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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 50 (OpenAI - 5.2)
Rating:50Neutral
Price Target:
kr17.50
▼(-3.42% Downside)
Action:Reiterated
Date:05/09/26
The score is held down primarily by weak financial performance—ongoing losses and substantial negative free cash flow—despite a low-leverage balance sheet. Technicals are a partial positive with moderately supportive trend and momentum signals, while valuation is limited by negative earnings and no indicated dividend yield.
Positive Factors
Low leverage
A very low debt-to-equity ratio provides durable financial flexibility for a development-stage miner. Lower interest obligations reduce balance-sheet stress, improving the company's ability to fund exploration and development rounds or endure project delays without immediate solvency risk.
Negative Factors
Heavy cash burn
Substantial negative free cash flow signals sustained cash outflows for development and investment. Persistent burn increases dependence on external financing and dilutive equity raises, constraining the company's ability to self-fund project milestones and raising execution risk over multiple quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
A very low debt-to-equity ratio provides durable financial flexibility for a development-stage miner. Lower interest obligations reduce balance-sheet stress, improving the company's ability to fund exploration and development rounds or endure project delays without immediate solvency risk.
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 operates as a mining company in Sweden. It primarily focuses on copper. The company holds interests in Viscaria copper mine in Kiruna. It also holds various processing concessions and exploration permits in Arvidsjaur and...
How the Company Makes Money
Copperstone Resources’ business model is centered on creating value from mineral assets by progressing exploration and development projects toward production. If and when a project reaches commercial operation, the core revenue stream would be sal...

Copperstone Resources AB Class B Financial Statement Overview

Summary
Overall fundamentals are weak due to persistent losses (TTM net income -119.6M with negative EBIT/EBITDA) and poor cash generation (TTM operating cash flow -29.6M; free cash flow -1.20B). The main offset is a conservative balance sheet with very low leverage (debt-to-equity ~0.8%) and a larger equity base, but returns remain negative (TTM ROE about -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
Positive
Last Price18.12
Price Trends
50DMA
16.39
Positive
100DMA
17.73
Negative
200DMA
15.83
Positive
Market Momentum
MACD
0.13
Positive
RSI
51.07
Neutral
STOCH
25.30
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:VISC, the sentiment is Positive. The current price of 18.12 is above the 20-day moving average (MA) of 17.11, above the 50-day MA of 16.39, and above the 200-day MA of 15.83, indicating a bullish trend. The MACD of 0.13 indicates Positive momentum. The RSI at 51.07 is Neutral, neither overbought nor oversold. The STOCH value of 25.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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
72
Outperform
kr510.06M5.35408.11%478.64%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
50
Neutral
kr4.12B-32.44-5.53%-69.40%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:VISC
Copperstone Resources AB Class B
17.16
1.55
9.96%
GB:0YAL
Boliden AB
508.17
208.16
69.39%
DE:NIO
Nordic Iron Ore AB
0.34
-0.01
-3.39%
DE:9QY0
Arctic Minerals AB
0.45
0.05
12.37%
SE:BOTX
Botnia Exploration Holding AB
12.50
0.65
5.49%
SE:GRANGX
Grangex AB
56.00
46.81
509.36%
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: May 09, 2026