Financial Comparison: Coppernico Metals (OTCMKTS:CPPMF) vs. Taseko Mines (NYSE:TGB)

On November 1, 2024, we dive into a financial comparison between two small-cap basic materials companies: Coppernico Metals (OTCMKTS:CPPMF) and Taseko Mines (NYSE:TGB). This comparison helps to determine which of these companies might be a better investment opportunity by examining their risk levels, profitability, institutional ownership, earnings, valuation, dividend offerings, and analyst recommendations.

Analyst Recommendations

Analyzing recent ratings and price targets compiled by MarketBeat.com gives us insight into how analysts view these companies. The findings are summarized in the table below:

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Coppernico Metals	0	0	0	0	N/A
Taseko Mines	0	0	2	1	3.33

The analysis indicates that Taseko Mines has a consensus price target of $3.50, representing an expected increase of 58.01%. This suggests that analysts have a more favorable outlook on Taseko Mines compared to Coppernico Metals.

Profitability

When assessing financial health, net margins, return on equity, and return on assets provide vital clues. The comparison shows:

	Net Margins	Return on Equity	Return on Assets
Coppernico Metals	7.31%	-8.02%	-3.71%
Taseko Mines	13.07%	18.82%	4.78%

These numbers reveal that Taseko Mines not only boasts higher net margins but also shows better returns on equity and assets.

Insider and Institutional Ownership

Ownership structures offer insights into investor confidence. Taseko Mines has 17.9% of its shares owned by institutional investors, while insider ownership stands at 2.3%. High institutional ownership typically implies strong belief in a company's potential among large investors.

Earnings & Valuation

Examining revenue, earnings, and valuation metrics helps in understanding market positioning:

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Coppernico Metals	$231.89 million	0.28	$24.58 million	$0.09	3.38
Taseko Mines	$582.21 million	1.14	$61.28 million	$0.19	11.66

Taseko Mines generates higher revenues and profits compared to Coppernico Metals. Although Coppernico is currently more affordable based on its lower price-to-earnings ratio, Taseko’s financial figures suggest a stronger overall standing.

Risk and Volatility

Assessing market risks, Coppernico Metals holds a beta of 2.01, indicating its stock is 101% more volatile than the S&P 500. Taseko Mines, with a beta of 1.74, is 74% more volatile than the index. This means Coppernico Metals carries a higher risk of price fluctuations compared to Taseko Mines.

Summary

In conclusion, Taseko Mines demonstrates superior performance across 13 out of 14 factors when compared to Coppernico Metals.

About Coppernico Metals

Coppernico Metals focuses on mining, exploring, and developing mineral properties in Canada, specially targeting copper, gold, and silver deposits. The company controls a 75% interest in the Copper Mountain mine, which spans about 6,354 hectares near Princeton, British Columbia. Since its establishment in 2006, it has operated as a subsidiary of Hudbay Minerals Inc.

About Taseko Mines

Taseko Mines Limited engages in the acquisition, development, and operation of mineral properties, exploring for copper, molybdenum, gold, niobium, and silver. Its primary asset is the Gibraltar mine in British Columbia, along with interests in various other projects. Founded in 1966, Taseko is also headquartered in Vancouver, Canada.

Finance, Investments, Mining