Some Copperstone Resources (STO:COPP B) Shareholders Are Down 49%

Some Copperstone Resources (STO:COPP B) Shareholders Are Down 49%

Check out our latest analysis for Copperstone Resources ‘ data-reactid=”28″>Check out our latest analysis for Copperstone Resources

We don’t think Copperstone Resources’s revenue of kr11,954,000 is enough to establish significant demand. We can’t help wondering why it’s publicly listed so early in its journey. Are venture capitalists not interested? So it seems that the investors focused more on what could be, than paying attention to the current revenues (or lack thereof). It seems likely some shareholders believe that Copperstone Resources will find or develop a valuable new mine before too long.

We think companies that have neither significant revenues nor profits are pretty high risk. You should be aware that there is always a chance that this sort of company will need to issue more shares to raise money to continue pursuing its business plan. While some such companies go on to make revenue, profits, and generate value, others get hyped up by hopeful naifs before eventually going bankrupt.

Copperstone Resources had liabilities exceeding cash by kr101m when it last reported in June 2019, according to our data. That puts it in the highest risk category, according to our analysis. But since the share price has dived -49% in the last year , it looks like some investors think it’s time to abandon ship, so to speak. The image below shows how Copperstone Resources’s balance sheet has changed over time; if you want to see the precise values, simply click on the image. The image below shows how Copperstone Resources’s balance sheet has changed over time; if you want to see the precise values, simply click on the image.

OM:COPP B Historical Debt, December 12th 2019

see if we are picking up on any insider selling.” data-reactid=”44″>It can be extremely risky to invest in a company that doesn’t even have revenue. There’s no way to know its value easily. Given that situation, would you be concerned if it turned out insiders were relentlessly selling stock? It would bother me, that’s for sure. It costs nothing but a moment of your time to see if we are picking up on any insider selling.

What about the Total Shareholder Return (TSR)?

A Different Perspective

check here to see what price insiders were buying at.” data-reactid=”48″>Copperstone Resources shareholders are down 48% for the year, but the market itself is up 24%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. Longer term investors wouldn’t be so upset, since they would have made 12%, each year, over five years. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. It is all well and good that insiders have been buying shares, but we suggest you check here to see what price insiders were buying at.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.‘ data-reactid=”55″>If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.


Source : Link

Follow 3-www.NET
Follow
e-News.US
  
Share
e-News.Us

Category Latest Posts