Los Andes Copper (LA) AI Stock Analysis

• Market Cap: C$360.68M
• Dividend Yield: N/A
• Average Volume (3M): 6.48K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.52
• Revenue Growth: N/A
• EPS Growth: -41.70%
• Country: CA
• Employees: 11
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Copper
• EPS (TTM): N/A
• Shares Outstanding: 29,564,175
• 10 Day Avg. Volume: 9,302
• 30 Day Avg. Volume: 6,484
• PEG Ratio: <0.01
• Price to Book (P/B): 3.02
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -42.95
• 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): -0.09
• Revenue Forecast (FY): N/A

• Rating: 42 Neutral
• Price Target: C$13.50 ▼(-1.82% Downside)
• Action: Reiterated Date: 03/07/26
• Date: Action: Reiterated 03/07/26

The score is primarily constrained by weak financial performance (no revenue, widening losses, and ongoing cash burn) and limited valuation support due to negative earnings. Technicals are also soft in the near term (below key short-term averages with negative MACD), partially offset by a stronger longer-term trend and a relatively solid balance sheet with moderate leverage.

Positive Factors

Balance sheet strength

A sizeable equity base (~$82.7M) and relatively low reported debt-to-equity (~0.21) give the company runway to fund ongoing studies and exploration without extreme leverage. This conservative capital structure supports strategic options (JV, asset sale, staged development) and reduces immediate solvency risk over the coming months.

Advancing core asset

The Vizcachitas project is a clear, development-stage core asset with active drilling, resource definition, engineering studies and permitting. Continued technical and permitting progress materially de-risks long-term development pathways and increases the probability of partner interest, asset-sale, or eventual construction decisions.

Improving cash trend

Although free cash flow remains negative, a reported ~42% improvement TTM indicates management has reduced cash burn or better phased expenditures. If sustained, this trend lengthens the company’s financing runway, lowers near-term dilution risk, and improves odds of reaching key development milestones without urgent capital raises.

Negative Factors

Pre-revenue losses

The company remains pre-revenue with negative gross profit and a widening TTM net loss (~$5.5M). Persistent operating losses reduce retained capital, increase the need for external funding, and undermine the company’s ability to self-fund advancement, making long-term project delivery contingent on successful financing or partner deals.

Sustained cash burn

Negative operating cash flow and sizable negative free cash flow force reliance on external financing (typically equity issuances). For a pre-production miner, continued cash burn increases dilution risk, can slow project work if markets tighten, and constrains strategic flexibility across the 2–6 month horizon.

Rising debt and negative ROE

Total debt increasing materially while ROE is negative raises long-term financial risk for a non‑producing company. Higher debt adds fixed obligations and interest exposure, which combined with negative returns, narrows funding options and increases vulnerability if capital markets or commodity conditions deteriorate.

Los Andes Copper Business Overview & Revenue Model

Company Description

Los Andes Copper Ltd. acquires, explores, and develops copper deposits in Canada and Chile. It operates through three segments: Mineral Exploration, Hydroelectric Project, and Corporate. The company holds 100% interest in the Vizcachitas copper, molybdenum, and silver porphyry project located north of Santiago, Region V, Chile. It is also involved in the development of a hydroelectric project. Los Andes Copper Ltd. was incorporated in 1983 and is headquartered in Vancouver, Canada. Los Andes Copper Ltd. operates as a subsidiary of Turnbrook Mining Limited.

How the Company Makes Money

Los Andes Copper is a pre-revenue exploration and development company and, based on publicly available information, does not generate recurring operating revenue from producing mines. The company primarily funds its activities through external financing—typically equity issuances (private placements/public offerings) and potentially other capital-raising transactions—used to pay for exploration, technical studies (e.g., resource updates, preliminary economic assessments/feasibility work), environmental/permitting work, and general corporate expenses. If the Vizcachitas project advances, potential future monetization pathways would generally include (i) selling the project (asset sale), (ii) bringing in a partner via a joint venture or earn-in arrangement, (iii) selling a royalty/stream over future production, or (iv) developing and operating a mine to generate revenue from copper and molybdenum concentrate sales; however, specific terms, counterparties, and the extent to which any of these will occur are not available as confirmed revenue streams at present.

Los Andes Copper Financial Statement Overview

Summary

Weak fundamentals for an early-stage profile: no revenue, negative gross profit, widening net losses, and sustained negative operating/free cash flow. The main offset is a comparatively solid equity base and moderate leverage, which provides some financial flexibility.

Income Statement

Across both TTM (Trailing-Twelve-Months) and annual periods, the company reports no revenue and consistently negative gross profit, reflecting a pre-production/early-stage profile. Losses have widened meaningfully in the most recent periods (TTM net loss of about $5.5M vs. ~$0.1M loss in 2023 and a small profit in 2024), pointing to rising cost levels and weaker earnings quality. The main positive is that losses are still modest relative to the balance sheet size, but overall profitability and operating momentum remain weak.

Balance Sheet

The balance sheet is a relative strength: leverage appears moderate with debt-to-equity around 0.21 in TTM (Trailing-Twelve-Months), supported by a sizeable equity base (~$82.7M). Total debt has increased over time (from ~$4.3M in 2021 to ~$17.0M TTM), but the capital structure still looks conservatively funded for the sector. The key weakness is negative return on equity in the latest periods, indicating the equity base is not currently generating profits and future funding needs could increase if losses persist.

Cash Flow

Cash generation is weak with negative operating cash flow and negative free cash flow across all periods, including TTM (Trailing-Twelve-Months) operating cash flow of about -$2.9M and free cash flow of about -$8.1M. While free cash flow has improved versus the prior year in several periods (TTM free cash flow growth reported at ~42%), the business is still consuming cash rather than generating it. Ongoing cash burn raises reliance on external financing, particularly if spending levels remain elevated.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	-153.09K	0.00	-197.00	-117.00K	-116.00K
EBITDA	-589.47K	-2.07K	-3.07M	-4.11M	-766.87K
Net Income	-4.41M	5.37K	-99.86K	-10.90M	-1.65M
Balance Sheet
Total Assets	117.34M	107.92M	110.88M	97.15M	91.07M
Cash, Cash Equivalents and Short-Term Investments	22.79M	29.32M	34.55M	6.32M	8.77M
Total Debt	16.77M	14.61M	13.30M	12.41M	4.28M
Total Liabilities	36.59M	21.32M	29.13M	35.11M	16.09M
Stockholders Equity	80.75M	86.60M	81.76M	62.04M	74.98M
Cash Flow
Free Cash Flow	-5.67M	-6.00M	-10.14M	-14.75M	-5.30M
Operating Cash Flow	-1.04M	-536.67K	-3.17M	-2.80M	-1.49M
Investing Cash Flow	-4.64M	-4.06M	16.44M	-11.44M	302.12K
Financing Cash Flow	-128.11K	-1.07M	14.71M	10.77M	5.53M

Los Andes Copper Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 13.75
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:LA, the sentiment is Negative. The current price of 13.75 is above the 20-day moving average (MA) of 13.58, below the 50-day MA of 14.46, and above the 200-day MA of 9.32, indicating a neutral trend. The MACD of -0.56 indicates Positive momentum. The RSI at 40.22 is Neutral, neither overbought nor oversold. The STOCH value of 66.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:LA.

Los Andes 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%
ECU	55 Neutral	C$194.38M	-56.86	-15.12%	―	―	71.30%
ATCU	51 Neutral	C$130.95M	-39.01	-1.44%	―	―	―
CUU	47 Neutral	C$387.09M	-361.97	-1.26%	―	―	36.84%
HI	47 Neutral	C$103.35M	-6.43	-35.86%	―	―	22.47%
LA	42 Neutral	C$360.68M	-48.09	-6.57%	―	―	-41.70%

Los Andes Copper Corporate Events

Los Andes Copper CEO Departs to Become Chile’s Mines Minister, Interim Chief Named

Los Andes Copper announced a leadership change as chief executive officer Santiago Montt resigned to become Chile’s Minister of Mines in the incoming government of President Jose Antonio Kast, with chief geologist Antony Amberg stepping in as interim CEO while the board conducts a search for a permanent successor. The company emphasized Montt’s role in elevating the Vizcachitas project into the country’s largest greenfield copper project not controlled by major miners and in embedding sustainability and community engagement into its development, suggesting that despite the transition, management remains confident in the project’s trajectory and the leadership team’s ability to carry it forward without disrupting its strategic momentum.