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Arizona Sonoran Copper Co.
(TSX:ASCU)
Arizona Sonoran Copper Co. (ASCU) vs. iShares MSCI Canada ETF (EWC)
Arizona Sonoran Copper Co. Business Overview & Revenue Model
Arizona Sonoran Copper Co. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -30.00K | 0.00 | 0.00 | -84.00K | -75.00K | -17.00K |
| EBITDA | -4.21M | -5.35K | -6.34M | -6.96M | -8.38M | -2.73M |
| Net Income | -7.24M | -7.44K | -6.99M | -7.14M | -17.05M | -7.46M |
Balance Sheet | ||||||
| Total Assets | 279.07M | 135.47M | 114.08M | 69.58M | 54.42M | 17.99M |
| Cash, Cash Equivalents and Short-Term Investments | 44.37M | 31.74M | 10.49M | 19.86M | 27.31M | 7.25M |
| Total Debt | 16.00K | 16.00K | 67.00K | 115.00K | 6.88M | 6.34M |
| Total Liabilities | 119.50M | 30.86M | 29.53M | 3.60M | 10.35M | 11.00M |
| Stockholders Equity | 159.57M | 104.61M | 84.55M | 65.98M | 44.08M | 6.99M |
Cash Flow | ||||||
| Free Cash Flow | -56.51M | -31.60M | -38.82M | -4.33M | -24.89M | -14.79M |
| Operating Cash Flow | -2.66M | -9.72M | -11.52M | -3.55M | -6.29M | -1.48M |
| Investing Cash Flow | -44.50M | -21.88M | -27.30M | -29.80M | -18.60M | -8.30M |
| Financing Cash Flow | 58.15M | 54.03M | 29.53M | 26.09M | 44.95M | 16.97M |
Arizona Sonoran Copper Co. Technical Analysis
Arizona Sonoran Copper Co. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | C$899.28M | 32.71 | 18.67% | 4.11% | 10.41% | -0.23% | |
62 Neutral | C$1.18B | -83.68 | -6.09% | ― | ― | 22.26% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | C$756.11M | -24.33 | -48.15% | ― | ― | -10.32% | |
52 Neutral | C$1.41B | -39.64 | -15.90% | ― | ― | -104.52% | |
39 Underperform | C$442.04M | -633.33 | -0.82% | ― | ― | 36.84% | |
39 Underperform | C$403.17M | 117.37 | 4.21% | ― | ― | -41.70% |
Arizona Sonoran Copper Co. Corporate Events
Arizona Sonoran Copper has launched a fully funded US$75 million work program for 2026, backed by an approximately US$105 million cash balance, to move its Cactus Project toward a final investment decision as early as the fourth quarter of 2026 and keep the project on track for first cathode production in the second half of 2029. The plan centers on completing a feasibility study in 2026, advancing key permits, initiating early development and long lead procurement, expanding geological and geotechnical work, arranging project financing, and deepening community engagement, building on 2025 milestones including the entry of Hudbay as a strategic investor, the buy-down of eligible copper royalties, footprint expansion and a pre-feasibility study that confirmed robust project economics and a simplified mine plan.
The most recent analyst rating on (TSE:ASCU) stock is a Hold with a C$5.50 price target. To see the full list of analyst forecasts on Arizona Sonoran Copper Co. stock, see the TSE:ASCU Stock Forecast page.
Arizona Sonoran Copper Company has secured a Dust Permit from the Pinal County Air Quality Division for its Cactus Project, marking the first key permit received since its November 2025 pre-feasibility study, which outlined annual production of 113,000 short tons of copper cathode over the first decade of a 22-year mine life. The company is now working to amend its Aquifer Protection, Industrial Air, and Mined Land Reclamation permits to reflect a substantially expanded and simplified production profile that includes both the Cactus and Parks/Salyer open pits, with a goal of having all major permits in place in 2026 ahead of a feasibility study and a potential final investment decision later this year, signaling continued progress toward restarting copper production and strengthening its position as an emerging U.S. copper supplier.
The most recent analyst rating on (TSE:ASCU) stock is a Hold with a C$5.00 price target. To see the full list of analyst forecasts on Arizona Sonoran Copper Co. stock, see the TSE:ASCU Stock Forecast page.
Arizona Sonoran Copper Company and Nuton LLC, a Rio Tinto venture, have agreed to begin talks in January over an amicable early termination of Nuton’s option to form a joint venture on the Cactus Project, after which Arizona Sonoran intends to continue advancing the asset on a standalone basis. Building on a recently completed positive standalone pre-feasibility study, the company plans to progress a definitive feasibility study targeting completion in the second half of 2026, with a potential final investment decision as early as the fourth quarter of 2026, while simultaneously pursuing permitting amendments, project financing and early development work, underscoring its commitment to independently develop Cactus despite the uncertainty surrounding the Nuton negotiations.
The most recent analyst rating on (TSE:ASCU) stock is a Buy with a C$8.00 price target. To see the full list of analyst forecasts on Arizona Sonoran Copper Co. stock, see the TSE:ASCU Stock Forecast page.
Arizona Sonoran Copper Company announced the closing of a C$10.4 million private placement with Hudbay Minerals, which exercised its pre-emptive rights to maintain a 9.99% ownership in the company. This financing strengthens Arizona Sonoran’s capital position, enabling it to advance early development activities and project debt financing for 2026, positioning the company for growth in the copper industry.
The most recent analyst rating on (TSE:ASCU) stock is a Buy with a C$8.00 price target. To see the full list of analyst forecasts on Arizona Sonoran Copper Co. stock, see the TSE:ASCU Stock Forecast page.
Arizona Sonoran Copper Company has successfully closed a C$86.3 million ‘bought deal’ private placement of common shares, issuing over 25 million shares at C$3.35 each. The proceeds will fund early development activities at the Cactus Project, including permit amendments, a Definitive Feasibility Study, and project financing, positioning the company to advance its operations and potentially enhance its market standing as a future mid-tier copper producer.
The most recent analyst rating on (TSE:ASCU) stock is a Buy with a C$8.00 price target. To see the full list of analyst forecasts on Arizona Sonoran Copper Co. stock, see the TSE:ASCU Stock Forecast page.
Arizona Sonoran Copper Company Inc. has filed a pre-feasibility study for its Cactus Project, projecting a post-tax NPV of $2.30 billion and an IRR of 22.8%. The project is expected to produce 103,000 tonnes of copper cathode annually over the first decade, positioning it as the third largest cathode producer in the USA. With a focus on cost-effective and conventional mining methods, the project promises strong economic returns and significant benefits to the local Arizona economy, including job creation. The company anticipates making a final investment decision by Q4 2026, with first production targeted for 2029.
The most recent analyst rating on (TSE:ASCU) stock is a Buy with a C$8.00 price target. To see the full list of analyst forecasts on Arizona Sonoran Copper Co. stock, see the TSE:ASCU Stock Forecast page.
Arizona Sonoran Copper Company Inc. has announced a C$75 million ‘bought deal’ private placement of common shares, facilitated by Canaccord Genuity Corp. and a syndicate of underwriters. The proceeds will be used for early development activities at the Cactus Project, working capital, and general corporate purposes, potentially strengthening the company’s position in the copper industry and providing robust returns for investors.
The most recent analyst rating on (TSE:ASCU) stock is a Buy with a C$8.00 price target. To see the full list of analyst forecasts on Arizona Sonoran Copper Co. stock, see the TSE:ASCU Stock Forecast page.
Arizona Sonoran Copper Company has announced the results of its Pre-Feasibility Study for the Cactus Project, highlighting its potential as a long-life, low-cost copper production operation in Arizona. The project is expected to produce approximately 103,000 tonnes of copper cathodes annually over the first decade, positioning it as the third-largest cathode producer in the U.S. With strong economic indicators, including a $574 million average annual EBITDA and significant local economic benefits such as the creation of over 600 jobs, the project is poised to enhance the company’s market position and contribute substantially to the U.S. refined copper supply.
The most recent analyst rating on (TSE:ASCU) stock is a Buy with a C$5.25 price target. To see the full list of analyst forecasts on Arizona Sonoran Copper Co. stock, see the TSE:ASCU Stock Forecast page.