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Copper Mountain Mining Corporation (T:CMMC)

Business Focus: Copper Ore Mining

Sector:  Basic Materials Industry:  Specialty Mining & Metals
See Regulatory Filings on SEDAR
Company Contact
Address: 1700-700 Pender St W
Tel: 1-604-6822992
IR: See website
Key People
Bruce W. Aunger
Chairman of the Board
Gilmour Clausen
President, Chief Executive Officer, Director
Rodney A. Shier
Chief Financial Officer, Corporate Secretary, Director
Don Strickland
Chief Operating Officer, Vice President - Operations
Letitia Wong
Vice President - Corporate Development and Investor Relations
Peter M. Holbek
Vice President - Exploration
Bill Mracek
Vice President - Mining
Lance C. Newman
Vice President - Project Development
Business Overview
Copper Mountain Mining Corporation is a copper-gold producing company. The Company is engaged in the business of mineral exploration, development and operation of mineral deposits. The Company, through its subsidiary, has interests in the Copper Mountain Mine. The Copper Mountain mine project is situated 20 kilometers south of Princeton, British Columbia, and 300 kilometers east of the port of Vancouver. The Copper Mountain mine project consists of approximately 140 Crown granted mineral claims, over 150 located mineral claims, over 10 mining leases and over 10 properties, covering an area of approximately 70 square kilometers. Its Copper Mountain mine project is a conventional open pit, truck and shovel operation. Its mining equipment fleet includes two Komatsu PC 8000 hydraulic shovels, a Hitachi EX 5500 hydraulic shovel, over 10 Komatsu 240 ton capacity haul trucks, seven Euclid 260 ton haul trucks, a Komatsu WA 1200 loader and four Komatsu D375 dozers.
Financial Overview
For the nine months ended 30 September 2019, Copper Mountain Mining Corporation. revenues decreased 4% to C$214.7M. Net income totaled C$4.8M vs. loss of C$7.4M. Revenues reflect Copper - Price per Unit - Average - Tota decrease of 8% to C$7863 per metric ton, Copper - Production - Total decrease of 8% to 25K metric tons. Net Income reflects Foreign exchange (loss) gain increase from C$9M (expense) to C$8.7M (income).
Reporting Currency: Canadian Dollars
Enterprise value: $367.60M as of Sep 30, 2019
Annual revenue (TTM): $287.87M as of Sep 30, 2019
EBITDA (TTM): $45.72M as of Sep 30, 2019
Net annual income (TTM): -$10.14M as of Sep 30, 2019
Free cash flow (TTM): $55.73M as of Sep 30, 2019
Net Debt Last Fiscal Year: $195.94M as of Sep 30, 2019
Shares outstanding: 191,331,053 as of Sep 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization