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Copper Reef Mining

CNSX:CZC
Snowflake Description

Imperfect balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CZC
CNSX
CA$5M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Copper Reef Mining Corporation, a junior mineral exploration company, engages in the identification, acquisition, exploration, and development of mineral properties primarily in northwest Manitoba and northeast Saskatchewan, Canada. The last earnings update was 64 days ago. More info.


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CZC Share Price and Events
7 Day Returns
50%
CNSX:CZC
-0.4%
CA Metals and Mining
1.2%
CA Market
1 Year Returns
50%
CNSX:CZC
18.6%
CA Metals and Mining
-0.4%
CA Market
CZC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Copper Reef Mining (CZC) 50% 100% 50% 50% 50% -
CA Metals and Mining -0.4% -0.5% 6.3% 18.6% -15.9% -3.2%
CA Market 1.2% 3.3% 0.8% -0.4% 7.4% 4.5%
1 Year Return vs Industry and Market
  • CZC outperformed the Metals and Mining industry which returned 18.6% over the past year.
  • CZC outperformed the Market in Canada which returned -0.4% over the past year.
Price Volatility
CZC
Industry
5yr Volatility vs Market

CZC Value

 Is Copper Reef Mining undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Copper Reef Mining. This is due to cash flow or dividend data being unavailable. The share price is CA$0.03.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Copper Reef Mining's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Copper Reef Mining's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:CZC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-05-31) in CAD CA$0.00
CNSX:CZC Share Price ** CNSX (2019-09-19) in CAD CA$0.03
Canada Metals and Mining Industry PE Ratio Median Figure of 100 Publicly-Listed Metals and Mining Companies 13.9x
Canada Market PE Ratio Median Figure of 540 Publicly-Listed Companies 14.11x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Copper Reef Mining.

CNSX:CZC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= CNSX:CZC Share Price ÷ EPS (both in CAD)

= 0.03 ÷ 0.00

-18.05x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Copper Reef Mining is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Copper Reef Mining is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Copper Reef Mining's expected growth come at a high price?
Raw Data
CNSX:CZC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -18.05x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 32 Publicly-Listed Metals and Mining Companies 0.98x
Canada Market PEG Ratio Median Figure of 246 Publicly-Listed Companies 0.95x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Copper Reef Mining, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Copper Reef Mining's assets?
Raw Data
CNSX:CZC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-05-31) in CAD CA$0.05
CNSX:CZC Share Price * CNSX (2019-09-19) in CAD CA$0.03
Canada Metals and Mining Industry PB Ratio Median Figure of 1,097 Publicly-Listed Metals and Mining Companies 1.44x
Canada Market PB Ratio Median Figure of 2,454 Publicly-Listed Companies 1.44x
CNSX:CZC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CNSX:CZC Share Price ÷ Book Value per Share (both in CAD)

= 0.03 ÷ 0.05

0.6x

* Primary Listing of Copper Reef Mining.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Copper Reef Mining is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Copper Reef Mining's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Copper Reef Mining has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CZC Future Performance

 How is Copper Reef Mining expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Copper Reef Mining has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
34.6%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Copper Reef Mining expected to grow at an attractive rate?
  • Unable to compare Copper Reef Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Copper Reef Mining's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Copper Reef Mining's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:CZC Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.6%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.3%
Canada Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
CNSX:CZC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
CNSX:CZC Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-05-31 0 0
2019-02-28 0 0
2018-11-30 0 0
2018-08-31 0 0
2018-05-31 0 -1
2018-02-28 0 -1
2017-11-30 0 -1
2017-05-31 0 0
2017-02-28 0 0
2016-11-30 0 0
2016-08-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Copper Reef Mining is high growth as no earnings estimate data is available.
  • Unable to determine if Copper Reef Mining is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
CNSX:CZC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Copper Reef Mining Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:CZC Past Financials Data
Date (Data in CAD Millions) EPS *
2019-05-31 0.00
2019-02-28 0.00
2018-11-30 0.00
2018-08-31 0.00
2018-05-31 0.00
2018-02-28 0.00
2017-11-30 0.00
2017-05-31 0.00
2017-02-28 0.00
2016-11-30 0.00
2016-08-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Copper Reef Mining will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of CZC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Copper Reef Mining's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Copper Reef Mining's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Copper Reef Mining's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Copper Reef Mining has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CZC Past Performance

  How has Copper Reef Mining performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Copper Reef Mining's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Copper Reef Mining does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Copper Reef Mining's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Copper Reef Mining's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Copper Reef Mining's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Copper Reef Mining Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:CZC Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-05-31 -0.25 0.25
2019-02-28 -0.32 0.31
2018-11-30 -0.21 0.28
2018-08-31 -0.19 0.28
2018-05-31 -0.52 0.57
2018-02-28 -0.57 0.57
2017-11-30 -0.54 0.56
2017-05-31 -0.36 0.37
2017-02-28 -0.28 0.33
2016-11-30 -0.29 0.34
2016-08-31 -0.30 0.29
2016-05-31 -0.46 0.30
2016-02-29 -0.38 0.37
2015-11-30 -0.43 0.37
2015-08-31 -0.36 0.38
2015-05-31 -0.21 0.33
2015-02-28 -0.73 0.34
2014-11-30 -0.17 0.35
2014-08-31 -0.40 0.34
2014-05-31 -0.77 0.38
2014-02-28 -1.14 0.40
2013-11-30 -2.09 0.58
2013-08-31 -2.20 0.63
2013-05-31 -2.15 0.68
2013-02-28 -1.88 0.70
2012-11-30 -0.60 0.57

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Copper Reef Mining has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Copper Reef Mining has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Copper Reef Mining improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Copper Reef Mining's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Copper Reef Mining has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CZC Health

 How is Copper Reef Mining's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Copper Reef Mining's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Copper Reef Mining's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Copper Reef Mining's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Copper Reef Mining's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Copper Reef Mining has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Copper Reef Mining Company Filings, last reported 3 months ago.

CNSX:CZC Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-05-31 7.94 0.00 0.04
2019-02-28 7.84 0.00 0.10
2018-11-30 7.94 0.00 0.22
2018-08-31 7.98 0.00 0.28
2018-05-31 7.91 0.00 0.21
2018-02-28 7.77 0.00 0.16
2017-11-30 7.90 0.00 0.27
2017-05-31 7.91 0.00 0.22
2017-02-28 7.66 0.00 0.06
2016-11-30 7.77 0.00 0.14
2016-08-31 7.79 0.00 0.05
2016-05-31 7.82 0.00 0.02
2016-02-29 7.74 0.00 0.04
2015-11-30 7.85 0.00 0.15
2015-08-31 7.82 0.00 0.19
2015-05-31 7.95 0.00 0.48
2015-02-28 7.94 0.00 0.49
2014-11-30 8.04 0.00 0.64
2014-08-31 8.06 0.01 0.69
2014-05-31 8.10 0.03 0.76
2014-02-28 8.62 0.00 1.31
2013-11-30 8.03 0.00 0.77
2013-08-31 8.24 0.00 1.07
2013-05-31 8.70 0.00 1.57
2013-02-28 9.58 0.00 2.54
2012-11-30 9.76 0.00 2.67
  • Copper Reef Mining has no debt.
  • Copper Reef Mining has no debt compared to 5 years ago when it was 0.3%.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Copper Reef Mining has less than a year of cash runway based on current free cash flow.
  • Copper Reef Mining has less than a year of cash runway if free cash flow continues to reduce at historical rates of -4.7% each year.
X
Financial health checks
We assess Copper Reef Mining's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Copper Reef Mining has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CZC Dividends

 What is Copper Reef Mining's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Copper Reef Mining dividends.
If you bought CA$2,000 of Copper Reef Mining shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Copper Reef Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Copper Reef Mining's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
CNSX:CZC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Copper Reef Mining has not reported any payouts.
  • Unable to verify if Copper Reef Mining's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Copper Reef Mining's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Copper Reef Mining has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Copper Reef Mining's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Copper Reef Mining afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Copper Reef Mining has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CZC Management

 What is the CEO of Copper Reef Mining's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Stephen Masson
COMPENSATION CA$119,500
TENURE AS CEO 11.1 years
CEO Bio

Mr. Stephen L. Masson, M.Sc., P.Geo.,also known as Steve, has been the Chief Executive Officer and President of Copper Reef Mining Corporation since August 8, 2008. Mr. Masson serves as the President of Manitoba-Saskatchewan Prospectors and Developers Association. He served as the President and Chief Executive Officer of Wildcat Exploration Ltd. from July 8, 2015 to August 28, 2015. Mr. Masson served as the President at Foran Mining Corp. from March 26, 2002 to March 29, 2005. He served as the Chief Executive Officer and President of Foran Mining Corp. from 1997 to 2004. Mr. Masson served as a Vice-President of Exploration of Foran Mining Corporation from July 16, 1998 to January 17, 2000. He served as a Regional Exploration Manager of Goldfields Canada and also served as a Senior Geologist for various exploration companies. He served as Chief Executive Officer, President and Exploration Manager of Copper Reef. Mr. Masson led Copper Reef's successful past winter drill program on the Copper Reef deposit, located just south of Flin Flon. He has strong exploration skills. He served at Flin Flon Greenstone Belt. He served as an Exploration Manager for various companies including Granges Inc. and Aur Resources for 21 years. Mr. Masson served as Chairman of the Board of Directors of Foran Mining Corporation since September 16, 1999. He has been a Director of Copper Reef Mining Corporation since September 5, 2008. He served as a Director of Wildcat Exploration Ltd. from July 8, 2015 to August 28, 2015. Mr. Masson served as a Director of Foran Mining Corporation from July 16, 1998 to March 29, 2005. Mr. Masson is a Director of the Prospectors and Developers Association of Canada. He is a Member of the Professional Engineers and Geoscientists of both Manitoba and Saskatchewan and a Fellow of the Society of Economic Geologists.

CEO Compensation
  • Stephen's compensation has increased whilst company is loss making.
  • Stephen's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Copper Reef Mining management team in years:

10.2
Average Tenure
  • The average tenure for the Copper Reef Mining management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Stephen Masson

TITLE
President
COMPENSATION
CA$120K
TENURE
11.1 yrs

Dave Kendall

TITLE
CFO & Treasurer
COMPENSATION
CA$45K
TENURE
9.3 yrs

Laara Shaffer

TITLE
Corporate Secretary
COMPENSATION
CA$30K
AGE
71
TENURE
13 yrs

Kelly Gilmore

TITLE
Technical Consultant & Advisor

Harry Barr

TITLE
AGE
64
TENURE
3.3 yrs
Board of Directors Tenure

Average tenure and age of the Copper Reef Mining board of directors in years:

7.3
Average Tenure
80
Average Age
  • The tenure for the Copper Reef Mining board of directors is about average.
Board of Directors

Stephen Masson

TITLE
President
COMPENSATION
CA$120K
TENURE
11 yrs

William Jackson

TITLE
Director
COMPENSATION
CA$20K
AGE
79
TENURE
3.5 yrs

Bill Phillips

TITLE
Director
COMPENSATION
CA$35K
AGE
85
TENURE
12.1 yrs

John Harvey

TITLE
Member of Advisory Board
AGE
83

Ed Thompson

TITLE
Member of Advisory Board
AGE
81

Warren Ross Bates

TITLE
Director
TENURE
2.5 yrs

Rob Cudney

TITLE
Member of Advisory Board
AGE
61

Brent Peters

TITLE
Director
AGE
46
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Copper Reef Mining individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
06. Sep 19 Buy Stephen Masson Individual 03. Sep 19 03. Sep 19 3,000 CA$0.03 CA$75
21. Aug 19 Buy Stephen Masson Individual 20. Aug 19 20. Aug 19 2,000 CA$0.02 CA$40
07. Aug 19 Buy Stephen Masson Individual 07. Aug 19 07. Aug 19 7,000 CA$0.03 CA$175
19. Jul 19 Buy Stephen Masson Individual 19. Jul 19 19. Jul 19 20,000 CA$0.02 CA$300
25. Jun 19 Buy Stephen Masson Individual 25. Jun 19 25. Jun 19 2,000 CA$0.02 CA$30
14. Jun 19 Buy Stephen Masson Individual 14. Jun 19 14. Jun 19 5,000 CA$0.02 CA$75
05. Jun 19 Buy Stephen Masson Individual 05. Jun 19 05. Jun 19 3,000 CA$0.02 CA$60
25. Mar 19 Buy David Kendall Individual 22. Mar 19 22. Mar 19 200,000 CA$0.05 CA$10,000
15. Mar 19 Buy Stephen Masson Individual 15. Mar 19 15. Mar 19 3,000 CA$0.02 CA$60
26. Feb 19 Buy Stephen Masson Individual 26. Feb 19 26. Feb 19 41,100 CA$0.03 CA$823
08. Feb 19 Buy Stephen Masson Individual 07. Feb 19 07. Feb 19 10,000 CA$0.03 CA$240
04. Feb 19 Buy Stephen Masson Individual 04. Feb 19 04. Feb 19 128,500 CA$0.02 CA$2,570
30. Jan 19 Buy Stephen Masson Individual 30. Jan 19 30. Jan 19 10,000 CA$0.02 CA$200
01. Jan 19 Buy David Kendall Individual 31. Dec 18 31. Dec 18 700,000 CA$0.05 CA$25,000
01. Jan 19 Buy William Phillips Individual 31. Dec 18 31. Dec 18 400,000 CA$0.03 CA$10,000
01. Jan 19 Buy Stephen Masson Individual 31. Dec 18 31. Dec 18 425,000 CA$0.05 CA$21,250
25. Dec 18 Buy Stephen Masson Individual 24. Dec 18 24. Dec 18 10,000 CA$0.02 CA$200
13. Dec 18 Buy Stephen Masson Individual 11. Dec 18 13. Dec 18 33,000 CA$0.03 CA$673
10. Dec 18 Buy Stephen Masson Individual 06. Dec 18 10. Dec 18 226,000 CA$0.03 CA$4,527
29. Nov 18 Buy Stephen Masson Individual 28. Nov 18 28. Nov 18 36,000 CA$0.03 CA$725
26. Nov 18 Buy Stephen Masson Individual 26. Nov 18 26. Nov 18 50,000 CA$0.02 CA$1,000
27. Nov 18 Buy Stephen Masson Individual 27. Nov 18 27. Nov 18 54,000 CA$0.02 CA$1,080
01. Oct 18 Buy Stephen Masson Individual 28. Sep 18 28. Sep 18 32,000 CA$0.02 CA$480
X
Management checks
We assess Copper Reef Mining's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Copper Reef Mining has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CZC News

Simply Wall St News

Does Copper Reef Mining Corporation (CNSX:CZC) Have A High Beta?

If you're interested in Copper Reef Mining Corporation (CNSX:CZC), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Can We See Significant Insider Ownership On The Copper Reef Mining Corporation (CNSX:CZC) Share Register?

Every investor in Copper Reef Mining Corporation (CNSX:CZC) should be aware of the most powerful shareholder groups. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Copper Reef Mining is a smaller company with a market capitalization of CA$3.9m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

Is Copper Reef Mining Corporation (CNSX:CZC) A Volatile Stock?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

What Are The Drivers Of Copper Reef Mining Corporation's (CNSX:CZC) Risks?

If you are a shareholder in Copper Reef Mining Corporation’s (CNSX:CZC), or are thinking about investing in the company, knowing how it contributes to the risk and reward profile of your portfolio is important. … Broadly speaking, there are two types of risk you should consider when investing in stocks such as CZC. … The first type is company-specific risk, which can be diversified away by investing in other companies to reduce exposure to one particular stock.

Simply Wall St -

CZC Company Info

Description

Copper Reef Mining Corporation, a junior mineral exploration company, engages in the identification, acquisition, exploration, and development of mineral properties primarily in northwest Manitoba and northeast Saskatchewan, Canada. The company explores for copper, gold, zinc, lead, and silver, as well as diamond deposits. It holds interests in the Gold Rock Group comprising the Gold Rock, North Star, and Star mineral properties, as well as the North Star mining lease and the Gold Rock mining lease; the Alberts Lake Group, including the Alberts Lake, Lew, Amulet, Mike, Mur, and Hanna mineral properties; the Mink Narrows Group comprising the Mink Narrows, Mystic and Payuk mineral properties; the Otter Lake and Twin Lakes mineral claims; the Kississing and Kiss mineral properties; Pikoo property; the Smelter property; the Hanson Lake property; the Lucille Lake property; and the Burn property. The company was formerly known as Copper Reef Mines (1973) Limited and changed its name to Copper Reef Mining Corporation in September 2006. Copper Reef Mining Corporation was incorporated in 1973 and is headquartered in Flin Flon, Canada.

Details
Name: Copper Reef Mining Corporation
CZC
Exchange: CNSX
Founded: 1973
CA$4,780,989
159,366,300
Website: http://www.copperreefmining.com
Address: Copper Reef Mining Corporation
12 Mitchell Road,
Box 306,
Flin Flon,
Manitoba, R8A 1N1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX CZC Common Shares Canadian National Stock Exchange CA CAD 10. May 2013
OTCPK CPEF.F Common Shares Pink Sheets LLC US USD 10. May 2013
Number of employees
Current staff
Staff numbers
0
Copper Reef Mining employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/20 01:06
End of day share price update: 2019/09/19 00:00
Last earnings filing: 2019/07/18
Last earnings reported: 2019/05/31
Last annual earnings reported: 2018/11/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.