Kincora Copper (KCC) AI Stock Analysis

• Market Cap: C$7.29M
• Dividend Yield: N/A
• Average Volume (3M): 51.40K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.75
• Revenue Growth: N/A
• EPS Growth: 9.47%
• Country: CA
• Employees: 14
• Sector: Basic Materials
• Sector Strength: 59
• Industry: Copper
• EPS (TTM): >-0.01
• Shares Outstanding: 291,720,920
• 10 Day Avg. Volume: 52,804
• 30 Day Avg. Volume: 51,402
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -9.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Kincora Copper's overall stock score reflects significant operational challenges due to its lack of revenue and consistent financial losses. The company's strong balance sheet, with no debt, mitigates some risks but is overshadowed by negative cash flows and poor profitability. Technical analysis indicates weak momentum, and the valuation metrics underscore the financial struggles, resulting in a low attractiveness for potential investors.

Kincora Copper Business Overview & Revenue Model

Company Description

Kincora Copper (KCC) is a mineral exploration company focused on the discovery and development of copper-gold projects. It operates primarily in Mongolia, where it holds a significant land position in the Southern Gobi region, and is involved in the exploration of porphyry copper-gold deposits. Kincora's core activities include the identification, acquisition, and exploration of mineral properties with the potential for significant copper and gold resources.

How the Company Makes Money

Kincora Copper makes money through the exploration and development of mineral properties with the potential for copper and gold deposits. The company's primary revenue streams are linked to the successful discovery and subsequent sale or joint venture of these properties to larger mining companies or investors. Kincora conducts extensive geological surveys and drilling programs to establish the viability and value of its projects. By proving the presence of economically viable mineral resources, Kincora can attract partnerships and investments from major mining corporations that are seeking to expand their resource base. Additionally, Kincora may generate revenue through the outright sale of mineral properties or by entering into joint venture agreements where it retains an interest in future production. The company's earnings are heavily dependent on the successful exploration outcomes and the prevailing market conditions for copper and gold.

Kincora Copper Financial Statement Overview

Summary

Kincora Copper faces substantial challenges with zero revenue and consistent losses. While the balance sheet remains strong due to no debt, the lack of revenue and negative cash flow highlight significant operational and financial risks. Addressing revenue generation is crucial for future sustainability.

Income Statement

The company has consistently reported zero revenue, leading to negative gross profit, EBIT, and net income figures. The lack of revenue generation is a significant weakness, and the company needs to address this to improve its financial performance.

Balance Sheet

The balance sheet indicates a strong equity position with no debt, leading to a favorable debt-to-equity ratio. However, the absence of revenue generation is a potential risk for future financial stability if not addressed.

Cash Flow

Negative free cash flow and operating cash flow highlight cash management challenges. The company relies on external financing, which is unsustainable long-term without revenue improvement. However, free cash flow improved in the TTM period, indicating some operational improvements.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-63.00K	-20.00K	-66.00K	-83.00K	-129.00K	0.00
	EBIT
-2.13M	-1.31M	-1.98M	15.90M	28.73M	546.00K
	EBITDA
-2.08M	-1.39M	-1.90M	-22.50M	-32.10M	-2.00M
	Net Income Common Stockholders
-2.11M	-1.46M	-1.96M	-22.58M	-32.23M	-4.96M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.86M	1.53M	2.22M	4.83M	4.46M	2.90M
	Total Assets
48.66M	17.75M	16.09M	16.29M	28.53M	54.29M
	Total Debt
2.36M	0.00	0.00	0.00	0.00	0.00
	Net Debt
499.00K	-1.53M	-2.22M	-4.83M	-4.46M	-2.90M
	Total Liabilities
2.60M	248.00K	465.00K	681.00K	832.00K	824.00K
	Stockholders Equity
46.06M	17.50M	15.63M	15.61M	27.70M	53.47M
Cash Flow		Free Cash Flow
-608.00K	-2.78M	-4.11M	-8.33M	-3.58M	-4.12M
	Operating Cash Flow
-708.00K	-1.22M	-1.12M	-2.13M	-392.00K	-2.09M
	Investing Cash Flow
-114.00K	-1.32M	-2.78M	-6.35M	-3.19M	-2.02M
	Financing Cash Flow
1.00K	2.41M	1.33M	9.09M	5.14M	6.08M

Kincora Copper Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:KCC, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 41.14 is Neutral, neither overbought nor oversold. The STOCH value of -100.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:KCC.

Kincora Copper Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LUN	64 Neutral	$9.22B	25.63	0.24%	3.88%	-2.71%	-188.94%
FM	63 Neutral	$13.35B	―	0.02%	―	-24.38%	99.06%
CS	60 Neutral	$4.93B	37.88	2.90%	―	20.74%	―
Sector *	47 Neutral	$2.36B	-3.00	-21.73%	3.58%	3.97%	-28.71%
IVN	46 Neutral	$13.89B	43.93	5.25%	―	―	-33.54%
KCC	43 Neutral	C$7.29M	―	-14.69%	―	―	9.47%
ERO	42 Neutral	$1.46B	67.52	-9.84%	―	11.68%	-169.49%

Kincora Copper Corporate Events

Kincora Copper Closes Private Placement Successfully

Kincora Copper Limited has successfully closed its private placement, raising over AUD$1.27 million through two tranches, with significant participation from insiders and directors. Additionally, the company announced the exercise of performance rights by key personnel, highlighting its commitment to rewarding board and management efforts.