Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Copper Mountain Mining Corporation T.CUM


Primary Symbol: CPPMF

Metals & Mining Copper
Copper Mountain Mining Corp is a copper producer, developer and explorer. Copper Mountain's flagship asset is the Copper Mountain mine located in southern British Columbia near the town of Princeton. The Copper Mountain mine produces over 90 million pounds of copper equivalent per year with a large resource that remains open laterally and at depth. The company also has the development stage Eva Copper Project in Queensland, Australia.


OTCPK:CPPMF - Post by User

Copper Mountain Mining Corporation > Trading at 3 x earnings, with Production growth in '21
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(1)
•••
Comment by Rational43on Nov 27, 2020 12:50pm
177 Views
Post# 31989926

RE:RE:RE:RE:RE:RE:Trading at 3 x earnings, with Production growth in '21

RE:RE:RE:RE:RE:RE:Trading at 3 x earnings, with Production growth in '21Based on higher production and lower cost/lb in Q4 vs Q3:

2MM lbs increased production = 2MM * (3.40-1.43) = $3.9M increased GM
20 MM lbs x increased price                                      = $8.0M increased GM
Less Tax on increased GM                                           -(3.1M)

Net Delta vs Q3                                                     =8.8M

Income to shareholders = $24.4 + {8.8M x 75%} = $31M
# shares including recent dilution                            207M

EPS ~ 15 cents a share from business

Mark to Market gain on concentrate inventories from Q3 to Q4 copper price increase likely another $10M, or ~ 5 cents a share.       
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities