Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Nevada Copper Corp. (T:NCU)

Business Focus: Copper Ore Mining

Sector:  Basic Materials Industry:  Specialty Mining & Metals
 
Company Contact
Address: 250 - 200 Burrard Street
VANCOUVER BC V6C 3L6
Tel: 1-775-3919029
Website: https://nevadacopper.com
IR: See website
Key People
Randy E. Buffington
President, Chief Executive Officer, Director
Gregory Martin
Chief Financial Officer, Executive Vice President
Tori Martinez
Vice President of Human Resources
Tracey Thom
Vice President - Investor and Community Relations
Steven Newman
Vice President - Technical Services
Carolyn Tanner
General Counsel
Business Overview
Nevada Copper Corp is a Canada-based mining company. The Company is engaged in the development, operation, and exploration of its copper project (the Project) at its Pumpkin Hollow Property (the Property) in Western Nevada, United States of America. Its two fully permitted projects include the high-grade Underground Mine and processing facility, which is undergoing a restart of operations, and a large-scale open pit PFS stage project. The Property is located in northwestern Nevada and consists of approximately 24,300 acres of contiguous mineral rights including approximately 10,800 acres of owned private land and leased patented claims. Pumpkin Hollow is located approximately 8 miles southeast of the small town of Yerington, Nevada in Lyon County, one- and one-half hours drive southeast of Reno. The Company's wholly owned subsidiary is Nevada Copper, Inc.
Financial Overview
For the fiscal year ended 31 December 2023, Nevada Copper Corp revenues decreased 50% to $4.6M. Net loss decreased 83% to $60.9M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Impairment of mineral properties develop decrease from $299M (expense) to $0K, Derivative fair value gain increase of 45% to $27.7M (income).
Employees: 198 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $465.13M as of Dec 31, 2023
Annual revenue (TTM): $6.24M as of Dec 31, 2023
EBITDA (TTM): -$81.32M as of Dec 31, 2023
Net annual income (TTM): -$83.18M as of Dec 31, 2023
Free cash flow (TTM): -$165.28M as of Dec 31, 2023
Net Debt Last Fiscal Year: $322.56M as of Dec 31, 2023
Shares outstanding: 1,429,567,214 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization