Coast Copper Corp (COCO) AI Stock Analysis

• Market Cap: C$4.48M
• Dividend Yield: N/A
• Average Volume (3M): 47.41K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.87
• Revenue Growth: N/A
• EPS Growth: 58.28%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 59
• Industry: Other Precious Metals
• EPS (TTM): >-0.01
• Shares Outstanding: 74,651,690
• 10 Day Avg. Volume: 74,100
• 30 Day Avg. Volume: 47,408
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -3.50
• 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

Coast Copper Corp's overall score reflects its challenging financial performance, with significant operational losses and no revenue. The technical indicators show modest positive momentum, but the negative P/E ratio signals valuation concerns. Recent acquisitions improve future exploration prospects, but financial stability remains a major issue.

Coast Copper Corp Business Overview & Revenue Model

Company Description

Coast Copper Corp (COCO) is a Canadian-based exploration and development company primarily focused on the acquisition, exploration, and development of mineral properties. The company specializes in copper and other base metal projects, targeting regions with high mineral potential. Coast Copper Corp aims to identify and develop economically viable mineral deposits to contribute to the supply of essential metals used in various industries.

How the Company Makes Money

Coast Copper Corp generates revenue primarily through the exploration and development of its mineral properties. The company earns money by identifying and acquiring promising mineral deposits, which are then explored to determine their economic viability. Once viable deposits are confirmed, Coast Copper Corp seeks to develop these resources into operational mines, either independently or through partnerships and joint ventures with other mining companies. Revenue is generated through the sale of mineral commodities extracted from these mines, including copper and other base metals. Additionally, the company may engage in strategic partnerships for exploration and development activities, which can provide financial support and shared expertise, contributing to the company's earnings.

Coast Copper Corp Financial Statement Overview

Summary

Coast Copper Corp is facing significant financial challenges, with zero revenue and substantial operational losses. Although there is some improvement in equity, the overall financial health is weak due to negative cash flow from operations and a lack of profitability.

Income Statement

Coast Copper Corp has faced consistent revenue challenges with zero revenue reported over multiple periods. The negative EBIT and net income indicate ongoing operational difficulties. The company has not been able to generate gross profit, and the net losses are substantial, reflecting a challenging financial position.

Balance Sheet

Despite the absence of debt, which reflects prudent financial management, the company has a negative equity situation as of 2019, which has improved in recent years. The current equity position is positive, but the absence of revenue and high liabilities relative to assets pose potential risks.

Cash Flow

The cash flow situation is concerning with negative free cash flows over the years, indicating that the company is not generating sufficient cash from operations to cover its investments. Positive investing cash flow suggests asset sales or similar activities, but the consistent negative operating cash flow highlights operational inefficiencies.

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
-1.71K	-1.71K	-567.00	0.00	0.00	0.00
	EBIT
-385.11K	-890.85K	-3.89M	-1.70M	-1.00M	-358.42K
	EBITDA
-725.15K	-890.85K	-1.69M	-1.28M	-1.00M	-358.42K
	Net Income Common Stockholders
-436.67K	-972.01K	303.80K	-1.28M	-925.92K	-295.14K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
856.64K	319.88K	416.64K	1.57M	1.49M	159.01K
	Total Assets
2.54M	2.49M	3.28M	2.68M	2.30M	164.03K
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-561.06K	-36.73K	-80.90K	-1.45M	-1.46M	-159.01K
	Total Liabilities
63.06K	205.69K	126.63K	382.48K	166.31K	411.36K
	Stockholders Equity
2.48M	2.28M	3.16M	2.30M	2.14M	-247.33K
Cash Flow		Free Cash Flow
-1.19M	-1.02M	-1.98M	-1.62M	-1.08M	-28.33K
	Operating Cash Flow
-823.95K	-817.33K	-1.78M	-1.50M	-1.00M	-28.33K
	Investing Cash Flow
840.05K	773.16K	9.52K	-103.83K	-52.11K	0.00
	Financing Cash Flow
508.24K	0.00	402.00K	1.59M	2.36M	0.00

Coast Copper Corp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.06
• 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:COCO, the sentiment is Positive. The current price of 0.06 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.05, and above the 200-day MA of 0.05, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 57.33 is Neutral, neither overbought nor oversold. The STOCH value of 75.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:COCO.

Coast Copper Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WRN	55 Neutral	$332.00M	―	-4.25%	―	―	-77.62%
IVN	50 Neutral	$17.85B	56.46	5.25%	―	―	-33.54%
Sector *	47 Neutral	$2.66B	-3.14	-22.17%	3.33%	3.73%	-29.29%
COCO	43 Neutral	C$4.48M	―	-18.36%	―	―	58.28%
TK	37 Underperform	C$22.48M	―	-1.26%	―	―	35.14%
NCX	33 Underperform	C$192.91M	―	-73.59%	―	―	-62.76%

Coast Copper Corp Corporate Events

Coast Copper Expands Holdings with Copper Kettle Property Acquisition

Coast Copper Corp announced the acquisition of the Copper Kettle property, strategically located between the past-producing Island Copper Mine and Northisle Copper and Gold Inc.’s North Island project. This acquisition enhances Coast Copper’s positioning within a 50-kilometer trend known for porphyry copper-gold deposits, potentially boosting its exploration prospects. The Copper Kettle property, covering 2,582 hectares, is noted for its historical exploration results indicating significant copper and gold mineralization, which could impact the company’s future operations and stakeholder interests.

Coast Copper Expands Portfolio with New BC Mineral Acquisitions

Coast Copper Corp has announced the acquisition of five strategically located mineral properties in British Columbia, Canada, enhancing its portfolio with projects like the Rock Canyon South rare earth and fluorite property, the Virginia Silver project, and others. This move aligns with the company’s 2024 goal of strategic acquisitions, potentially strengthening its industry position and offering new opportunities for stakeholders.