Sector: Basic Materials | Industry: Specialty Mining & Metals |
Company Contact | |
Address: | 1111 St-Charles St. W. East Tower - Suite 1155 LONGUEUIL QC J4K 5G4 |
Tel: | N/A |
Website: | https://www.highlandcopper.com |
IR: | See website |
Key People | ||
Jo Mark Zurel Independent Chairman of the Board | Barry O'Shea Chief Executive Officer, Chief Financial Officer, Director |
Business Overview |
Highland Copper Company Inc. is a Canada-based copper development company. The Company is focused on exploring and developing copper projects in the Upper Peninsula of Michigan, the United States of America (USA). It is engaged in the acquisition, exploration, and development of mineral properties. Its principal assets include the 100% owned Copperwood copper project (the Copperwood Project) and the White Pine North copper project (the White Pine North Project). The Copperwood Project is located in Gogebic County in the Upper Peninsula of Michigan, United States of America within the Porcupine Mountains copper district and about 23 kilometers (km) to the town of Wakefield and approximately 40 km to the town of Ironwood, both in Gogebic County. The White Pine copper deposit is located in the Western Upper Peninsula of Michigan on the south side of Lake Superior. Regionally, White Pine lies on the south flank of the Midcontinent Rift System, a 2,500 km long structure of Precambrian age. |
Financial Overview |
For the six months ended 31 December 2023, Highland Copper Company Inc revenues was not reported. Net income totaled $29.5M vs. loss of $2.9M. Net income reflects Finance income increase from $81K to $286K (income), Share-based compensation decrease of 16% to $466K (expense), Depreciation and amortization decrease of 77% to $1K (expense). Basic Earnings per Share excluding Extraordinary Items totaled to $0.04. |
Employees: | 9 as of Jun 30, 2022 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $67.44M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | -$20.33M as of Dec 31, 2023 |
Net annual income (TTM): | $35.12M as of Dec 31, 2023 |
Free cash flow (TTM): | -$19.61M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 736,363,619 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |