | kr2.01m | 2.9% SEK 12.6m | |
| Independent Director | 2.17yrs | no data | no data | |
| Independent Chairman | 0.67yr | no data | 2.93% SEK 12.7m | |
| Independent Director | 1.67yrs | no data | no data | |
| Independent Director | 1.67yrs | no data | 0.012% SEK 54.0k | |
| Independent Director | 0.67yr | no data | no data | |
| Independent Director | 1yr | no data | 0.16% SEK 675.0k |
1.7yrs
Average Tenure
59yo
Average Age
Experienced Board: COPP B's board of directors are not considered experienced ( 1.7 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15.4%.
Top Shareholders
Company Information
Copperstone Resources AB's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Copperstone Resources AB
- Ticker: COPP B
- Exchange: OM
- Founded: 2006
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: kr432.861m
- Shares outstanding: 641.28m
- Website: https://www.copperstone.se
Location
- Copperstone Resources AB
- Svärdvägen 21
- Danderyd
- Stockholm County
- 182 33
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| COPP B | OM (OMX Nordic Exchange Stockholm) | Yes | Class B Shares | SE | SEK | Feb 2007 |
| 5KP | DB (Deutsche Boerse AG) | Yes | Class B Shares | DE | EUR | Feb 2007 |
| 0G3L | LSE (London Stock Exchange) | Yes | Class B Shares | GB | SEK | Feb 2007 |
| COPP BTA B | OM (OMX Nordic Exchange Stockholm) | SHS | SE | SEK | Jan 2021 |
Biography
Copperstone Resources AB operates as a base and precious metals exploration company in Sweden. The company primarily explores for copper, zinc, gold, and silver ores, as well as cobalt and iron ores. It ho...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/21 20:01 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.