Explore 3 Stock Ideas & Industry Insights Download Free Report

Marimaca Copper Corp

Company price
6.78 CAD 0.14 ( 2.11%)
Last update at 2026-11-04T20:46:00Z
VOLUME
225846
Market Cap
1125.43M

Momentum Score

…

Marimaca Copper Corp. engages in the exploration and development of base metal projects in Chile. The company explores for copper, gold, and other mineral deposits. Its flagship project is the 100% owned Marimaca copper project located to the east of the coastal port of Mejillones in the Antofagasta region, northern Chile. The company was formerly known as Coro Mining Corp. and changed its name to Marimaca Copper Corp. in May 2020. Marimaca Copper Corp. was incorporated in 2004 and is based in Vancouver, Canada.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
6.68
Low
6.89
High
52 Week Price Range
4.50
Low
13.49
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Marimaca Copper Corp is a Canadian-listed mineral developer focused on advancing the Marimaca oxide copper project in northern Chile, its primary asset. Long-term growth drivers include rising global copper demand from electrification and the energy transition and the project's near-surface oxide mineralization that may benefit from established processing routes, with ongoing development and permitting activity that could support progression toward production.

Key investment risks include project financing and execution risk, commodity-price volatility, permitting and regulatory uncertainty in Chile, and potential resource or technical setbacks.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
6.64
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
-1.70M
Debt / Equity
0.01
ROE
-18.61%
Net Debt
-65.85M
ROCE
-16.78%
Diluted EPS TTM
-0.34

Insight News

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -26.28M -13.75M -7.11M -4.85M -17.48M
Net income -26.28M -13.75M -7.11M 1.57M -18.61M
Selling general administrative 15.25M 2.83M 1.58M 6.77M 10.81M
Selling and marketing expenses - 11.41M 4.26M - -
Gross profit -0.20M -0.17M -0.05M -0.05M -0.05M
Reconciled depreciation 0.20M 0.17M 0.05M 0.05M 0.05M
Ebit -29.15M -14.41M -5.89M -6.82M -17.23M
Ebitda -28.95M -14.24M -5.84M -8.53M -17.19M
Depreciation and amortization 0.20M 0.17M 0.05M -1.71M 0.05M
Operating income -26.24M -11.32M -5.89M -6.82M -17.23M
Other operating expenses 26.24M 11.32M 5.89M 6.82M 17.23M
Interest expense - - - 1.97M 0.44M
Interest income 1.67M 0.45M 0.60M 1.97M 0.24M
Net interest income 1.67M 1.13M 0.60M 0.22M -0.44M
Extraordinary items - - 0.00M 2.69M -1.33M
Income tax expense - - - -6.41M 1.13M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 26.03M 11.32M 5.89M 6.77M 17.19M
Cost of revenue 0.20M 0.17M 0.05M 0.05M 0.05M
Total other income expense net -0.05M -2.44M -1.22M 1.97M -0.24M
Discontinued operations - - - - -1.33M
Net income from continuing ops -26.28M -13.75M -7.11M -4.85M -17.48M
Net income applicable to common shares - -13.75M -7.11M -2.16M -18.81M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 178.53M 112.38M 95.60M 84.83M 92.80M
Other current assets 0.61M - 0.01M 0.00M 11.36M
Total liab 5.59M 2.81M 1.20M 0.56M 9.49M
Total stockholder equity 172.94M 109.58M 94.39M 84.26M 83.31M
Other current liab 2.90M - 0.65M 0.38M 6.09M
Common stock 318.06M - 206.31M 192.80M 192.02M
Capital stock 318.06M 230.93M 206.31M 192.80M 192.02M
Retained earnings -186.35M -160.07M -146.31M -139.20M -137.04M
Other assets - - 0.00M - -
Cash 66.78M 22.65M 16.69M 14.64M 26.79M
Cash and equivalents - - - 14.64M 26.79M
Total current liabilities 4.80M 2.81M 1.16M 0.56M 9.49M
Net debt -65.85M - -16.56M -14.64M -23.79M
Short term debt 0.15M - 0.09M 0.00M 3.00M
Short long term debt - - - - 3.00M
Short long term debt total 0.93M - 0.13M - 3.00M
Other stockholder equity 41.16M - 34.34M 30.55M 27.39M
Property plant equipment - - - 61.42M 54.20M
Total current assets 67.39M 25.47M 23.67M 19.47M 38.60M
Net tangible assets - - - - 83.31M
Net receivables 0.00M 2.31M 6.97M 4.83M 0.45M
Long term debt - - - - 0.00M
Inventory - - -0.01M - -
Accounts payable 1.75M 1.56M 0.42M 0.18M 0.40M
Accumulated other comprehensive income 0.07M - 0.07M 0.11M 0.94M
Non currrent assets other 17.00M - 0.24M 3.94M -
Non current assets total 111.14M 86.91M 71.93M 65.36M 54.20M
Capital lease obligations 0.93M 0.04M 0.13M - -
Long term debt total - - - 0.00M 0.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -12.02M -9.85M -5.78M -9.74M
Change to liabilities - - - - -0.79M
Total cashflows from investing activities -16.41M -12.02M -9.85M -5.78M -9.74M
Net borrowings -0.04M -0.08M -0.05M - -3.00M
Total cash from financing activities 79.21M 23.73M 15.10M -3.04M 33.41M
Net income -26.28M -13.75M -7.11M -2.16M -17.48M
Change in cash 44.13M 5.96M 2.06M -12.15M 12.93M
Begin period cash flow 22.65M 16.69M 14.64M 26.79M 13.85M
End period cash flow 66.78M 22.65M 16.69M 14.64M 26.79M
Total cash from operating activities -18.81M -5.74M -3.13M -3.01M -10.74M
Issuance of capital stock 66.92M 23.81M 15.01M 0.00M 36.75M
Depreciation 0.20M 0.17M 0.05M 0.05M 0.05M
Other cashflows from investing activities -13.19M -11.48M -7.82M 16.00M -0.04M
Dividends paid - - - 0.00M 0.00M
Change to account receivables -5.20M -1.13M -0.00M 0.24M -
Sale purchase of stock - 23.81M 15.15M 0.00M 36.75M
Other cashflows from financing activities - - 0.13M -5.78M -0.34M
Change to netincome - - - - 8.24M
Capital expenditures 16.41M 12.02M 9.85M 21.77M 9.74M
Change in working capital -4.43M -0.39M -0.30M -0.60M -0.79M
Stock based compensation 10.73M 4.77M 2.14M 3.94M 8.08M
Other non cash items 0.97M 3.46M 2.09M -4.22M -0.60M
Free cash flow -35.23M -17.76M -12.97M -24.78M -20.48M

Peer Comparison*

Sector: Basic Materials Industry: Copper

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to EBITDA (x)
MARI
Marimaca Copper Corp
0.14
2.11%
6.78 - 4.92 - 4.75 -30.65
LUN
Lundin Mining Corporation
1.51
5.05%
31.42 22.37 22.68 7.88 3.75 13.69
FM
First Quantum Minerals Ltd
1.00
3.11%
33.11 - 39.22 5.82 2.12 16.22
HBM
HudBay Minerals Inc
1.06
3.53%
31.08 16.56 14.41 5.86 3.12 7.38
CS
Capstone Mining Corp
0.39
3.47%
11.49 22.17 16.50 3.80 2.05 7.42

Profile*

Marimaca Copper Corp

Marimaca Copper Corp. engages in the exploration and development of base metal projects in Chile. The company explores for copper, gold, and other mineral deposits. Its flagship project is the 100% owned Marimaca copper project located to the east of the coastal port of Mejillones in the Antofagasta region, northern Chile. The company was formerly known as Coro Mining Corp. and changed its name to Marimaca Copper Corp. in May 2020. Marimaca Copper Corp. was incorporated in 2004 and is based in Vancouver, Canada.

885 West Georgia Street, Vancouver, BC, Canada, V6C 3E8

562 243 17600

Name Title Year Born
Mr. Hayden Thomas Locke Pres, CEO & Director 1983
Ms. Petra C. Decher C.A., CPA, CA, CPA Chief Financial Officer NA
Ms. Laura Helen Rich Chief Sustainability Officer & Gen. Counsel NA
Mr. Sergio L. Rivera VP of Exploration NA
Mr. Luis Albano Tondo Consultant NA
Mr. Nicolas Cookson Head of Corp. Devel. NA
Mr. Hayden Thomas Locke President, CEO & Director 1982
Mr. Jose Antonio Merino Managing Director of Chile & CFO 1982
Mr. Nicolas Cookson Head of Corporate Development & Strategy NA
Mr. Sergio L. Rivera Vice President of Exploration NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

Support

Hi! How can we help you today?

Loading…