Kincora Copper (KCC) AI Stock Analysis

• Market Cap: C$44.89M
• Dividend Yield: N/A
• Average Volume (3M): 57.88K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.20
• Revenue Growth: N/A
• EPS Growth: -36.80%
• Country: CA
• Employees: 14
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Copper
• EPS (TTM): -0.06
• Shares Outstanding: 42,755,370
• 10 Day Avg. Volume: 75,297
• 30 Day Avg. Volume: 57,883
• PEG Ratio: -0.11
• Price to Book (P/B): 0.43
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -7.72
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 50 Neutral
• Price Target: C$0.99 ▼(-11.61% Downside)

The score is held back mainly by weak financial performance (pre-revenue losses and ongoing cash burn despite zero debt). Technicals are neutral-to-mildly supportive with price well above the 200DMA but still below the 50DMA. Corporate events add a modest positive tilt via drilling progress and grant support, while valuation is constrained by negative earnings and no dividend yield.

Positive Factors

Strategic Partnership

The expanded joint venture with AngloGold Ashanti secures up to $100 million in funding, enhancing Kincora's exploration capabilities and industry positioning, potentially leading to significant discoveries and increased shareholder value.

Debt-Free Balance Sheet

A debt-free balance sheet reduces financial risks and provides Kincora with greater flexibility to invest in exploration and development activities without the burden of interest payments, supporting long-term operational stability.

Exploration Potential

The expansion of the Nyngan drilling program indicates promising initial results, suggesting significant exploration potential. This could lead to valuable discoveries, enhancing Kincora's asset base and long-term growth prospects.

Negative Factors

Lack of Revenue

The absence of revenue generation is a critical issue, highlighting the company's reliance on external funding and partnerships. This lack of income stream poses sustainability challenges and limits self-sufficiency in the long term.

Negative Cash Flow

Consistent negative cash flow reflects ongoing cash burn without revenue support, which could strain financial resources and hinder Kincora's ability to fund future exploration and development activities independently.

Persistent Losses

Ongoing operating and net losses highlight financial struggles, undermining profitability and long-term viability. This persistent unprofitability could deter potential investors and limit access to capital markets.

Kincora Copper Business Overview & Revenue Model

Company Description

Kincora Copper Limited acquires, explores for, and develops mineral properties in Mongolia and Australia. It primarily explores for copper and gold deposits. The company holds interests in the Trundle, Fairholme, Northern Junee-Narromine Belt, Jemalong, Cundumbul, and Condobolin projects located in the New South Wales, Australia. It also owns interests in the Bronze Fox property located in Mandakh soum, Dornogovi; and Tourmaline Hills property located in Manlai soum, Omnogovi. The company was formerly known as Brazilian Diamonds Limited and changed its name to Kincora Copper Limited in January 2011. Kincora Copper Limited was incorporated in 1983 and is headquartered in Vancouver, Canada.

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	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	-73.00K	-93.00K	-20.00K	-66.00K	-83.00K	-129.00K
EBITDA	-3.32M	-2.46M	-1.39M	-1.90M	-22.50M	-32.10M
Net Income	-3.60M	-2.56M	-1.46M	-1.96M	-22.58M	-32.23M
Balance Sheet
Total Assets	21.23M	17.96M	17.75M	16.09M	16.29M	28.53M
Cash, Cash Equivalents and Short-Term Investments	4.53M	2.46M	1.53M	2.22M	4.83M	4.46M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	733.00K	672.00K	248.00K	465.00K	681.00K	832.00K
Stockholders Equity	20.50M	17.29M	17.50M	15.63M	15.61M	27.70M
Cash Flow
Free Cash Flow	-2.99M	-974.00K	-2.78M	-4.11M	-8.33M	-3.58M
Operating Cash Flow	-1.08M	-882.00K	-1.22M	-1.12M	-2.13M	-392.00K
Investing Cash Flow	-335.00K	311.00K	-1.32M	-2.78M	-6.35M	-3.19M
Financing Cash Flow	5.13M	1.16M	2.41M	1.33M	9.09M	5.14M

Kincora Copper Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.12
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:KCC, the sentiment is Positive. The current price of 1.12 is above the 20-day moving average (MA) of 1.00, above the 50-day MA of 1.04, and above the 200-day MA of 0.70, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 52.81 is Neutral, neither overbought nor oversold. The STOCH value of 56.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:KCC.

Kincora Copper Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
KCC	50 Neutral	C$44.89M	-8.71	-18.92%	―	―	-36.80%
USCU	50 Neutral	C$26.24M	-22.50	-162.83%	―	―	1.23%
CPER	44 Neutral	C$10.11M	-2.37	-84.76%	―	―	-11.14%
CCI	42 Neutral	C$54.62M	-21.09	-78.57%	―	―	-164.42%

Kincora Copper Corporate Events

Kincora Copper Issues Shares for Services to Strengthen Market Position

Kincora Copper Limited has issued common shares as compensation for services rendered between July 2024 and June 2025, following approval from disinterested shareholders. The issuance, which involves insiders and is considered a ‘related party transaction’, is subject to regulatory approvals and complies with Multilateral Instrument 61-101. This strategic move is part of Kincora’s ongoing efforts to strengthen its operations and market positioning by leveraging its project portfolio in key copper-gold regions.

Kincora Copper Begins Drilling at Promising Wongarbon Project

Kincora Copper has commenced drilling at the Wongarbon porphyry project, targeting a large magnetic anomaly indicative of a potential gold-copper porphyry deposit. The project, supported by a funding grant from the New South Wales State Government, aims to explore one of the few remaining untested intrusive complexes in the Macquarie Arc. The drilling is expected to provide valuable geological information, aiding future exploration and optimizing Kincora’s partnership with Fleet Space Technologies. This initiative aligns with Kincora’s strategy of capital-efficient exploration, offering significant potential returns to shareholders.

Kincora Copper Announces Board Changes with New Appointment

Kincora Copper Limited announced the appointment of James Durrant to its Board of Directors, replacing Jeremy Robinson. Durrant, with extensive experience in mining and project development, is expected to bring valuable skills to Kincora’s strategic goals. This change is seen as a move to ensure continuity and alignment of key shareholders, enhancing the company’s business development capabilities.

Kincora Copper Secures Government Grant for Wongarbon Drilling

Kincora Copper Limited has been awarded a A$143,483 grant by the New South Wales State Government to support drilling at its Wongarbon project. This grant, part of the Critical Minerals and High-Tech Metals Exploration Program, underscores the favorable investment climate in NSW and highlights the region’s potential for significant copper and critical mineral discoveries. The funding will facilitate the first-ever drilling to basement geology at Wongarbon, advancing Kincora’s exploration efforts in the Macquarie Arc, a globally recognized copper-gold jurisdiction. This initiative aligns with the NSW Critical Minerals Strategy 2024-35, aiming to position the state as a leader in critical minerals exploration and economic prosperity.

Kincora Copper Advances Exploration at Condobolin Project

Kincora Copper Limited has initiated an airborne geophysical survey at its Condobolin project in the Cobar Basin, aiming to identify new targets and refine existing mineralized systems. The company is expanding its project area and preparing for diamond drilling at the Meritilga target, driven by near-record gold and silver prices. This strategic move is part of a broader, capital-efficient exploration campaign designed to capitalize on the strong precious metals market, with potential implications for significant value addition and new discoveries in the historically rich mining region.