RE:RE:RE:RE:RE:RE:RE:RE:RE:RBC Initiates Coverage On Marimaca Copper; Outperform Outperform
Speculative Risk
TSX: MARI; CAD 3.28
Price Target CAD 5.00
Key Statistics
Shares O/S (MM): 88.2
Dividend: 0.00
NAVPS: 6.35
Market Cap (MM): 289
Yield: 0.0%
P/NAVPS: 0.52x
Avg. Daily Volume: 11,515
RBC Estimates
FY Dec 2021A 2022E 2023E 2024E
EPS, Adj Diluted (0.20) (0.16) (0.13) (0.18)
P/AEPS NM NM NM NM
EBITDA, Adj (17.2) (16.8) (13.0) (13.0)
EPS, Adj Diluted Q1 Q2 Q3 Q4
2021 (0.04)A (0.07)A (0.06)A (0.04)A
2022 (0.02)A 0.02A (0.08)E (0.08)E
2023 (0.03)E (0.03)E (0.03)E (0.03)E
EBITDA, Adj
2021 (3.3)A (6.6)A (3.7)A (3.6)A
2022 (2.0)A 1.3A (8.0)E (8.0)E
2023 (3.3)E (3.3)E (3.3)E (3.3)E
RBC Dominion Securities Inc.
Alexander Jackson, CPA, CA, CFA (Analyst)
(416) 842-6140, alexander.jackson@rbccm.com
Sam Crittenden, P.Eng., CFA (Analyst)
(416) 842-7886, sam.crittenden@rbccm.com