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 |
-12.53K | 0.00 | -16.68K | -14.28K | -19.52K | -27.65K | EBIT |
-836.88K | -1.10M | -1.11M | -688.01K | -1.12M | -1.03M | EBITDA |
-1.09M | -1.11M | -1.10M | -1.34M | -1.10M | -997.09K | Net Income Common Stockholders |
-613.39K | -607.30K | -1.11M | -1.29M | -861.23K | -537.45K |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
158.39K | 785.18K | 1.37M | 132.19K | 2.65M | 491.93K | Total Assets |
85.11M | 84.63M | 83.91M | 81.00M | 81.40M | 77.08M | Total Debt |
83.05K | 85.28K | 448.79K | 731.51K | 970.68K | 154.78K | Net Debt |
-75.35K | -699.90K | -920.06K | 599.32K | -1.68M | -337.15K | Total Liabilities |
864.85K | 848.42K | 1.70M | 1.88M | 2.32M | 1.39M | Stockholders Equity |
84.24M | 83.78M | 82.21M | 79.12M | 79.08M | 75.69M |
Cash Flow | Free Cash Flow | ||||
-2.27M | -2.48M | -1.02M | -2.40M | -2.84M | -1.71M | Operating Cash Flow |
-890.31K | -1.08M | -999.51K | -1.08M | -981.71K | -1.01M | Investing Cash Flow |
-1.38M | -1.25M | -1.28M | -1.31M | -2.07M | -682.33K | Financing Cash Flow |
1.74M | 1.74M | 3.51M | -137.28K | 5.16M | 1.76M |
Copper Fox Metals Inc. has provided an update on the permitting process for its Mineral Mountain porphyry copper project in Arizona. The company has completed an Environmental Assessment (EA) as required by the Bureau of Land Management, and a 30-day public comment period has commenced. The EA addresses potential environmental impacts, including effects on endangered species, and concludes that the proposed drilling program is unlikely to adversely affect the acuña cactus. The company is optimistic about the progress but acknowledges that the outcome of the public comment period will determine if the drilling permit will be granted.
Spark’s Take on TSE:CUU Stock
According to Spark, TipRanks’ AI Analyst, TSE:CUU is a Underperform.
Copper Fox Metals faces substantial financial hurdles due to a lack of revenue and ongoing operational losses, heavily weighing down its stock score. Although technical indicators show slight positive trends, the company’s valuation remains unattractive with a negative P/E ratio. However, recent corporate events, such as the successful private placements and promising exploration results, offer a glimmer of potential for future growth in the copper sector.
To see Spark’s full report on TSE:CUU stock, click here.
Copper Fox Metals Inc. announced its Q1 2025 financial results, reporting a net loss of $236,962. The company is advancing its Van Dyke project to the preliminary feasibility study stage, benefiting from increased demand for critical minerals and a supportive US executive order. The Schaft Creek project is focused on infrastructure and technical studies to transition to the PFS stage, while exploration activities at Sombrero Butte and Mineral Mountain have identified significant copper porphyry targets.
Copper Fox Metals Inc. has successfully closed a non-brokered private placement, raising $1.5 million through the issuance of 7,317,074 units. The proceeds will be used for exploration and development activities on its projects and for general corporate purposes. The offering included significant participation from insiders, including director Ernesto Echavarria, and was structured as a ‘Related Party Transaction’ under TSX Venture Exchange policies. This strategic move is expected to bolster Copper Fox’s operational capabilities and strengthen its position in the copper exploration industry.
Copper Fox Metals Inc. has released results from its geophysical surveys on the Sombrero Butte project, revealing a significant anomalous chargeability signature, suggesting the potential presence of a large body of sulphide mineralization at depth. This development enhances the prospects of a porphyry copper system at the site, indicating promising exploration opportunities and strengthening the company’s position in the copper exploration sector.
Copper Fox Metals Inc. has announced that its non-brokered private placement, intended to raise up to $1,500,000, has been fully subscribed. The funds raised will be directed towards further exploration and development activities on Copper Fox’s projects, as well as general corporate purposes. The successful completion of this private placement underscores the company’s ongoing commitment to advancing its copper exploration and development initiatives, potentially strengthening its position within the resource industry.
Copper Fox Metals Inc. announced a non-brokered private placement aiming to raise up to $1,500,000 through the issuance of units at $0.205 each. This initiative is structured to include common shares and warrants, with specific terms for exercise prices and timelines. The offering is available to existing shareholders and select subscribers under various exemptions, with conditions on purchase limits and subscription priorities. This capital-raising effort is poised to enhance Copper Fox’s financial position, potentially supporting its ongoing exploration and development activities in the copper sector.
Copper Fox Metals Inc. reported a net loss of $607,303 for the fiscal year ending October 31, 2024, despite significant investments in its copper projects. The company made notable advancements in several projects, including exceeding budgeted expenditures at Schaft Creek and progressing towards drilling permits and technical assessments at its other sites. The developments highlight Copper Fox’s commitment to enhancing its project portfolio, which could improve its industry position and stakeholder value.
Copper Fox Metals has announced its 2025 program for the Schaft Creek project, aiming to transition from the Scoping stage to the Preliminary Feasibility Study stage. With planned expenditures of C$15.8 million, the program includes technical model reviews, completion of geotechnical and hydrogeological models, and field activities such as environmental and archaeological assessments. The announcement highlights that pre-production costs have surpassed C$60 million, with Teck Resources covering further costs, impacting Copper Fox’s financial obligations and potentially reducing future payments.
Copper Fox Metals Inc. announced the results of its 2024 geotechnical drilling program at the Schaft Creek project, managed through the Schaft Creek Joint Venture with Teck Resources. The drilling program, part of an $18.9 million project budget, aimed to collect geotechnical data and unexpectedly expanded the mineralized envelope of the Schaft Creek deposit. Significant mineralization was discovered, extending the Paramount zone’s mineralization by 250 meters to the north and confirming higher-grade copper-molybdenum mineralization near the surface. This development enhances the understanding of mineral distribution and continuity, potentially impacting future project planning and exploration strategies.