Recent Insider Transactions • Jun 08
Vice President of Technical Services recently sold €50k worth of stock On the 2nd of June, Richard Klue sold around 30k shares on-market at roughly €1.67 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €355k. Insiders have been net sellers, collectively disposing of €281k more than they bought in the last 12 months. Reported Earnings • Apr 30
First quarter 2023 earnings released: CA$0.058 loss per share (vs CA$0.03 loss in 1Q 2022) First quarter 2023 results: CA$0.058 loss per share (further deteriorated from CA$0.03 loss in 1Q 2022). Revenue: CA$100.5m (up 7.1% from 1Q 2022). Net loss: CA$12.4m (loss widened 97% from 1Q 2022). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 1.3% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 82% per year, which means it is well ahead of earnings. Board Change • Apr 06
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Jeane Hull was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Duyuru • Feb 02
Copper Mountain Mining Corporation to Report Q4, 2022 Results on Mar 27, 2023 Copper Mountain Mining Corporation announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Mar 27, 2023 Duyuru • Jan 07
Copper Mountain Mining Corporation Provides Operational Update on Ransomware Attack Copper Mountain Mining Corporation announced that the company has resumed production after the December 27, 2022 ransomware attack. Throughout this downtime, which resulted from the attack on its IT systems, the Company has been shipping copper concentrate to the Port of Vancouver from mine inventory and has maintained its planned shipping schedule. On January 1, the Company resumed operations of the primary crusher at its Copper Mountain Mine and shortly thereafter, the Company resumed operations at the mill, which was preventatively shutdown following the attack. On January 4, the mill was at full production and the operation is currently being stabilized as the remaining business systems are fully restored. Throughout the outage, all environmental management systems at the Copper Mountain Mine were operational, and there were no environmental incidents or injuries to personnel. The Company's external and internal IT teams, along with external cybersecurity experts, are continuing to actively establish additional safeguards to mitigate any further risks to the Company. The Company's primary objective remains to return to full business functionality in a safe and secure manner. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Jeane Hull was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 10
Third quarter 2022 earnings released: CA$0.15 loss per share (vs CA$0.085 profit in 3Q 2021) Third quarter 2022 results: CA$0.15 loss per share (down from CA$0.085 profit in 3Q 2021). Revenue: CA$58.3m (down 57% from 3Q 2021). Net loss: CA$31.3m (down 276% from profit in 3Q 2021). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 3.3% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment deteriorated over the past week After last week's 19% share price decline to €1.05, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 4x in the Metals and Mining industry in Europe. Total returns to shareholders of 135% over the past three years. Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improved over the past week After last week's 16% share price gain to €1.14, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total returns to shareholders of 132% over the past three years. Reported Earnings • Jul 26
Second quarter 2022 earnings released: CA$0.016 loss per share (vs CA$0.13 profit in 2Q 2021) Second quarter 2022 results: CA$0.016 loss per share (down from CA$0.13 profit in 2Q 2021). Revenue: CA$59.1m (down 58% from 2Q 2021). Net loss: CA$3.45m (down 113% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 4.2%, compared to a 26% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €1.27, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total returns to shareholders of 137% over the past three years. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment deteriorated over the past week After last week's 19% share price decline to €1.66, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total returns to shareholders of 225% over the past three years. Board Change • Jun 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Jeane Hull was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • May 13
Insider recently bought €84k worth of stock On the 11th of May, Patrick Redmond bought around 50k shares on-market at roughly €1.69 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €1.5m more in shares than they bought in the last 12 months. Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorated over the past week After last week's 22% share price decline to €1.57, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 4x in the Metals and Mining industry in Europe. Total returns to shareholders of 164% over the past three years. Board Change • May 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Jeane Hull was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Apr 30
Independent Director recently bought €74k worth of stock On the 28th of April, William Washington bought around 35k shares on-market at roughly €2.11 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €3.9m more in shares than they bought in the last 12 months. Reported Earnings • Apr 27
First quarter 2022 earnings released: CA$0.03 loss per share (vs CA$0.18 profit in 1Q 2021) First quarter 2022 results: CA$0.03 loss per share (down from CA$0.18 profit in 1Q 2021). Revenue: CA$93.9m (down 42% from 1Q 2021). Net loss: CA$6.30m (down 117% from profit in 1Q 2021). Over the next year, revenue is expected to shrink by 1.5% compared to a 34% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Mar 08
Insider recently sold €533k worth of stock On the 3rd of March, Donald Strickland sold around 198k shares on-market at roughly €2.69 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.6m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment improved over the past week After last week's 22% share price gain to €2.84, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 351% over the past three years. Reported Earnings • Feb 15
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: CA$0.50 (up from CA$0.18 in FY 2020). Revenue: CA$578.2m (up 69% from FY 2020). Net income: CA$104.1m (up 194% from FY 2020). Profit margin: 18% (up from 10% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Over the next year, revenue is expected to shrink by 19% compared to a 15% growth forecast for the mining industry in Germany. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 76% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improved over the past week After last week's 18% share price gain to €2.97, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 505% over the past three years. Recent Insider Transactions • Jan 16
Insider recently sold €451k worth of stock On the 12th of January, Donald Strickland sold around 167k shares on-market at roughly €2.69 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.9m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment improved over the past week After last week's 16% share price gain to €2.65, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 361% over the past three years. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €2.05, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 382% over the past three years. Reported Earnings • Nov 04
Third quarter 2021 earnings released: EPS CA$0.085 (vs CA$0.13 in 3Q 2020) The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CA$137.2m (up 44% from 3Q 2020). Net income: CA$17.8m (down 27% from 3Q 2020). Profit margin: 13% (down from 26% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improved over the past week After last week's 16% share price gain to €2.40, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total returns to shareholders of 231% over the past three years. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €1.88, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total returns to shareholders of 153% over the past three years. Valuation Update With 7 Day Price Move • Aug 20
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CA$1.91, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 185% over the past three years. Reported Earnings • Jul 27
Second quarter 2021 earnings released: EPS CA$0.13 (vs CA$0.12 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CA$142.1m (up 56% from 2Q 2020). Net income: CA$26.2m (up 12% from 2Q 2020). Profit margin: 18% (down from 26% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 52% per year whereas the company’s share price has increased by 49% per year. Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CA$2.03, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total returns to shareholders of 169% over the past three years. Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CA$2.31, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total returns to shareholders of 176% over the past three years. Recent Insider Transactions • Jun 17
Insider recently sold €69k worth of stock On the 14th of June, Bradly Bolger sold around 25k shares on-market at roughly €2.75 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.2m. Insiders have been net sellers, collectively disposing of €2.7m more than they bought in the last 12 months. Executive Departure • Jun 12
Independent Director Allan Cloke has left the company On the 10th of June, Allan Cloke's tenure as Independent Director ended after 10.8 years in the role. As of March 2021, Allan still personally held 501.34k shares (€1.0m worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 3.42 years. Executive Departure • Jun 12
Independent Director Carl Renzoni has left the company On the 10th of June, Carl Renzoni's tenure as Independent Director ended after 13.2 years in the role. As of March 2021, Carl still personally held 430.00k shares (€879k worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 3.42 years. Recent Insider Transactions • May 14
VP & COO recently sold €1.2m worth of stock On the 10th of May, Donald Strickland sold around 350k shares on-market at roughly €3.33 per share. This was the largest sale by an insider in the last 3 months. This was Donald's only on-market trade for the last 12 months. Recent Insider Transactions • May 09
Independent Director recently sold €1.1m worth of stock On the 3rd of May, Allan Cloke sold around 388k shares on-market at roughly €2.80 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.4m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • May 08
Investor sentiment improved over the past week After last week's 17% share price gain to CA$3.27, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 322% over the past three years. Reported Earnings • Apr 28
First quarter 2021 earnings released: EPS CA$0.18 (vs CA$0.17 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CA$162.2m (up 227% from 1Q 2020). Net income: CA$36.7m (up CA$69.0m from 1Q 2020). Profit margin: 23% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 55% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improved over the past week After last week's 20% share price gain to CA$2.56, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 206% over the past three years. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improved over the past week After last week's 30% share price gain to CA$2.12, the stock is trading at a trailing P/E ratio of 17.5x, up from the previous P/E ratio of 13.4x. This compares to an average P/E of 15x in the Metals and Mining industry in Europe. Total returns to shareholders over the past three years are 162%. Analyst Estimate Surprise Post Earnings • Feb 18
Revenue beats expectations Revenue exceeded analyst estimates by 3.7%. Over the next year, revenue is forecast to grow 37%, compared to a 20% growth forecast for the Metals and Mining industry in Germany. Is New 90 Day High Low • Feb 18
New 90-day high: €1.64 The company is up 97% from its price of €0.83 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 71% over the same period. Reported Earnings • Feb 18
Full year 2020 earnings released: EPS CA$0.18 (vs CA$0.12 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CA$341.7m (up 19% from FY 2019). Net income: CA$35.4m (up CA$57.8m from FY 2019). Profit margin: 10% (up from net loss in FY 2019). The move to profitability was primarily driven by higher revenue. Production and reserves: Copper Production: 26,382 t (24,477 t in FY 2019) Number of mines: 1 (1 in FY 2019) Gold Production: 21.92 troy koz (20.06 troy koz in FY 2019) Number of mines: 1 (1 in FY 2019) Silver Production: 294.37 troy koz (203.88 troy koz in FY 2019) Number of mines: 1 (1 in FY 2019) Over the last 3 years on average, earnings per share has fallen by 79% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Jan 15
New 90-day high: €1.51 The company is up 136% from its price of €0.64 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 52% over the same period. Is New 90 Day High Low • Dec 23
New 90-day high: €1.11 The company is up 90% from its price of €0.58 on 24 September 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 39% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.47 per share. Is New 90 Day High Low • Dec 05
New 90-day high: €1.05 The company is up 102% from its price of €0.52 on 04 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.61 per share. Reported Earnings • Nov 07
Third quarter 2020 earnings released: EPS CA$0.13 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CA$95.0m (up 52% from 3Q 2019). Net income: CA$24.4m (up CA$33.2m from 3Q 2019). Profit margin: 26% (up from net loss in 3Q 2019). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 112% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Nov 07
Revenue beats expectations Revenue exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 18%, compared to a 8.8% growth forecast for the Metals and Mining industry in Germany. Recent Insider Transactions • Nov 06
Insider recently sold €291k worth of stock On the 3rd of November, Alistair Cowden sold around 400k shares on-market at roughly €0.73 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €172k more than they bought in the last 12 months. Is New 90 Day High Low • Nov 06
New 90-day high: €0.75 The company is up 72% from its price of €0.44 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. Analyst Estimate Surprise Post Earnings • Nov 02
Revenue beats expectations Revenue exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 18%, compared to a 8.1% growth forecast for the Metals and Mining industry in Germany. Reported Earnings • Nov 02
Third quarter 2020 earnings released: EPS CA$0.13 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CA$95.0m (up 52% from 3Q 2019). Net income: CA$24.4m (up CA$33.2m from 3Q 2019). Profit margin: 26% (up from net loss in 3Q 2019). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 112% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Oct 15
Director recently sold €152k worth of stock On the 9th of October, Alistair Cowden sold around 230k shares on-market at roughly €0.66 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €160k more than they sold in the last 12 months.