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Interra Copper Corp (TSE:CQX)
:CQX

Interra Copper Corp (CQX) AI Stock Analysis

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Interra Copper Corp

(OTC:CQX)

Rating:40Underperform
Price Target:
Interra Copper Corp's overall stock score reflects significant financial performance challenges, with ongoing operational losses and reliance on external funding. While technical analysis shows some potential for short-term recovery, the valuation remains unattractive due to negative earnings and no dividend. Positive corporate events suggest potential future opportunities, but they do not mitigate the current financial and valuation weaknesses.

Interra Copper Corp (CQX) vs. iShares MSCI Canada ETF (EWC)

Interra Copper Corp Business Overview & Revenue Model

Company DescriptionInterra Copper Corp (IMCX) is a mineral exploration company focused on the acquisition, exploration, and development of copper properties. The company operates primarily in the mining sector, with an emphasis on discovering and advancing copper resources to meet the growing global demand for this critical metal, which is essential for electrical applications and renewable energy technologies.
How the Company Makes MoneyInterra Copper Corp generates revenue through the exploration and eventual development of copper mining projects. The company identifies and assesses copper-rich properties with the potential for profitable extraction. Revenue is primarily derived from the sale of copper ore or concentrate to smelters and other industrial customers. Additionally, the company may enter into joint ventures or partnerships with larger mining companies to share the financial and operational responsibilities of developing its projects. Successful exploration and development can lead to increased valuation and potential acquisition by larger entities in the mining industry.

Interra Copper Corp Financial Statement Overview

Summary
Interra Copper Corp's financial statements exhibit significant weaknesses, particularly in income generation and cash flow sustainability. While the company benefits from a debt-free balance sheet, its persistent operational losses and reliance on external financing present substantial risks. Long-term viability depends on achieving revenue growth and improving cash flow management.
Income Statement
10
Very Negative
Interra Copper Corp's income statement reveals significant challenges, with consistent net losses and no revenue generation. The company has negative EBIT and EBITDA margins, indicating ongoing operational inefficiencies. This lack of revenue growth and profitability is a critical risk factor.
Balance Sheet
55
Neutral
The balance sheet shows a solid equity position with no debt, which is a positive indicator for financial stability. The equity ratio remains robust, reflecting strong shareholder backing. However, the absence of revenue and ongoing losses could erode equity value over time.
Cash Flow
20
Very Negative
Cash flow analysis indicates negative operating and free cash flows, highlighting liquidity challenges. Despite positive financing cash flow, the company is heavily reliant on external funding. The negative free cash flow to net income ratio further underscores cash management issues.
Breakdown
TTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
0.000.000.000.000.000.00
Gross Profit
-846.00-1.19K0.000.000.000.00
EBIT
-1.27M-1.74M-360.98K-1.33M-3.04M-629.74K
EBITDA
-1.51M-1.74M-360.98K-1.33M0.00-39.46K
Net Income Common Stockholders
-9.51M-9.79M-360.98K-2.15M-3.15M-637.76K
Balance SheetCash, Cash Equivalents and Short-Term Investments
595.74K1.24M58.25K490.82K907.66K1.77K
Total Assets
8.03M7.52M6.08M6.52M4.98M747.49K
Total Debt
0.000.000.000.000.000.00
Net Debt
-595.74K-1.24M-58.25K-490.82K-907.66K-1.77K
Total Liabilities
579.44K471.33K41.07K100.81K13.91K94.73K
Stockholders Equity
7.45M7.05M6.04M6.42M4.96M652.76K
Cash FlowFree Cash Flow
-2.62M-3.01M-542.57K-3.26M-3.40M-705.76K
Operating Cash Flow
-1.76M-2.22M-411.49K-924.65K-2.46M-552.91K
Investing Cash Flow
-450.34K-975.72K-131.08K-2.35M-757.06K-348.82K
Financing Cash Flow
1.05M4.25M110.00K2.85M4.12M903.50K

Interra Copper Corp Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.08
Price Trends
50DMA
0.09
Negative
100DMA
0.10
Negative
200DMA
0.10
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
42.14
Neutral
STOCH
66.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CQX, the sentiment is Negative. The current price of 0.08 is below the 20-day moving average (MA) of 0.08, below the 50-day MA of 0.09, and below the 200-day MA of 0.10, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 42.14 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:CQX.

Interra Copper Corp Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
51
Neutral
$2.04B-1.23-21.09%3.96%2.90%-30.45%
TSLUM
48
Neutral
C$522.93M105.38%-97.12%
TSFOM
46
Neutral
C$1.38B-2.81%8.92%
TSCQX
40
Underperform
C$4.04M-105.33%-286.86%
TSREG
37
Underperform
C$300.43M-5.65%-43.69%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:CQX
Interra Copper Corp
0.08
-0.05
-37.50%
TSE:FOM
Foran Mining
3.20
-0.53
-14.21%
TSE:REG
Regulus Resources
2.42
0.57
30.81%
TSE:LUM
Lumina Gold
1.25
0.68
119.30%

Interra Copper Corp Corporate Events

Business Operations and Strategy
Interra Copper Corp Unveils Promising Results from Phase One Drilling at Rip Project
Positive
Jan 24, 2025

Interra Copper Corp has announced the results of its Phase One drilling program at the Rip Copper Project in British Columbia. The drilling confirmed a mineralized porphyry system with zones of anomalous copper and molybdenum, hosted in multiple phases of porphyritic intrusions. The program has also identified two large geophysical anomalies, with one northern target partly defined and containing multiple intrusive phases, still largely untested. The southern target, equivalent in size to the northern anomaly, remains untested, indicating significant potential for further exploration and resource development.

Interra Copper Corp Completes Acquisition of Stars Copper Project
Jan 9, 2025

Interra Copper Corp has completed the acquisition of the Stars Copper Project in British Columbia, significantly expanding its land holdings in the Bulkley Porphyry Belt. This acquisition, which includes the Stars Property and the contiguous Stellar Property, positions Interra to explore and potentially increase mineral resources in a promising region, aligning with its strategic goal of developing a district-scale copper porphyry project.

Interra Copper Expands in Bulkley Porphyry Belt
Dec 16, 2024

Interra Copper Corp has significantly expanded its presence in the Bulkley Porphyry Belt by acquiring the Stellar Property, adding 5,389 hectares of promising mineral ground. This strategic move, along with the anticipated acquisition of the Stars Property, positions Interra with a dominant landholding of 19,852 hectares in the region. The company is excited about the upcoming 2025 exploration season to further explore these properties’ mineral potential.

Interra Copper Reveals Promising Thane Project Results
Nov 25, 2024

Interra Copper Corp has announced promising results from its Thane Copper Gold Project in British Columbia, indicating significant potential for copper-gold deposits. The discovery of the Bananas showing, with high-grade mineralization, suggests a robust economic potential for the project. The company’s exploration efforts highlight Thane’s strategic location and geological similarities to nearby productive mines.

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.