Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Copper Fox Metals
CUU
Share Price 7 Day   1 Year
0.20 0.0%   -20.4%
 
New major risk - Financial position

The company has less than a year of cash runway based on its current free cash flow trend.

  • Free cash flow: -CA$2.4m

This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 

Currently, the following risks have been identified for the company: 

Major Risks

  • Less than 1 year of cash runway based on free cash flow trend (-CA$2.4m free cash flow).
  • Revenue is less than US$1m.

Minor Risks

  • Shareholders have been diluted in the past year (6.2% increase in shares outstanding).
  • Market cap is less than US$100m (CA$106.2m market cap, or US$78.8m).
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