Nevada Copper Corp NEVDQ

Industrials Conglomerates

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.

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Nevada Copper Corp > Profitable in 2022?

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Post by ZouZS3on Sep 24, 2021 11:45pm

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Profitable in 2022?

We feel now is a pretty good time to analyse Nevada Copper Corp.'s (TSE:NCU) business as it appears the company may be on the cusp of a considerable accomplishment. Nevada Copper Corp. engages in the exploration, development, and operation of mineral properties in Nevada. The companys loss has recently broadened since it announced a US$20m loss in the full financial year, compared to the latest trailing-twelve-month loss of US$24m, moving it further away from breakeven. Consensus from 4 of the Canadian Metals and Mining analysts is that Nevada Copper is on the verge of breakeven. They anticipate the company to incur a final loss in 2021, before generating positive profits of US$11m in 2022.

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