Faraday Copper Corp. (CPPKF)
Faraday Copper Corp. operates as an exploration-phase enterprise, focusing on the acquisition and advancement of mineral resources throughout the United States. A key holding is the wholly-owned Copper Creek project, which encompasses 16 square miles in Pinal County, Arizona. Furthermore, the company possesses the Contact copper project, situated in Elko County, Nevada, comprising 156 patented claims totaling approximately 2,650 acres and 219 unpatented claims covering roughly 3,285 acres. The company, which was originally established in 2014, rebranded from CopperBank Resources Corp. to Faraday Copper Corp. in April 2022 and maintains its corporate headquarters in Vancouver, Canada.
Industry: Copper
Faraday Copper Corp.
OTC:CPPKFBasic Materials · Copper
-1.15%$3.00
Mkt Cap$884.44M
Float229.58M
O/S294.32M
Inst Own-
SI0.7%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$19.85M
Total Assets$43.8M
Free Cash Flow-$19.92M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$41.33M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:4Reverse splitJul 8, 20204 shares → 1
Balance Sheet Details
Assets$43.8M
Liabilities$2.47M
Accounts Receivable$127K
Accounts Payable$0
Inventory$0
PP&E (Net)$16.18M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-06-30 | 2012-06-30 | 2011-06-30 | 2010-06-30 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $213K | $150K | $96K | $40K | $64K | $72K | $47K | $54K | $34K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | -$213K | -$150K | -$96K | -$40K | -$64K | -$72K | -$47K | -$54K | -$34K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $4.45M | $16.53M | $4.02M | $5.87M | $3.88M | $675K | $957K | $1.22M | $1.07M | $488K | $518K | $655K | $143K | $360K | $566K | $43K |
| Other | $15.79M | $13.69M | $11.45M | $9.64M | $25K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $20.24M | $16.53M | $15.3M | $5.86M | $3.88M | $675K | $957K | $1.22M | $1.07M | $521K | $518K | $719K | $149K | $367K | $569K | $43K |
| Operating Income (EBIT) | -$20.45M | -$16.53M | -$15.3M | -$5.9M | -$3.95M | -$747K | -$1M | -$1.28M | -$1.12M | -$521K | -$518K | -$719K | -$149K | -$369K | -$570K | -$43K |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | $0 | $0 | $0 | $0 | $15K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2K | $1K | $0 |
| Interest Income | $651K | $944K | $615K | $144K | $0 | $0 | $0 | $0 | $0 | $0 | $2K | $13K | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $599K | $459K | $684K | $112K | $34K | -$8K | -$5.49M | $4K | $19K | $69K | -$5.98M | -$8.25M | -$228K | -$1.77M | -$225K | $480K |
| Income Before Tax (EBT) | -$19.85M | -$16.07M | -$14.61M | -$5.76M | -$3.9M | -$755K | -$6.49M | -$1.27M | -$1.08M | -$452K | -$6.5M | -$8.97M | -$145K | -$1.92M | -$594K | -$90K |
| Income Tax Expense | $0 | $0 | $0 | -$123K | $0 | $0 | $0 | -$4K | $0 | $0 | $0 | $0 | -$5K | $2K | $1K | $0 |
| Net Income | -$19.85M | -$16.07M | -$14.61M | -$5.76M | -$3.9M | -$755K | -$6.49M | -$1.27M | -$1.08M | -$452K | -$6.5M | -$8.97M | -$145K | -$1.92M | -$594K | -$90K |
| Net Income Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Supplementary Data | ||||||||||||||||
| EPS | -0.12 | -0.12 | -0.12 | -0.07 | -0.06 | -0.01 | -0.13 | -0.03 | -0.04 | -0.02 | -0.28 | -0.90 | -0.02 | -0.24 | -0.13 | -0.03 |
| Diluted EPS | -0.12 | -0.12 | -0.12 | -0.07 | -0.06 | -0.01 | -0.13 | -0.03 | -0.04 | -0.02 | -0.28 | -0.90 | -0.02 | -0.24 | -0.13 | -0.03 |
| Weighted Average OS | 225.31M | 193.48M | 169.59M | 113.97M | 85.67M | 76.64M | 72.05M | 54.67M | 41.87M | 35.02M | 32.79M | 14.00M | 9.38M | 11.24M | 6.48M | 4.52M |
| EBITDA | -$20.24M | -$16.53M | -$15.3M | -$5.86M | -$3.89M | -$863K | -$6.45M | -$1.27M | -$1.08M | -$507K | $5.47M | $7.61M | -$148K | -$360K | -$566K | -$39K |
| EBITDA Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-06-30 | 2012-06-30 | 2011-06-30 | 2010-06-30 |
| Assets | ||||||||||||||||
| Current Assets | ||||||||||||||||
| Cash and Cash Equivalents | $26.98M | $12.12M | $10.62M | $6.8M | $3M | $26K | $12K | $109K | $60K | $34K | $82K | $551K | $390 | $10K | $337K | $101K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $17K | $76K | $41K | $0 |
| Cash and Short-Term Investments | $26.98M | $12.12M | $10.62M | $6.8M | $3M | $26K | $12K | $109K | $60K | $34K | $82K | $551K | $17K | $86K | $378K | $101K |
| Accounts Receivable | $127K | $66K | $0 | $76K | $0 | $16K | $28K | $43K | $37K | $14K | $143K | $0 | $1K | $7K | $14K | $6K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | -$341 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $15K | $0 | $0 | $0 | $0 |
| Total Current Assets | $27.53M | $12.43M | $10.89M | $6.99M | $3.05M | $64K | $47K | $162K | $131K | $55K | $295K | $604K | $30K | $127K | $427K | $106K |
| Long-Term Assets | ||||||||||||||||
| Property, Plant & Equipment Net | $16.18M | $16.39M | $15.14M | $15.64M | $4.96M | $4.12M | $3.98M | $9.18M | $5.21M | $3.3M | $2.96M | $8.38M | $8K | $13K | $2.4M | $29K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $270K | $6K | $0 | $6K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $45K | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $96K | $101K | $55K | $270K | $6K | $6K | $0 | $6K | $8K | $13K | $2K | $30K | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $16.27M | $16.49M | $15.19M | $15.91M | $4.96M | $4.12M | $3.98M | $9.19M | $5.22M | $3.32M | $2.96M | $8.41M | $8K | $13K | $2.45M | $29K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $43.8M | $28.93M | $26.08M | $22.9M | $8.01M | $4.19M | $4.03M | $9.35M | $5.35M | $3.37M | $3.26M | $9.02M | $38K | $141K | $2.88M | $135K |
| Liabilities | ||||||||||||||||
| Current Liabilities | ||||||||||||||||
| Accounts Payable | $0 | $0 | $0 | $0 | $376K | $261K | $302K | $430K | $272K | $149K | $20K | $56K | $10K | $1K | $0 | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $233K | $46K | $49K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $36K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | -$2K | $0 | $0 | -$781K | $0 | $0 | $50K | $24K | $0 | $0 | $0 | $24K | $0 | $0 | $26K | $46K |
| Total Current Liabilities | $2.3M | $3.08M | $1.77M | $2.25M | $492K | $558K | $434K | $503K | $294K | $168K | $37K | $87K | $15K | $4K | $26K | $46K |
| Long-Term Liabilities | ||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $29K | $125K | $187K | $49K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $173K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $173K | $0 | $0 | $0 | $29K | $125K | $187K | $49K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.47M | $3.08M | $1.77M | $2.25M | $521K | $683K | $622K | $552K | $294K | $168K | $37K | $87K | $15K | $4K | $26K | $46K |
| Stockholders' Equity | ||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $119.05M | $83.44M | $67.58M | $38.61M | $23.72M | $18.16M | $17.53M | $16.75M | $12.22M | $9.64M | $9.22M | $9.13M | $2.15M | $2.3M | $0 | $0 |
| Retained Earnings | -$91.08M | -$71.29M | -$55.22M | -$29.94M | -$35.71M | -$31.81M | -$31.14M | -$24.65M | -$23.38M | -$22.3M | -$21.85M | -$15.35M | -$2.78M | -$2.67M | -$945K | -$130K |
| Comprehensive Income & Other | $13.37M | $13.7M | $11.95M | $11.97M | $19.48M | $17.15M | $17.02M | $16.7M | $16.21M | $15.86M | $15.85M | $15.14M | $655K | $504K | $495K | $0 |
| Other Stockholders' Equity | $13.37M | $13.7M | $11.95M | $11.97M | $19.48M | $17.15M | $17.02M | $16.7M | $16.21M | $15.86M | $15.85M | $15.14M | $655K | $504K | $3.8M | $219K |
| Total Equity | $41.33M | $25.85M | $24.31M | $20.65M | $7.49M | $3.51M | $3.41M | $8.8M | $5.05M | $3.2M | $3.22M | $8.93M | $22K | $136K | $2.85M | $89K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $43.8M | $28.93M | $26.08M | $22.9M | $8.01M | $4.19M | $4.03M | $9.35M | $5.35M | $3.37M | $3.26M | $9.02M | $38K | $141K | $2.88M | $135K |
| Supplementary Data | ||||||||||||||||
| Total Debt | $0 | $0 | $0 | $0 | $29K | $358K | $234K | $97K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | -$26.98M | -$12.12M | -$10.62M | -$6.8M | -$2.97M | $332K | $222K | -$12K | -$60K | -$34K | -$82K | -$551K | -$390 | -$10K | -$337K | -$101K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-06-30 | 2012-06-30 | 2011-06-30 | 2010-06-30 |
| Operating Activities | ||||||||||||||||
| Net Income | -$19.85M | -$16.07M | -$14.61M | -$5.76M | -$3.9M | -$755K | -$6.49M | -$1.27M | -$1.08M | -$452K | -$6.5M | -$8.97M | -$145K | -$1.92M | -$594K | -$90K |
| Depreciation & Amortization | $213K | $150K | $96K | $40K | $11K | $10K | $11K | $10K | $182 | $182 | $223 | $64K | $6K | $7K | $4K | $4K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $51K | $0 | $0 | $0 | -$94K | -$219K | $0 | $0 | $1.5M | -$333K | $0 |
| Stock-Based Compensation | $1.27M | $791K | $1.54M | $3.24M | $2.94M | $216K | $290K | $0 | $294K | $26K | $124K | $0 | $0 | $54K | $356K | $0 |
| Changes in Working Capital: | ||||||||||||||||
| Accounts Receivable | -$61K | $32K | -$22K | -$52K | -$7K | $12K | $15K | $7K | -$23K | $0 | $0 | $0 | $0 | $0 | -$37K | $0 |
| Inventory | $0 | $0 | $0 | $52K | $7K | -$12K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$763K | $1.21M | -$460K | $58K | $79K | $12K | -$111K | -$11K | $158K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$187K | -$58K | -$100K | $292K | $45K | $24K | $29K | $33K | $124K | $0 | $0 | $0 | $0 | $0 | -$24K | $0 |
| Total Working Capital Change | -$1.01M | $1.19M | -$560K | $350K | $124K | $36K | -$67K | $29K | $259K | $205K | $9K | -$318K | $39K | -$25K | -$62K | $20K |
| Other Non-Cash Items | -$1K | $0 | $0 | -$7K | -$176K | -$43K | $5.49M | -$4K | -$19K | -$69K | $5.98M | $8.56M | $26K | $1.56M | $23K | $44K |
| Net Cash from Operating | -$19.38M | -$13.94M | -$13.53M | -$2.13M | -$1M | -$486K | -$771K | -$764K | -$547K | -$291K | -$383K | -$663K | -$74K | -$322K | -$273K | -$23K |
| Investing Activities | ||||||||||||||||
| Capital Expenditures | -$535K | -$357K | -$10.45M | -$9.03M | -$789K | -$170K | -$272K | -$322K | -$1.8M | -$115K | -$137K | -$218K | $0 | -$734K | -$809K | -$29K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $77K | $6K | -$140K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$171K | $0 | -$41K | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $160K | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | -$264K | $0 | $77 | $6 | $0 | $4K | $145K | $38K | $201K | $0 | $37K | $5K | $0 |
| Net Cash from Investing | -$535K | -$357K | -$10.45M | -$9.3M | -$789K | -$93K | -$266K | -$462K | -$1.79M | $31K | -$99K | -$17K | -$11K | -$697K | -$845K | -$29K |
| Financing Activities | ||||||||||||||||
| Debt Repaid | - | - | - | $21K | $315K | $653 | -$137K | $49K | $4K | - | - | - | - | - | - | - |
| Common Stock Issuance | $34.77M | $16.4M | $27.4M | $14.26M | $4.46M | $585K | $724K | $1.34M | $2.38M | $214K | $12 | $1.19M | $0 | $1.04M | $1.04M | $1.17M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | -$586K | $767K | $202K | $617K | $0 | $36K | $14K | $0 | $0 | $0 | $0 | $0 | $0 | $136K | -$1.1M |
| Net Cash from Financing | $34.77M | $15.81M | $28.17M | $14.44M | $4.76M | $585K | $896K | $1.29M | $2.37M | $214K | $12 | $1.19M | $0 | $1.04M | $1.17M | $71K |
| Forex Effect | $571K | -$8K | -$353K | $793K | $179 | $9K | $43K | -$14K | -$6K | -$2K | $13K | $3K | $0 | $0 | $0 | $0 |
| Net Change in Cash | $15.42M | $1.5M | $3.83M | $3.8M | $2.97M | $14K | -$98K | $50K | $26K | -$48K | -$469K | $516K | -$85K | $20K | $57K | $20K |
| Supplementary Data | ||||||||||||||||
| Operating Cash Flow | -$19.38M | -$13.94M | -$13.53M | -$2.13M | -$1M | -$486K | -$771K | -$764K | -$547K | -$291K | -$383K | -$663K | -$74K | -$322K | -$273K | -$23K |
| Capital Expenditure | -$535K | -$357K | -$10.45M | -$9.03M | -$789K | -$170K | -$272K | -$322K | -$1.8M | -$115K | -$137K | -$218K | $0 | -$734K | -$809K | -$29K |
| Free Cash Flow | -$19.92M | -$14.3M | -$23.99M | -$11.17M | -$1.79M | -$656K | -$1.04M | -$1.09M | -$2.35M | -$405K | -$520K | -$881K | -$74K | -$1.06M | -$1.08M | -$51K |
| Cash at Beginning | $11.56M | $10.62M | $6.8M | $3M | $26K | $12K | $109K | $60K | $34K | $82K | $551K | $34K | $96K | $77K | $20K | $0 |
| Cash at End | $26.98M | $12.12M | $10.62M | $6.8M | $3M | $26K | $12K | $109K | $60K | $34K | $82K | $551K | $12K | $96K | $77K | $20K |