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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
District Copper. This is due to cash flow or dividend data being
unavailable. The share price is
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
is considered below, and whether this is a fair price.
Price based on past earnings
District Copper's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 District Copper 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
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
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare District Copper's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare District Copper's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare District Copper's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if District Copper is high growth as no earnings estimate data is available.
Unable to determine if District Copper 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.
While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access District Copper's filings and announcements here.
District Copper's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
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.
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.
Mr. Jevin Andrew Werbes serves as the Chief Executive Officer and President at District Copper Corp. (formerly, Carmax Mining Corp.). Mr. Werbes served as the Chief Executive Officer and President of Ansell Capital Corp. from April 2009 to May 30, 2014. He has experience and started his career in the mining industry as a field hand involved in mining exploration in British Columbia and later Nevada. He has career in corporate capacities involving corporate development, finance and investor relations. He was a Principal of JMW Capital Corp. Mr. Werbes is successful in assisting juniors with venture capital financings. He was Chairman and Director of Power Group Projects Corp. (formerly, Cobalt Power Group Inc.) since February 1, 2016 until February 16, 2018. He had been a Director of Casa Minerals Inc. since January 14, 2011 until May 10, 2019. Mr. Werbes has been a Director of District Copper Corp. since October 15, 2010. He has been a Director of Plicit Capital Corp. since May 25, 2011. He served as a Director of Ansell Capital Corp. since March 27, 2009 until May 30, 2014.
Jevin's compensation has increased whilst company is loss making.
Jevin's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure of the
management team in years:
The tenure for the District Copper management team is about average.
Chief Financial Officer
Chief Operating Officer
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The tenure for the District Copper board of directors is about average.
Board of Directors
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
District Copper Corp. engages in the acquisition and exploration of mineral properties. The company holds a 100% interest in the Stony Lake gold project, which covers an area of approximately 13,025 hectares located in Central Newfoundland. It also owns 100% interests in the Eaglehead copper-molybdenum-gold-silver property comprising 6 mineral claims, which covers a total area of approximately 15,956 hectares situated in the Liard Mining District in northern British Columbia. The company was formerly known as Carmax Mining Corp. and changed its name to District Copper Corp. in July 2018. District Copper Corp. was incorporated in 2000 and is headquartered in Vancouver, Canada.
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