CANDENTE COPPER CORP chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share N/A
Dividend & YieldN/AC$ (N/A)
Beta 2.96
Market capitalization 49.89M
Operating cash flow -1.05M
ESG Scores unknown

Company description

Candente Copper Corp., a mineral exploration company, engages in the acquisition, exploration, and development of mineral properties. The company primarily explores for copper, gold, and silver deposits. Its principal property is the Cañariaco project consisting of 15 mining concessions covering a total area of approximately 10,190 hectares located in Northern Peru. The company was formerly known as Candente Resource Corp. and changed its name to Candente Copper Corp. in December 2009. Candente Copper Corp. was incorporated in 1997 and is headquartered in Vancouver, Canada.

Sector: Basic Materials - Industry: Copper

Financial Ratios
Quick Ratio0.4
Working Capital3.91
Return On Equity-0.02
Debt To Equity0
Fixed Asset Ratio-0.32
Fixed Interest Cover-157.63

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 44.52k 122.1k -277.91k -446.52k
Total Cashflows From Investing Activities -199.1k -333.42k -789.97k -773.95k
Net Borrowings 93.6k 159.19k -154.27k -18.48k
Total Cash From Financing Activities 159.21k 438.72k 1.81M 1.43M
Change To Operating Activities -2.08k 4.79k -2.21k -14.95k
Issuance Of Stock 65.6k 279.53k 1.97M 1.45M
Net Income -336.95k -793.92k -932.03k -1.18M
Change In Cash -384.57k -7.88k 510.63k -340.41k
Effect Of Exchange Rate
Total Cash From Operating Activities -344.67k -113.18k -511.96k -991.49k
Depreciation 39.85k 19.91k 23.6k 33.15k
Change To Account Receivables 16.17k 50.43k -122.81k -17.6k
Other Cashflows From Financing Activities -6.57k -6.57k -6.57k -6.57k
Change To Netincome -106.18k 483.51k 799.4k 630.35k
Capital Expenditures -557.56k -500.67k -820.87k -731.9k

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -336.95k -793.92k -932.03k -1.18M
Net Income -336.95k -793.92k -932.03k -1.18M
Selling General Administrative 468.47k 393.36k 738.6k 898.76k
Gross Profit
Ebit -481.67k -413.27k -762.2k -931.91k
Operating Income -481.67k -413.27k -762.2k -931.91k
Interest Expense -1.83k -1.83k -1.83k -5.91k
Income Tax Expense
Total Revenue
Cost Of Revenue
Total Other Income ExpenseNet 144.72k -380.64k -169.83k -244.01k
Net Income From Continuing Ops -336.95k -793.92k -932.03k -1.18M
Net Income Applicable To Common Shares -336.95k -793.92k -932.03k -1.18M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 1.47M 1.36M 946.01k 580.2k
Total Stockholder Equity 62.79M 62.65M 64.26M 65.42M
Other Current Liabilities 357.35k 532.88k 278.11k 211.46k
Total Assets 64.26M 64.01M 65.2M 66M
Common Stock 84.16M 84.73M 86.77M 88.48M
Other Current Assets
Retained Earnings -34.25M -35.04M -35.97M -37.15M
Treasury Stock 12.88M 12.96M 13.46M 14.04M
Cash 7.88k 510.63k 170.22k
Total Current Liabilities 1.47M 1.36M 860.86k 499.26k
Other Stockholder Equity 12.88M 12.96M 13.46M 14.04M
Property, Plant, and Equipment 63.34M 63.78M 64.4M 65.2M
Total Current Assets 281.73k 108.64k 523.83k 198.38k
Net Tangible Assets 62.79M 62.65M 64.26M 65.42M
Net Receivables 260k 99.58k
Accounts Payable 388.23k 208.5k 105.32k 240.28k


Insider Transactions

Here are the insider transactions of stock shares related to CANDENTE COPPER CORP:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Latimer (Steven Andrew)D2022-09-20Director of Issuer
Found (Dale Andrew)D2022-06-15Senior Officer of Issuer
Elliott (George Dickson)Exercise of options at price 0.04 per share.D2022-02-15Director of Issuer250k
Milla (Andres Juan)Exercise of options at price 0.04 per share.D2022-01-17Director of Issuer750k
Bonifacio (Giulio)Exercise of options at price 0.12 per share.D2022-01-17Director of Issuer1M
Milla (Andres Juan)Acquisition or disposition in the public market at price 0.16 per share.D2022-01-13Director of Issuer200k
Milla (Andres Juan)Acquisition or disposition in the public market at price 0.16 per share.D2022-01-07Director of Issuer100k
Milla (Andres Juan)Acquisition or disposition in the public market at price 0.15 per share.D2021-12-31Director of Issuer200k
Freeze (Joanne Constance)I2021-12-03Director of Issuer357.14k
Milla (Andres Juan)Exercise of options at price 0.06 per share.D2021-12-03Director of Issuer250k
Milla (Andres Juan)Exercise of options at price 0.04 per share.D2021-12-03Director of Issuer250k
Inchaustegui (Zevallos Luis Miguel)D2021-11-10Director of Issuer

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to CANDENTE COPPER CORP. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on CANDENTE COPPER CORP

Here is the result of two systematic investment strategies applied to CANDENTE COPPER CORP. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on CANDENTE COPPER CORP

The following chart shows the equity curve of the two systematic investment strategies applied to CANDENTE COPPER CORP:

CANDENTE COPPER CORP automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 116.91% on the backtest period.

Performance at glance

Performance

116.91 %

Latent gain

2630.62 C$

Invested capital

2250.18 C$

Annualized return

25.31 %
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Momentum strategy results on CANDENTE COPPER CORP

This is the result of two momentum investment strategies applied to CANDENTE COPPER CORP. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on CANDENTE COPPER CORP

The following chart shows all the entries opened by the momentum investment system on CANDENTE COPPER CORP:

CANDENTE COPPER CORP momentum entries
  • The first momentum investment strategy would give 159.02% of return on CANDENTE COPPER CORP. That represents 9143.53C$ of latent gain with 5749.9C$ of employed capital.
  • The second momentum investment strategy would give 188.06% of return on CANDENTE COPPER CORP. That represents 7522.83C$ of latent gain with 4000.21C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

159.02 %

Latent gain

9143.53 C$

Invested capital

5749.9 C$

Annualized return

90.43 %
Performance at glance (2Q Momentum)

Performance

188.06 %

Latent gain

7522.83 C$

Invested capital

4000.21 C$

Annualized return

45.43 %

Momentum equity curve on CANDENTE COPPER CORP

The following chart shows the equity curve of the two momentum strategies applied to CANDENTE COPPER CORP:

CANDENTE COPPER CORP momentum equity

Note: the dividends potentially given by CANDENTE COPPER CORP are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on CANDENTE COPPER CORP

The following chart shows the employed capital evolution of the two momentum strategies on CANDENTE COPPER CORP since the beginning:

CANDENTE COPPER CORP

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on CANDENTE COPPER CORP

Buy the dip entry openings on CANDENTE COPPER CORP

CANDENTE COPPER CORP

The performance achieved by the robo-advisor on CANDENTE COPPER CORP is 236.92%. That represents 5331.47$ of latent gain with 2250.29C$ of employed capital. The following chart shows CANDENTE COPPER CORP stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of CANDENTE COPPER CORP, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

236.92 %

Latent gain

5331.47 C$

Invested capital

2250.29 C$

Annualized return

90.43 %

Equity curve of the strategy applied to CANDENTE COPPER CORP

The following chart shows the result of the investment strategy applied to CANDENTE COPPER CORP:

CANDENTE COPPER CORP

Note: the dividends potentially given by CANDENTE COPPER CORP are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on CANDENTE COPPER CORP

The following chart shows the employed capital evolution since the beginning of the investment strategy on CANDENTE COPPER CORP:

CANDENTE COPPER CORP

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on CANDENTE COPPER CORP

In this section, I will compare the three previous investment strategies applied to CANDENTE COPPER CORP.

Equity curve comparison on CANDENTE COPPER CORP

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

CANDENTE COPPER CORP investment strategy comparison

Employed capital comparison on CANDENTE COPPER CORP

CANDENTE COPPER CORP investment comparison

Performance comparison on CANDENTE COPPER CORP

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 116.91% 2630.62C$ 2250.18C$ 25.31%
Momentum 1 quarter 159.02% 9143.53C$ 5749.9C$ 36.31%
Momentum 2 quarters 188.06% 7522.83C$ 4000.21C$ 45.43%
Non-directional 236.92% 5331.47C$ 2250.29C$ 90.43%
Annualized return comparison

Automatic investment

25.31 %

Momentum 1Q

45.43 %

Momentum 2Q

45.43 %

Non-directional

90.43 %

Correlated stocks

Here are the most positively and negatively correlated stocks with CANDENTE COPPER CORP:

Positive correlations

Most correlated stocks this year

  • CANDENTE COPPER CORP

  • Most correlated stocks last 3 months

  • CANDENTE COPPER CORP
  • CHINA SANJIANG

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between CANDENTE COPPER CORP and the other stocks. There may be false positives or some missing correlated stocks. If the price of CANDENTE COPPER CORP does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name CANDENTE COPPER CORP
    Country Canada
    City Vancouver
    Address 1112 West Pender Street
    Phone
    Website www.candentecopper.com
    FullTime employees 14
    Industry Copper
    Sector Basic Materials
    Exchange XTSE
    Ticker DNT.XTSE
    Market

    CANDENTE COPPER CORP ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown