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Copperstone Resources AB Class B (SE:VISC)
:VISC
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Copperstone Resources AB Class B (VISC) AI Stock Analysis

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SE:VISC

Copperstone Resources AB Class B

(VISC)

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Neutral 52 (OpenAI - 5.2)
Rating:52Neutral
Price Target:
kr15.50
▼(-14.46% Downside)
Action:Reiterated
Date:07/04/26
Overall score is held back primarily by weak financial performance—ongoing losses and significant negative free cash flow—despite a low-leverage balance sheet. Technicals are a key support, with the stock trading above major moving averages and positive momentum indicators. Valuation is penalized by negative earnings and the lack of dividend yield data.
Positive Factors
Low leverage / conservative balance sheet
Very low debt-to-equity (~0.8%) provides durable financial flexibility for a project-stage miner. It reduces default risk, supports ongoing exploration spending without heavy interest burdens, and preserves optionality to raise project finance or partner deals on better terms over months.
Negative Factors
Persistent losses / negative profitability
Sustained negative net income and negative EBIT/EBITDA signal the company is not yet generating operating profits. This structural unprofitability limits internal funding ability, increases reliance on external capital, and raises long-term execution risk if projects fail to reach commercial thresholds.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / conservative balance sheet
Very low debt-to-equity (~0.8%) provides durable financial flexibility for a project-stage miner. It reduces default risk, supports ongoing exploration spending without heavy interest burdens, and preserves optionality to raise project finance or partner deals on better terms over months.
Read all positive factors

Copperstone Resources AB Class B (VISC) vs. iShares MSCI Sweden ETF (EWD)

Copperstone Resources AB Class B Business Overview & Revenue Model

Company Description
Gruvaktiebolaget Viscaria is a Swedish mineral extraction company primarily engaged in copper mining. Its operations include ownership interests in the Viscaria copper mine, located near Kiruna, alongside holding a variety of mineral processing co...
How the Company Makes Money
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Copperstone Resources AB Class B Financial Statement Overview

Summary
Financial profile is weakened by persistent losses (TTM net income -119.6M with negative EBIT/EBITDA) and weak cash generation (TTM operating cash flow -29.6M; deeply negative TTM free cash flow -1.20B). The main offset is a relatively conservative balance sheet with very low leverage (debt-to-equity ~0.8%), providing some cushion despite negative ROE (~-5.2%).
Income Statement
18
Very Negative
Balance Sheet
72
Positive
Cash Flow
22
Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit191.30M275.90M-6.60M256.70M179.70M106.39M
EBITDA-63.30M-59.20M-39.30M-25.00M-14.40M-11.60M
Net Income-119.60M-109.10M-48.20M-30.10M-21.80M-16.25M
Balance Sheet
Total Assets4.23B4.09B1.78B1.29B1.06B606.94M
Cash, Cash Equivalents and Short-Term Investments1.00B1.41B231.80M266.30M329.20M124.29M
Total Debt23.40M23.50M22.20M20.00M38.40M34.51M
Total Liabilities1.16B997.70M178.60M66.40M77.20M64.59M
Stockholders Equity3.07B3.09B1.60B1.23B986.50M542.35M
Cash Flow
Free Cash Flow-1.20B-1.04B-452.10M-333.40M-261.80M-136.20M
Operating Cash Flow-29.60M7.50M6.00M-24.30M-16.50M-24.16M
Investing Cash Flow-1.26B-1.05B-457.80M-309.10M-245.20M-112.04M
Financing Cash Flow1.91B2.22B417.30M270.50M466.60M259.54M

Copperstone Resources AB Class B Technical Analysis

Technical Analysis Sentiment
Negative
Last Price18.12
Price Trends
50DMA
16.39
Negative
100DMA
16.51
Negative
200DMA
16.40
Negative
Market Momentum
MACD
-0.14
Positive
RSI
40.95
Neutral
STOCH
7.74
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:VISC, the sentiment is Negative. The current price of 18.12 is above the 20-day moving average (MA) of 16.28, above the 50-day MA of 16.39, and above the 200-day MA of 16.40, indicating a bearish trend. The MACD of -0.14 indicates Positive momentum. The RSI at 40.95 is Neutral, neither overbought nor oversold. The STOCH value of 7.74 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:VISC.

Copperstone Resources AB Class B Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
kr485.58M5.94408.11%478.64%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
52
Neutral
kr4.50B-18.27-5.53%-69.40%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:VISC
Copperstone Resources AB Class B
15.16
1.12
7.95%
GB:0YAL
Boliden AB
515.87
217.05
72.64%
DE:NIO
Nordic Iron Ore AB
0.38
0.12
44.70%
DE:9QY0
Arctic Minerals AB
0.43
<0.01
0.71%
SE:BOTX
Botnia Exploration Holding AB
12.00
0.50
4.35%
SE:GRANGX
Grangex AB
39.50
12.40
45.76%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 04, 2026