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Highland Copper Company Inc. (V:HI)

Business Focus: Copper Ore Mining

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