Coppernico Metals Inc. (CPPMF)
Coppernico Metals Inc. engages in the acquisition and exploration of mineral properties in South America. The company explores for copper and gold deposits. Its flagship property is the Sombrero copper-gold project covering an area of approximately 56,400 hectares comprising 78 concessions, located in southern Peru. The company was formerly known as Sombrero Resources Inc. and changed its name to Coppernico Metals Inc. in December 2021. Coppernico Metals Inc. was incorporated in 2020 and is based in Vancouver, Canada.
Industry: Other Precious Metals
Coppernico Metals Inc.
OTC:CPPMFBasic Materials · Other Precious Metals
+2.78%$0.2828
Mkt Cap$50.12M
Float167.47M
O/S177.21M
Inst Own-
SI0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$5.93M
Total Assets$9.74M
Free Cash Flow-$5.91M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$6.71M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in CPPMF's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$9.74M
Liabilities$3.02M
Accounts Receivable$12K
Accounts Payable$0
Inventory$0
PP&E (Net)$7.21M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Currency | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
| Revenue | $0 | $0 | $0 |
| YoY Growth | - | - | - |
| Cost of Revenue | $33K | $0 | $0 |
| Gross Profit | -$33K | $0 | $0 |
| Gross Margin | - | - | - |
| Research and Development | $0 | $0 | $0 |
| Selling, General, and Administrative | $2.03M | $2.22M | $1.17M |
| Other | $4M | $4.56M | $1.42M |
| Total Operating Expenses | $6.03M | $6.78M | $2.6M |
| Operating Income (EBIT) | -$6.06M | -$6.78M | -$2.6M |
| Operating Margin | - | - | - |
| Interest Expense | $0 | $574 | $2K |
| Interest Income | $151K | $266K | $19K |
| Other Income (Expense) | $124K | -$6.54M | -$2.62M |
| Income Before Tax (EBT) | -$5.93M | -$6.54M | -$2.62M |
| Income Tax Expense | $0 | $0 | $0 |
| Net Income | -$5.93M | -$6.54M | -$2.62M |
| Net Income Margin | - | - | - |
| Supplementary Data | |||
| EPS | -0.05 | -0.04 | -0.02 |
| Diluted EPS | -0.05 | -0.04 | -0.02 |
| Weighted Average OS | 177.30M | 213.89M | 213.89M |
| EBITDA | -$6.03M | -$6.54M | -$2.62M |
| EBITDA Margin | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Currency | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
| Assets | |||
| Current Assets | |||
| Cash and Cash Equivalents | $2.06M | $8M | $835K |
| Short-Term Investments | $0 | $0 | $0 |
| Cash and Short-Term Investments | $2.06M | $8M | $835K |
| Accounts Receivable | $12K | $18K | $11K |
| Inventory | $0 | $0 | $0 |
| Other Current Assets | $382K | $535K | $210K |
| Total Current Assets | $2.45M | $8.56M | $1.06M |
| Long-Term Assets | |||
| Property, Plant & Equipment Net | $7.21M | $5.63M | $4.77M |
| Goodwill | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 |
| Long-Term Investments | $72K | $72K | $87K |
| Deferred Tax Assets | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $70K | $124K |
| Total Long-Term Assets | $7.28M | $5.77M | $4.98M |
| Other Assets | $0 | $0 | $0 |
| Total Assets | $9.74M | $14.33M | $6.03M |
| Liabilities | |||
| Current Liabilities | |||
| Accounts Payable | $0 | $1.44M | $877K |
| Short-Term Debt | $0 | $0 | $37K |
| Current Income Tax Payable | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 |
| Other Current Liabilities | $953K | $158K | $0 |
| Total Current Liabilities | $953K | $1.59M | $914K |
| Long-Term Liabilities | |||
| Long-Term Debt | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 |
| Other Long-Term Liabilities | $2.07M | $158K | $121K |
| Total Long-Term Liabilities | $2.07M | $158K | $121K |
| Other Liabilities | $0 | $0 | $0 |
| Total Liabilities | $3.02M | $1.75M | $1.04M |
| Stockholders' Equity | |||
| Preferred Stock | $0 | $0 | $0 |
| Common Stock | $24.48M | $24.5M | $13.1M |
| Retained Earnings | -$20.73M | -$14.81M | -$8.28M |
| Comprehensive Income & Other | $2.97M | $2.89M | $170K |
| Other Stockholders' Equity | $2.97M | $2.89M | $170K |
| Total Equity | $6.71M | $12.57M | $5M |
| Minority Interest | $0 | $0 | $0 |
| Total Liabilities and Equity | $9.74M | $14.33M | $6.03M |
| Supplementary Data | |||
| Total Debt | $0 | $0 | $37K |
| Net Debt | -$2.06M | -$8M | -$797K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Currency | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
| Operating Activities | |||
| Net Income | -$5.93M | -$6.54M | -$2.62M |
| Depreciation & Amortization | $33K | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $579K | $0 |
| Changes in Working Capital: | |||
| Accounts Receivable | $6K | -$7K | $12K |
| Inventory | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 |
| Other Working Capital | -$56K | $94K | $58K |
| Total Working Capital Change | -$50K | $87K | $70K |
| Other Non-Cash Items | $251K | -$259K | $9K |
| Net Cash from Operating | -$5.7M | -$6.13M | -$2.54M |
| Investing Activities | |||
| Capital Expenditures | -$212K | -$124K | -$118K |
| Acquisitions | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 |
| Other Investing Activities | $0 | $266K | $19K |
| Net Cash from Investing | -$212K | $142K | -$100K |
| Financing Activities | |||
| Debt Repaid | - | - | - |
| Common Stock Issuance | $0 | $13.15M | $3.2M |
| Common Stock Repurchases | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 |
| Other Financing Activities | $0 | $14K | $0 |
| Net Cash from Financing | $0 | $13.13M | $3.26M |
| Forex Effect | $344K | $29K | -$1K |
| Net Change in Cash | -$5.57M | $7.17M | $620K |
| Supplementary Data | |||
| Operating Cash Flow | -$5.7M | -$6.13M | -$2.54M |
| Capital Expenditure | -$212K | -$124K | -$118K |
| Free Cash Flow | -$5.91M | -$6.25M | -$2.66M |
| Cash at Beginning | $7.63M | $835K | $214K |
| Cash at End | $2.06M | $8M | $835K |