Highland Copper (HI) AI Stock Analysis

• Market Cap: C$69.95M
• Dividend Yield: N/A
• Average Volume (3M): 80.44K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.59
• Revenue Growth: N/A
• EPS Growth: -159.13%
• Country: CA
• Employees: 14
• Sector: Basic Materials
• Sector Strength: 62
• Industry: Mining
• EPS (TTM): -0.03
• Shares Outstanding: 736,363,650
• 10 Day Avg. Volume: 90,137
• 30 Day Avg. Volume: 80,437
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -5.10
• 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

Highland Copper's overall score reflects significant financial struggles, with persistent losses and liquidity issues overshadowing modest balance sheet stability. The technical indicators suggest some positive momentum, but valuation metrics highlight profitability challenges. Positive corporate events provide some optimism for future operational improvements and community relations.

Highland Copper Business Overview & Revenue Model

Company Description

Highland Copper Company Inc. is a Canadian-based exploration company focused on exploring and developing copper projects in the Upper Peninsula of Michigan, USA. The company is primarily engaged in the acquisition, exploration, and development of copper properties, with a significant emphasis on the exploration and development of its flagship project, the Copperwood Project, which is a high-grade sediment-hosted copper deposit.

How the Company Makes Money

Highland Copper makes money primarily through the exploration and development of its copper mining projects, aiming to eventually extract and sell copper resources. The company's revenue model is centered on advancing its projects to the production stage, where it can generate income from the sale of copper. Additionally, Highland Copper may engage in strategic partnerships or joint ventures with other mining companies to share costs and risks associated with exploration and development, potentially leading to shared revenue streams upon successful extraction and sale of copper. The company's earnings are significantly influenced by copper market prices, exploration success, and the ability to efficiently manage operational costs.

Highland Copper Financial Statement Overview

Summary

Highland Copper is facing significant financial challenges, with no revenue generation and persistent losses. Although the balance sheet shows some stability with positive equity, liquidity issues highlighted by negative cash flows indicate potential operational and financial risks.

Income Statement

Highland Copper's income statement reflects significant challenges, with persistent negative EBIT and EBITDA indicating operational inefficiencies. The company has not generated any revenue over several periods, highlighting stagnation in business growth.

Balance Sheet

Highland Copper's balance sheet shows moderate strength with a positive stockholders' equity and a manageable level of debt. However, the company's equity ratio suggests some degree of financial health, albeit offset by high debt levels in previous years.

Cash Flow

The cash flow statement reveals ongoing negative operating cash flows, indicating liquidity issues. While the company has managed to secure some cash through financing activities in the past, free cash flow remains negative, posing a risk to financial sustainability.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-1.00	0.00	-17.03K	-7.42K	-21.82K	-81.60K
	EBIT
-3.07M	-13.42M	-7.49M	-4.70M	-1.63M	-1.88M
	EBITDA
-12.76M	-13.42M	-7.71M	-4.73M	16.22M	-1.80M
	Net Income Common Stockholders
-15.33M	24.20M	-6.80M	-2.06M	17.68M	-4.37M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
14.35M	20.26M	7.03M	12.93M	2.98M	-9.45K
	Total Assets
53.91M	58.63M	31.92M	37.61M	41.79M	20.89M
	Total Debt
7.92M	2.38M	0.00	0.00	23.97M	21.61M
	Net Debt
-6.43M	-17.88M	-7.03M	-12.93M	20.99M	21.62M
	Total Liabilities
10.83M	5.92M	3.94M	3.36M	26.48M	22.79M
	Stockholders Equity
43.08M	52.71M	27.98M	34.26M	15.31M	-1.90M
Cash Flow		Free Cash Flow
-7.77M	-12.09M	-6.70M	-5.69M	-643.62K	-1.99M
	Operating Cash Flow
-7.42M	-11.82M	-6.42M	-5.37M	-386.34K	-1.81M
	Investing Cash Flow
-1.35M	25.10M	613.73K	1.01M	2.74M	-172.74K
	Financing Cash Flow
0.00	0.00	0.00	14.33M	432.46K	1.58M

Highland Copper Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.10
• 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:HI, the sentiment is Positive. The current price of 0.1 is above the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.08, and above the 200-day MA of 0.10, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 57.61 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:HI.

Highland Copper Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
THX	75 Outperform	C$305.59M	4.12	40.38%	―	-5.98%	81.04%
CS	56 Neutral	$6.53B	56.75	2.90%	―	12.21%	―
WRN	55 Neutral	$318.00M	―	-4.25%	―	―	-77.62%
HI	50 Neutral	C$69.95M	―	-30.45%	―	―	-159.13%
Sector *	47 Neutral	$2.65B	-3.63	-25.36%	3.28%	3.74%	-28.38%
AMY	43 Neutral	C$13.15M	―	-27.99%	―	―	43.89%
NCX	33 Underperform	C$213.49M	―	-73.59%	―	―	-62.76%

Highland Copper Corporate Events

Highland Copper Secures Updated Air Permit for Copperwood Project

Highland Copper Company Inc. has received approval for its updated air permit application from the Michigan Department of Environment, Great Lakes, and Energy for the Copperwood Project. This approval allows the project to supplement its main electrical supply with on-site generators, ensuring a reliable energy strategy. The permit reflects the project’s adherence to environmental standards and the company’s commitment to responsible development, aligning with community and regulatory expectations as it progresses towards production.

Strong Community Support for Highland Copper’s Copperwood Mine Project

Communities in Michigan’s Western Upper Peninsula have shown strong support for Highland Copper Company’s Copperwood Mine project, with local boards unanimously approving resolutions to back the initiative. The project is expected to create over 700 jobs and drive economic growth, while Highland Copper seeks state grants for essential infrastructure improvements to support the mine and surrounding areas.

Highland Copper to Present at Multiple Industry Conferences

Highland Copper Company Inc. announced that its CEO, Barry O’Shea, will present at several upcoming conferences, including the Emerging Growth Conference, Mines and Money Miami, BMO Global Metals & Mining Conference, Red Cloud’s Pre-PDAC 2025 Mining Showcase, PDAC, and the Centurion One Capital 8th Annual Growth Conference. These presentations and meetings offer the company a platform to engage with investors and stakeholders, potentially impacting its market visibility and stakeholder engagement.

Highland Copper Launches Drilling Program for Advanced Metallurgical Testing

Highland Copper has initiated a new drilling program to obtain samples for testing ultra-fine flotation technology, aiming to improve project economics through enhanced grade-recovery curves and reduced processing plant footprints. This initiative highlights the company’s dedication to innovative and sustainable mining practices, with potential benefits for shareholders and local communities.

Highland Copper Advances Copperwood Project with DRA Global Partnership

Highland Copper has awarded Front-End Engineering and Design (FEED) contracts for its Copperwood Project to DRA Global, marking a key advancement in the project’s development. This collaboration aims to optimize mine and process design while minimizing environmental impact, setting the stage for a construction decision by finalizing capital cost estimates and the development schedule.