Post by
ZouZS3 on Sep 24, 2021 11:45pm
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.
Comment by
hainholz on Sep 25, 2021 7:24am
if so why are we standing so low?
Comment by
ronnie420 on Sep 25, 2021 7:33am
If this is not a rhetorical question then: Loss of investor confidence = oversold Unknown credit agreement at end of month needs resolved They need to start pulling copper out of the ground at a steady rate