C3 Metals Inc. (CUAUF)
C3 Metals Inc. is a Canada-based mineral exploration company focused on discovery and development of copper and gold deposits in Peru and Jamaica. The company's principal activities include the exploration of the Jasperoide Project, which covers approximately 30,000 hectares in the Andahuaylas-Yauri Porphyry-Skarn belt of southern Peru. The Company also holds a 100% interest in mineral exploration licences covering 17,855 hectares and a 50% interest in 9,870 hectares of highly prospective copper-gold terrain in Jamaica. The company was formerly known as Carube Copper Corp. and changed its name to C3 Metals Inc. in July 2020. The company is based in Toronto, Canada.
Industry: Other Precious Metals
C3 Metals Inc.
OTC:CUAUFBasic Materials · Other Precious Metals
-4.55%$0.4200
Mkt Cap$41.26M
Float76.1M
O/S98.23M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$2.14M
Total Assets$53.8M
Free Cash Flow-$1.73M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$52.93M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:13Reverse splitDec 19, 202313 shares → 1
Balance Sheet Details
Assets$53.8M
Liabilities$873K
Accounts Receivable$12K
Accounts Payable$381K
Inventory$0
PP&E (Net)$43K
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-08-31 | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 | 2020-08-31 | 2019-08-31 | 2018-08-31 | 2017-08-31 | 2016-08-31 | 2015-08-31 | 2014-08-31 | 2012-12-31 | 2011-12-31 |
| Revenue | $0 | $0 | $1.16M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $7K | $5K | $1.16M | $288 | $185 | $140 | $51 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | -$7K | -$5K | -$313 | -$288 | -$185 | -$140 | -$51 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Margin | - | - | -0.0% | - | - | - | - | - | - | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $2.32M | $1.61M | $1.74M | $2.55M | $2.24M | $529K | $611K | $843K | $904K | $671K | $532K | $527K | $785K | $1.04M |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1K | $0 | $0 | $0 | $0 | $0 | $354K |
| Total Operating Expenses | $2.32M | $1.61M | $1.74M | $2.55M | $2.24M | $684K | $916K | $1.21M | $905K | $671K | $532K | $527K | $798K | $1.06M |
| Operating Income (EBIT) | -$2.33M | -$1.61M | -$2.9M | -$2.33M | -$531K | -$818K | -$910K | -$1.2M | -$892K | -$671K | -$532K | -$527K | -$1.29M | -$1.11M |
| Operating Margin | - | - | -250.2% | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $26K | $90K | $110K | $67K | $60K | $28K | $0 |
| Interest Income | $163K | $96K | $59K | $54K | $16K | $6K | $6K | $7K | $2K | $165 | $389 | $144 | $0 | $0 |
| Other Income (Expense) | $261K | -$21K | $2.24M | -$237K | -$1.76M | $119K | -$717K | -$354K | -$92K | $52K | $5K | -$142K | -$691K | -$62K |
| Income Before Tax (EBT) | -$2.07M | -$1.63M | -$661K | -$2.72M | -$3.94M | -$543K | -$1.62M | -$1.23M | -$978K | -$619K | -$527K | -$669K | -$1.17M | -$759K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $27K | $0 | $0 | $0 | $0 | $4K | $410K |
| Net Income | -$2.14M | -$1.63M | -$661K | -$2.72M | -$3.94M | -$543K | -$1.62M | -$1.23M | -$978K | -$619K | -$527K | -$669K | -$1.18M | -$1.17M |
| Net Income Margin | - | - | -57.0% | - | - | - | - | - | - | - | - | - | - | - |
| Supplementary Data | ||||||||||||||
| EPS | -0.03 | -0.04 | -0.02 | -0.09 | -0.17 | -0.04 | -0.17 | -0.17 | -0.21 | -0.18 | -0.24 | -0.40 | -1.43 | -4.29 |
| Diluted EPS | -0.03 | -0.04 | -0.02 | -0.09 | -0.17 | -0.04 | -0.17 | -0.17 | -0.21 | -0.18 | -0.24 | -0.40 | -1.43 | -4.29 |
| Weighted Average OS | 84.51M | 60.07M | 48.12M | 43.55M | 32.25M | 20.13M | 13.12M | 10.43M | 6.54M | 4.90M | 3.13M | 2.36M | 1.16M | 382,077 |
| EBITDA | -$2.06M | -$1.61M | -$581K | -$2.33M | -$531K | -$818K | -$910K | -$1.19M | -$886K | -$650K | -$520K | -$477K | -$473K | -$986K |
| EBITDA Margin | - | - | -50.1% | - | - | - | - | - | - | - | - | - | - | - |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-08-31 | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 | 2020-08-31 | 2019-08-31 | 2018-08-31 | 2017-08-31 | 2016-08-31 | 2015-08-31 | 2014-08-31 | 2012-12-31 | 2011-12-31 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $8.48M | $1.08M | $2.02M | $5.21M | $4.17M | $2.31M | $78K | $870K | $474K | $92K | $240K | $8K | $31K | $110K |
| Short-Term Investments | $16K | $22K | $38K | $233K | $91K | $142K | $27K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $8.49M | $1.11M | $2.06M | $5.44M | $4.26M | $2.45M | $105K | $870K | $474K | $92K | $240K | $8K | $31K | $110K |
| Accounts Receivable | $12K | $12K | $27K | $122K | $0 | $0 | $0 | $0 | $36 | $0 | $0 | $0 | $6K | $21K |
| Inventory | $0 | $0 | -$27K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $485 | $36K | $63K | $36K | $61K | $20K | $46K | $57K | $59K | $64K | $123K | $212K | $0 | $0 |
| Total Current Assets | $8.7M | $1.23M | $2.23M | $5.9M | $4.47M | $2.48M | $177K | $961K | $598K | $233K | $439K | $220K | $57K | $164K |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $43K | $41.57M | $36.81M | $12.7M | $8.18M | $9.65M | $4.18M | $5.04M | $5.19M | $5.13M | $5.2M | $2.81M | $6.01M | $6M |
| Goodwill | $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 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $45.06M | $19K | $409K | $16.71M | $7.45M | $3.9M | $3.87M | $3.6M | $3.29M | $2.42M | $2.39M | $2.1M | $0 | $0 |
| Total Long-Term Assets | $45.1M | $41.58M | $37.22M | $29.41M | $15.62M | $13.55M | $8.04M | $8.64M | $8.48M | $7.55M | $7.59M | $4.92M | $6.01M | $6M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $53.8M | $42.81M | $39.45M | $35.31M | $20.1M | $16.04M | $8.22M | $9.6M | $9.08M | $7.78M | $8.03M | $5.14M | $6.06M | $6.16M |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $381K | $245K | $332K | $707 | $804K | $254K | $95K | $109K | $350K | $123K | $299K | $776K | $439K | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $257K | $246K | $162K | $0 | $0 | $713K |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4K | $41K | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $873K | $15K | $0 | $720K | $13K | $0 | $12K | $1K | $679 | $0 | $147K | $1.49M | $686K | $160K |
| Total Current Liabilities | $873K | $260K | $344K | $721K | $817K | $269K | $108K | $110K | $612K | $410K | $627K | $1.05M | $932K | $873K |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $198K | $708K | $757K | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $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 | $438K | $440K |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1K | $13K | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $199K | $721K | $757K | $305K | $438K | $440K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $873K | $260K | $344K | $721K | $817K | $269K | $108K | $110K | $811K | $1.13M | $1.38M | $1.35M | $1.37M | $1.31M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $64.27M | $53.67M | $48.07M | $44.6M | $28.42M | $21.17M | $13.24M | $13.11M | $10.98M | $8.68M | $8.25M | $0 | $0 | $0 |
| Retained Earnings | -$18.22M | -$16.17M | -$14.53M | -$13.87M | -$11.15M | -$7.21M | -$6.66M | -$5.05M | -$3.81M | -$2.84M | -$2.22M | -$1.59M | -$2.57M | -$2.37M |
| Comprehensive Income & Other | $1.8M | $629K | $1.32M | $107K | -$936K | -$551K | -$236K | -$309K | -$240K | -$142K | $13K | -$197K | $0 | $0 |
| Other Stockholders' Equity | $6.88M | $5.05M | $5.56M | $3.86M | $2.01M | $1.8M | $1.54M | $1.43M | $1.1M | $808K | $617K | $5.37M | $7.26M | $7.22M |
| Total Equity | $52.93M | $42.55M | $39.1M | $34.59M | $19.28M | $15.77M | $8.11M | $9.49M | $8.27M | $6.65M | $6.65M | $3.78M | $4.69M | $4.85M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $53.8M | $42.81M | $39.45M | $35.31M | $20.1M | $16.04M | $8.22M | $9.6M | $9.08M | $7.78M | $8.03M | $5.14M | $6.06M | $6.16M |
| Supplementary Data | ||||||||||||||
| Total Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $455K | $954K | $919K | $571K | $0 | $713K |
| Net Debt | -$8.48M | -$1.08M | -$2.02M | -$5.21M | -$4.17M | -$2.31M | -$78K | -$870K | -$19K | $862K | $679K | $563K | -$31K | $603K |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-08-31 | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 | 2020-08-31 | 2019-08-31 | 2018-08-31 | 2017-08-31 | 2016-08-31 | 2015-08-31 | 2014-08-31 | 2012-12-31 | 2011-12-31 |
| Operating Activities | ||||||||||||||
| Net Income | -$2.07M | -$1.63M | -$661K | -$2.72M | -$3.94M | -$543K | -$1.62M | -$1.23M | -$978K | -$619K | -$527K | -$669K | -$1.18M | -$1.17M |
| Depreciation & Amortization | $7K | $6K | $313 | $288 | $185 | $140 | $51 | $8K | $6K | $2K | $2K | $51K | $13K | $16K |
| Deferred Income Tax | $0 | $0 | $0 | $160K | $1.66M | -$152K | $708K | $303K | $0 | -$138K | -$37K | $0 | $4K | $410K |
| Stock-Based Compensation | $524K | $112K | $308K | $582K | $976K | $19K | $167K | $0 | $302K | $214K | $3K | $0 | $131K | $344K |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | -$391 | $17K | $42K | -$43K | -$16K | $30K | $11K | $0 | $0 | $16K | -$6K | -$11K | $0 | -$22K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$182K | -$190K | -$439K | -$677K | -$316K | -$535K | -$2K | $0 | $0 | -$106K | -$491K | -$114K | $0 | $45K |
| Total Working Capital Change | -$183K | -$173K | -$397K | -$720K | -$332K | -$505K | $9K | -$212K | $63K | -$90K | -$496K | -$126K | $183K | $22K |
| Other Non-Cash Items | $530K | $13K | -$1.1M | -$509 | -$89 | -$163 | -$222 | $24K | $79K | -$31K | $30K | $53K | $322K | -$298K |
| Net Cash from Operating | -$1.71M | -$1.68M | -$1.85M | -$2.7M | -$1.63M | -$1.18M | -$736K | -$945K | -$529K | -$523K | -$989K | -$691K | -$525K | -$674K |
| Investing Activities | ||||||||||||||
| Capital Expenditures | -$2.14M | -$4.86M | -$5.82M | -$11K | -$43K | -$155K | -$4K | -$27K | -$42K | -$147K | -$110K | -$849K | -$766K | -$2.34M |
| Acquisitions | $0 | $0 | $0 | $0 | $25K | $212K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | -$25K | -$195 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $193K | $19K | $582K | $195 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $464K | $16K | $750K | -$9.34M | -$3.89M | -$181K | -$51K | -$512K | -$828K | $0 | $0 | $0 | $4K | -$2.3M |
| Net Cash from Investing | -$1.67M | -$4.84M | -$4.88M | -$9.33M | -$3.35M | -$125K | -$56K | -$538K | -$870K | -$147K | -$110K | -$849K | -$762K | -$2.34M |
| Financing Activities | ||||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | $149K | $333K | $82K | $34K | - | - | - |
| Common Stock Issuance | $10.64M | $5.74M | $3.56M | $13.76M | $5.29M | $3.68M | $0 | $2.14M | $2.18M | $562K | $739K | $110K | $118K | $3.66M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$224K | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | -$143K | -$96K | -$940K | $1.56M | -$147K | -$535 | -$105K | -$71K | $41K | $822K | $1.55M | $713K | $713K |
| Net Cash from Financing | $10.64M | $5.59M | $3.47M | $12.82M | $6.84M | $3.53M | -$535 | $1.88M | $1.78M | $521K | $1.33M | $1.55M | $713K | $2.99M |
| Forex Effect | $84K | -$12K | $81K | $251K | -$160K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $7.34M | -$935K | -$3.19M | $1.04M | $1.86M | $2.23M | -$792K | $396K | $382K | -$148K | $232K | $6K | -$574K | -$27K |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | -$1.71M | -$1.68M | -$1.85M | -$2.7M | -$1.63M | -$1.18M | -$736K | -$945K | -$529K | -$523K | -$989K | -$691K | -$525K | -$674K |
| Capital Expenditure | -$13K | -$4.86M | -$5.82M | -$11K | -$43K | -$155K | -$4K | -$27K | -$42K | -$147K | -$110K | -$849K | -$766K | -$2.34M |
| Free Cash Flow | -$1.73M | -$6.53M | -$7.68M | -$2.71M | -$1.68M | -$1.34M | -$740K | -$972K | -$571K | -$669K | -$1.1M | -$1.54M | -$1.29M | -$3.02M |
| Cash at Beginning | $1.14M | $2.02M | $5.21M | $4.17M | $2.31M | $78K | $870K | $474K | $92K | $240K | $8K | $1K | $605K | $632K |
| Cash at End | $8.48M | $1.08M | $2.02M | $5.21M | $4.17M | $2.31M | $78K | $870K | $474K | $92K | $240K | $8K | $31K | $605K |