US Copper Corp (USCU) AI Stock Analysis

• Market Cap: C$5.93M
• Dividend Yield: N/A
• Average Volume (3M): 79.17K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.91
• Revenue Growth: N/A
• EPS Growth: 47.59%
• Country: CA
• Employees: 4
• Sector: Basic Materials
• Sector Strength: 62
• Industry: Copper
• EPS (TTM): N/A
• Shares Outstanding: 131,821,290
• 10 Day Avg. Volume: 92,158
• 30 Day Avg. Volume: 79,174
• 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

US Copper Corp's stock is heavily impacted by its poor financial health, with no revenue and negative cash flows posing significant risks. While technical and valuation indicators are weak, recent corporate actions offer some positive outlook. However, the overall risks overshadow potential gains.

US Copper Corp Business Overview & Revenue Model

Company Description

US Copper Corp., an exploration stage company, engages in the exploration and evaluation of mineral properties in Canada and the United States. It explores for copper, nickel, gold, and silver deposits. The company has 100% interests in the Moonlight-Superior copper project located in the Plumas County, California; and the Black Warrior project that include 2 patented claims located in the Esmeralda County, Nevada. It also holds 100% interests in the Timore project located in Ontario; and the Warren Whiteside project that include 14 patented mining claims located in Whiteside Township in Ontario. The company was formerly known as Crown Mining Corp. and changed its name to US Copper Corp. in April 2021. US Copper Corp. was incorporated in 2007 and is headquartered in Kitchener, Canada.

How the Company Makes Money

US Copper Corp generates revenue primarily through the sale of copper extracted from its mining operations. The company's revenue model is based on the production and sale of copper concentrate, which is sold to smelters and refiners. US Copper Corp's earnings are influenced by copper market prices, operational efficiency, and the quality and volume of copper ore extracted. Additionally, the company may engage in strategic partnerships or joint ventures with other mining or resource companies to optimize its mining operations and expand its resource base, further contributing to its revenue streams.

US Copper Corp Financial Statement Overview

Summary

US Copper Corp faces significant financial challenges with no revenue, negative margins, and poor cash flow performance. Minimal leverage provides some stability, but reliance on external financing raises long-term viability concerns.

Income Statement

US Copper Corp is currently not generating any revenue, which severely impacts its financial health and growth potential. This lack of revenue results in consistently negative net income and EBIT, indicating operational challenges. The company exhibits no revenue growth, highlighting a stagnant trajectory. The absence of gross profit and negative margins across the board suggest that the business is struggling to cover its operational costs.

Balance Sheet

The company maintains a solid equity position with a positive stockholders' equity, indicating some financial stability. However, the lack of revenue generation and accumulating losses are concerning. The company appears to have no debt, which is a positive aspect, but the declining total assets and stockholders' equity over time suggest potential financial strain. The equity ratio remains strong, pointing to a low leverage situation, but the company's inability to generate revenue is a significant risk.

Cash Flow

US Copper Corp's cash flow situation is precarious with substantial negative operating and free cash flows, reflecting liquidity issues. The company relies heavily on financing activities to cover its cash outflows, which is unsustainable in the long term. The absence of positive cash flow from operations highlights a lack of internal cash generation capability, posing significant risks to its financial health.

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
-7.02K	-8.80K	0.00	0.00	0.00
	EBIT
-1.48M	-593.67K	-2.45M	-541.53K	-346.12K
	EBITDA
-1.64M	-668.87K	0.00	-541.53K	-346.12K
	Net Income Common Stockholders
―	-677.67K	-2.41M	-541.53K	-346.12K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
670.35K	1.99M	2.56M	1.63M	2.42K
	Total Assets
703.87K	2.03M	2.70M	1.64M	7.20K
	Total Debt
0.00	0.00	0.00	60.00K	0.00
	Net Debt
-581.10K	-1.88M	-2.53M	-1.57M	-2.42K
	Total Liabilities
69.78K	32.27K	37.56K	66.69K	52.87K
	Stockholders Equity
634.09K	2.00M	2.66M	1.57M	-45.67K
Cash Flow		Free Cash Flow
-1.45M	-651.33K	-2.34M	-366.92K	-320.86K
	Operating Cash Flow
-1.45M	-651.33K	-2.30M	-366.92K	-320.86K
	Investing Cash Flow
0.00	0.00	-43.92K	0.00	0.00
	Financing Cash Flow
150.00K	0.00	3.24M	2.00M	310.92K

US Copper Corp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.04
• 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:USCU, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.05, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 42.43 is Neutral, neither overbought nor oversold. The STOCH value of -33.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:USCU.

US Copper Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	49 Neutral	$1.96B	-1.23	-21.20%	3.72%	0.88%	-29.24%
CPER	45 Neutral	C$4.05M	―	-69.58%	―	―	1.74%
TM	39 Underperform	C$11.65M	―	-81.80%	―	―	―
KCC	38 Underperform	C$8.75M	―	-14.69%	―	―	-25.32%
USCU	36 Underperform	C$5.93M	―	-311.56%	―	―	47.59%
WCU	33 Underperform	C$9.60M	―	-104.33%	―	―	-463.67%

US Copper Corp Corporate Events

US Copper Corp. to Benefit from Accelerated Permitting Procedures

US Copper Corp. is poised to benefit from the US Government’s new emergency permitting procedures aimed at accelerating the development of domestic critical minerals. This policy change, reducing permitting timelines from years to just 28 days, is expected to minimize permitting uncertainty, attract investment, and expedite the development of US Copper’s Moonlight-Superior Project, enhancing the company’s role as a key domestic copper supplier.

Spark’s Take on TSE:USCU Stock

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

US Copper Corp struggles with financial instability, marked by no revenue and liquidity issues. While technical momentum is positive, caution is warranted due to potential overbought conditions. Valuation remains weak with a negative P/E ratio. Recent corporate actions, including a strategic advisor appointment and private placement, could enhance operational prospects.

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

US Copper Corp Completes $500,000 Private Placement

US Copper Corp has successfully completed a $500,000 non-brokered private placement, issuing 10,000,000 units at $0.05 per unit. Each unit comprises one common share and one warrant, with the warrants allowing purchase at $0.08 within two years. The raised funds are intended for general working capital purposes, and the involvement of company insiders in the transaction highlights a ‘related party transaction’ situation. This move is likely to support US Copper’s operational liquidity and could enhance its market positioning by demonstrating insider confidence in the company’s strategies.