Kincora Copper (KCC) AI Stock Analysis

• Market Cap: C$8.75M
• Dividend Yield: N/A
• Average Volume (3M): 217.53K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.09
• Revenue Growth: N/A
• EPS Growth: -25.32%
• Country: CA
• Employees: 14
• Sector: Basic Materials
• Sector Strength: 61
• Industry: Copper
• EPS (TTM): >-0.01
• Shares Outstanding: 291,720,920
• 10 Day Avg. Volume: 122,840
• 30 Day Avg. Volume: 217,530
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• 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 stock is significantly impacted by its poor financial performance, with no revenue and ongoing losses overshadowing its debt-free status. Technical analysis indicates a lack of positive momentum, and valuation metrics reflect financial challenges. Despite a positive corporate event, these factors result in a low overall stock score.

Kincora Copper Business Overview & Revenue Model

Company Description

Kincora Copper (KCC) is a mineral exploration company focused on the discovery and development of copper and gold projects. The company operates in key mining regions, primarily in Mongolia and Australia, where it holds a range of exploration licenses. KCC's core activities include identifying highly prospective mineral deposits, advancing exploration programs, and forming strategic partnerships to enhance its project development capabilities.

How the Company Makes Money

Kincora Copper makes money through the discovery and development of mineral resources, primarily copper and gold. The company generates revenue by increasing the value of its exploration projects through successful exploration and development, which can then be sold to or partnered with larger mining companies. KCC may also enter into joint ventures or option agreements with other mining entities, allowing them to leverage external expertise and capital to advance their projects. Additionally, KCC might raise funds through equity financing to support its exploration activities, which provides the financial resources needed to identify and develop profitable mining projects.

Kincora Copper Financial Statement Overview

Summary

Kincora Copper is facing severe financial difficulties with no revenue generation and consistent operating and net losses. Despite a strong equity position with no debt, the negative cash flow trend and lack of profitability highlight significant sustainability concerns.

Income Statement

Kincora Copper's income statement reveals persistent negative gross profit and net income, with no revenue generation over the past years. The company has consistently reported operating and net losses, indicating a challenging financial environment and lack of revenue streams, which is concerning for long-term sustainability.

Balance Sheet

The balance sheet shows a strong equity position with no debt, leading to a healthy equity ratio. However, the company's inability to generate revenue and accumulate profits undermines the benefits of its solid equity base. The lack of liabilities reduces financial risks, but the company needs to address its revenue challenges.

Cash Flow

The cash flow statement highlights a negative operating cash flow trend and significant negative free cash flow, reflecting cash burn without revenue support. While financing activities have helped offset some deficits, consistent negative cash flow poses sustainability concerns.

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

Kincora Copper Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.03
• 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 0.03 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 42.64 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 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
Sector *	49 Neutral	$1.95B	-1.32	-21.23%	3.72%	0.87%	-29.37%
CPER	45 Neutral	C$4.55M	―	-69.58%	―	―	1.74%
TM	39 Underperform	C$11.65M	―	-81.80%	―	―	―
BCU	39 Underperform	$4.78M	―	-6.05%	―	―	-13.92%
KCC	38 Underperform	C$8.75M	―	-14.69%	―	―	-25.32%
USCU	36 Underperform	C$5.93M	―	-311.56%	―	―	47.59%
WCU	33 Underperform	C$9.50M	―	-104.33%	―	―	-463.67%

Kincora Copper Corporate Events

Kincora Copper Expands Joint Venture with AngloGold Ashanti

Kincora Copper Limited has announced a major amendment to its Earn-in and Joint Venture Agreement with AngloGold Ashanti, expanding their partnership in the Northern Junee-Narromine Belt of the Macquarie Arc. This development supports total expenditures of up to $100 million, marking a significant milestone in Kincora’s exploration and asset-level partner strategy. The expanded partnership is expected to enhance Kincora’s industry positioning and operational capabilities, potentially benefiting stakeholders through increased exploration activities and potential discoveries.

Spark’s Take on TSE:KCC Stock

According to Spark, TipRanks’ AI Analyst, TSE:KCC is a Neutral.

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.

To see Spark’s full report on TSE:KCC stock, click here.

Kincora Copper Expands Joint Venture with AngloGold Ashanti

Kincora Copper has amended its agreement with AngloGold Ashanti to expand their joint venture in the Northern Junee-Narromine Belt, securing up to $100 million in funding for exploration. This strategic move allows Kincora to accelerate drilling plans across multiple projects, enhancing its position in the copper exploration industry and potentially increasing shareholder value through a self-funding model.

Spark’s Take on TSE:KCC Stock

According to Spark, TipRanks’ AI Analyst, TSE:KCC is a Neutral.

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.

To see Spark’s full report on TSE:KCC stock, click here.

Kincora Copper Expands Nyngan Drilling Program with AngloGold Ashanti

Kincora Copper, in collaboration with AngloGold Ashanti, has expanded its first drilling program at the Nyngan project following promising initial results. The ongoing exploration has revealed district-scale deposit potential with notable copper and pathfinder mineral occurrences. The program has been extended to include up to twenty drill holes, supported by a ground gravity survey. Kincora is managing the programs and AngloGold Ashanti may invest up to A$50 million to secure an 80% stake in the projects, indicating significant confidence and potential impact on operations and industry positioning.