Highland Copper Company Inc (TSE:HI)
:HI
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Highland Copper
(HI)
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Rating:45Neutral
Price Target:
C$0.14
▼(-14.37% Downside)
Action:ReiteratedDate:04/08/26
The score is driven primarily by weak financial performance—no revenue, persistent losses, and recurring negative free cash flow—partly offset by a balance sheet that remains moderately levered with positive equity. Technicals are broadly neutral with slightly negative momentum, and valuation is constrained by a loss-making (negative P/E) profile and no dividend support.
Positive Factors
Moderate leverage & positive equity
Positive shareholders' equity and moderate reported leverage provide a durable financing buffer for a development-stage miner. This balance-sheet support reduces immediate refinancing pressure, enabling continued permitting and study work while management pursues project de‑risking or partner financing.
Negative Factors
No revenue; sizable operating losses
Zero operational revenue combined with persistent operating losses is a fundamental constraint: the business must rely on financing to fund activities, increasing dilution and execution risk. Absent revenue or near-term production, long‑term viability depends on successful project financing or asset sales.
Read all positive and negative factors
Positive Factors
Negative Factors
Moderate leverage & positive equity
Positive shareholders' equity and moderate reported leverage provide a durable financing buffer for a development-stage miner. This balance-sheet support reduces immediate refinancing pressure, enabling continued permitting and study work while management pursues project de‑risking or partner financing.
Read all positive factors
Highland Copper (HI) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$118.11M
Dividend YieldN/A
Average Volume (3M)136.70K
Price to Earnings (P/E)―
Beta (1Y)0.65
Revenue GrowthN/A
EPS Growth22.47%
CountryCA
Employees17
SectorBasic Materials
Sector Strength58
IndustryCopper
Share Statistics
EPS (TTM)0.00
Shares Outstanding738,188,230
10 Day Avg. Volume101,964
30 Day Avg. Volume136,697
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)1.30
Price to Sales (P/S)0.00
P/FCF Ratio-5.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.01
Revenue Forecast (FY)C$238.00M
Highland Copper Business Overview & Revenue Model
Company Description
Highland Copper Company Inc., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in the United States. The company explores for copper deposits. Its primary properties include the Copperw...
How the Company Makes Money
null...
Highland Copper Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
52
Neutral
Cash Flow
21
Negative
| Breakdown | TTM | Sep 2025 | Jun 2024 | Sep 2022 | Sep 2021 | Sep 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | -17.03K | -7.42K | -21.82K |
| EBITDA | -7.73M | -11.60M | -13.42M | -7.71M | -4.73M | 16.22M |
| Net Income | -12.80M | -16.08M | 24.20M | -6.80M | -2.06M | 17.68M |
Balance Sheet | ||||||
| Total Assets | 44.25M | 50.09M | 58.63M | 31.92M | 37.61M | 41.79M |
| Cash, Cash Equivalents and Short-Term Investments | 5.69M | 10.33M | 20.26M | 7.03M | 12.93M | 2.98M |
| Total Debt | 10.90M | 9.51M | 2.38M | 0.00 | 0.00 | 23.97M |
| Total Liabilities | 13.34M | 12.52M | 5.92M | 3.94M | 3.36M | 26.48M |
| Stockholders Equity | 30.92M | 37.57M | 52.71M | 27.98M | 34.26M | 15.31M |
Cash Flow | ||||||
| Free Cash Flow | -8.81M | -9.73M | -12.09M | -6.70M | -5.69M | -643.62K |
| Operating Cash Flow | -8.56M | -9.73M | -11.82M | -6.42M | -5.37M | -386.34K |
| Investing Cash Flow | -108.69K | -356.73K | 25.10M | 613.73K | 1.01M | 2.74M |
| Financing Cash Flow | -31.01K | 0.00 | 0.00 | 0.00 | 14.33M | 432.46K |
Highland Copper Technical Analysis
Positive
0.16
Price Trends
0.16
Negative
0.15
Positive
0.14
Positive
Market Momentum
>-0.01
Negative
60.79
Neutral
91.53
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:HI, the sentiment is Positive. The current price of 0.16 is above the 20-day moving average (MA) of 0.13, below the 50-day MA of 0.16, and above the 200-day MA of 0.14, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 60.79 is Neutral, neither overbought nor oversold. The STOCH value of 91.53 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:HI.
Highland Copper Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
55 Neutral | C$192.82M | -56.86 | -15.12% | ― | ― | 71.30% | |
50 Neutral | C$27.41M | -9.85 | -255.06% | ― | ― | 1.23% | |
49 Neutral | C$186.03M | -1.02 | -3.35% | ― | 128.86% | ― | |
47 Neutral | C$22.19M | 0.27 | 4512.49% | ― | -100.00% | 35.19% | |
45 Neutral | C$118.11M | -6.43 | -35.86% | ― | ― | 22.47% |
* Basic Materials Sector Average
TSE:HI
Highland Copper
0.16
0.07
68.42%
TSE:USCU
US Copper Corp
0.18
0.13
288.89%
TSE:TM
Trigon Metals Inc
0.41
0.16
62.00%
TSE:GCU
Gunnison Copper
0.44
0.18
66.04%
TSE:ECU
Element 29 Resources
1.24
0.91
275.76%
Highland Copper Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Highland Copper Gains White House Recognition in U.S. Mining Expansion Drive
Positive
Apr 6, 2026
Highland Copper has been highlighted by the White House as a contributor to the expansion of U.S. domestic copper mining, underscoring the strategic role of its Copperwood project in Michigan. The recognition comes in an official fact sheet on str...
Business Operations and StrategyFinancial DisclosuresM&A Transactions
Highland Copper Sells White Pine Stake to Fund Copperwood Push
Positive
Mar 2, 2026
Highland Copper has sold its 34% stake in the White Pine North Project in Michigan to joint venture partner Kinterra Copper USA for US$30.1 million, receiving US$18.3 million in cash after settling an US$11.8 million loan owed to Kinterra. The pro...
Business Operations and Strategy
Highland Copper Ramps Up Investor Outreach With Virtual Conference and New IR Mandate
Positive
Feb 10, 2026
Highland Copper Company Inc., a Canadian copper explorer and developer with key assets in Michigan’s Upper Peninsula, including the Copperwood deposit and a 34% stake in the White Pine North project, is listed on the TSX Venture Exchange und...
Business Operations and Strategy
Highland Copper Ramps Up Investor Outreach With Series of Conference Appearances
Positive
Feb 3, 2026
Highland Copper announced that CEO Barry O’Shea will present at a series of upcoming investor and mining conferences, including virtual equity and metals mining events as well as Red Cloud’s Pre-PDAC Mining Showcase and PDAC in Toront...
Business Operations and StrategyM&A TransactionsPrivate Placements and Financing
Highland Copper Sets 2026 Plan to Push Copperwood Toward Construction Decision
Positive
Jan 27, 2026
Highland Copper outlined its 2026 work plan for the Copperwood Project in Michigan, aiming to move the asset toward a construction decision by completing front-end engineering and design, advancing project financing, and progressing key technical ...
Business Operations and StrategyM&A Transactions
Highland Copper to Sell 34% White Pine Stake to Kinterra for US$30 Million
Positive
Jan 13, 2026
Highland Copper has signed a definitive agreement to sell its 34% interest in the White Pine North Project to joint-venture partner Kinterra Copper USA for total consideration of about US$30 million, including US$18.3 million in cash net of an out...
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.