Idaho Copper (COPR)
Market Price (10/22/2026): $2.24 | Market Cap: $34.6 MilSector: Materials | Industry: Copper
Idaho Copper (COPR)
Market Price (10/22/2026): $2.24Market Cap: $34.6 MilSector: MaterialsIndustry: Copper
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -33% Megatrend and thematic driversMegatrends include Battery Technology & Metals, Renewable Energy Transition, and Electrification of Everything. Themes include Advanced Battery Components, Show more. | Weak multi-year price returns2Y Excs Rtn is -79%, 3Y Excs Rtn is -99% | Very low revenueRev LTMTotal Revenue or Sales, Last Twelve Months is 0 Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -3.8 Mil Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -20% High stock price volatilityVol 12M is 302% Key risksCOPR key risks include [1] substantial doubt about its ability to continue as a going concern due to a lack of significant operations, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -33% |
| Megatrend and thematic driversMegatrends include Battery Technology & Metals, Renewable Energy Transition, and Electrification of Everything. Themes include Advanced Battery Components, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -79%, 3Y Excs Rtn is -99% |
| Very low revenueRev LTMTotal Revenue or Sales, Last Twelve Months is 0 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -3.8 Mil |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -20% |
| High stock price volatilityVol 12M is 302% |
| Key risksCOPR key risks include [1] substantial doubt about its ability to continue as a going concern due to a lack of significant operations, Show more. |
Qualitative Assessment
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Idaho Copper (COPR) stock has lost about 60% since 6/30/2026 because of the following key factors:
1. Continued Financial Losses and Pre-Revenue Stage. Idaho Copper Corporation remains an exploration-stage company without historical revenue, reporting a net loss of $(2.21M) for fiscal Q2 2026, which ended July 31, 2026. This ongoing net loss, driven by increased operating, payroll, and professional expenses, has likely contributed to investor uncertainty and sustained selling pressure since June 30, 2026.
2. Expiration of Warrant Lock-Up Agreement. A lock-up agreement on certain warrants expired on October 1, 2026, potentially releasing a significant number of shares into the market. This increased supply of tradable shares may have contributed to the stock's notable decline of 19.57% in the past month and 25.32% during October 2026.
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Idaho Copper (COPR) stock has lost about 60% since 6/30/2026 because of the following key factors:
1. Continued Financial Losses and Pre-Revenue Stage. Idaho Copper Corporation remains an exploration-stage company without historical revenue, reporting a net loss of $(2.21M) for fiscal Q2 2026, which ended July 31, 2026. This ongoing net loss, driven by increased operating, payroll, and professional expenses, has likely contributed to investor uncertainty and sustained selling pressure since June 30, 2026.
2. Expiration of Warrant Lock-Up Agreement. A lock-up agreement on certain warrants expired on October 1, 2026, potentially releasing a significant number of shares into the market. This increased supply of tradable shares may have contributed to the stock's notable decline of 19.57% in the past month and 25.32% during October 2026.
3. Market Reaction to Project Development Amidst Funding Concerns. While Idaho Copper announced an updated Preliminary Economic Assessment (PEA) on October 14, 2026, outlining an after-tax Net Present Value (NPV) of US$1.88 billion and an 18.5% Internal Rate of Return for its CuMo Project, the market's overall reaction did not immediately reverse the negative trend. Despite positive project economics, the company's continued pre-revenue status and the need for significant future capital to advance the project to production likely left investors cautious, preventing the PEA from fully counteracting existing selling pressures that led to the approximately 60% stock decline since June 30, 2026.
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Stock Movement Drivers
Fundamental Drivers
The -61.8% change in COPR stock from 6/30/2026 to 10/21/2026 was primarily driven by a -9.9% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 6302026 | 10212026 | Change |
|---|---|---|---|
| Stock Price ($) | 6.00 | 2.29 | -61.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 0 | 0.0% |
| P/S Multiple | ∞ | ∞ | 0.0% |
| Shares Outstanding (Mil) | 14 | 15 | -9.9% |
| Cumulative Contribution | 0.0% |
Market Drivers
6/30/2026 to 10/21/2026| Return | Correlation | |
|---|---|---|
| COPR | -61.8% | |
| Market (SPY) | 3.5% | 8.0% |
| Sector (XLB) | 1.0% | -5.1% |
Fundamental Drivers
The -68.4% change in COPR stock from 3/31/2026 to 10/21/2026 was primarily driven by a -10.3% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 3312026 | 10212026 | Change |
|---|---|---|---|
| Stock Price ($) | 7.25 | 2.29 | -68.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 0 | 0.0% |
| P/S Multiple | ∞ | ∞ | 0.0% |
| Shares Outstanding (Mil) | 14 | 15 | -10.3% |
| Cumulative Contribution | 0.0% |
Market Drivers
3/31/2026 to 10/21/2026| Return | Correlation | |
|---|---|---|
| COPR | -68.4% | |
| Market (SPY) | 19.2% | -4.5% |
| Sector (XLB) | 3.1% | -7.0% |
Fundamental Drivers
The -64.2% change in COPR stock from 9/30/2025 to 10/21/2026 was primarily driven by a -14.6% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 9302025 | 10212026 | Change |
|---|---|---|---|
| Stock Price ($) | 6.40 | 2.29 | -64.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 0 | 0.0% |
| P/S Multiple | ∞ | ∞ | 0.0% |
| Shares Outstanding (Mil) | 13 | 15 | -14.6% |
| Cumulative Contribution | 0.0% |
Market Drivers
9/30/2025 to 10/21/2026| Return | Correlation | |
|---|---|---|
| COPR | -64.2% | |
| Market (SPY) | 17.0% | 8.8% |
| Sector (XLB) | 16.1% | 6.6% |
Fundamental Drivers
The 4.1% change in COPR stock from 9/30/2023 to 10/21/2026 was primarily driven by a 0.0% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 9302023 | 10212026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.20 | 2.29 | 4.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 0 | 0.0% |
| P/S Multiple | ∞ | ∞ | 0.0% |
| Shares Outstanding (Mil) | 10 | 15 | -32.3% |
| Cumulative Contribution | 0.0% |
Market Drivers
9/30/2023 to 10/21/2026| Return | Correlation | |
|---|---|---|
| COPR | 4.1% | |
| Market (SPY) | 87.1% | 7.4% |
| Sector (XLB) | 37.8% | 8.3% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| COPR Return | -73% | 102% | 141% | 50% | -42% | -35% | -24% |
| Peers Return | 9% | -13% | -8% | 23% | 163% | -7% | 161% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 104% |
Monthly Win Rates [3] | |||||||
| COPR Win Rate | 42% | 58% | 58% | 42% | 50% | 40% | |
| Peers Win Rate | 44% | 46% | 48% | 50% | 72% | 48% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| COPR Max Drawdown | -100% | -92% | -92% | -90% | -82% | -88% | |
| Peers Max Drawdown | -49% | -57% | -42% | -37% | -35% | -47% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: WRN, IE, TGB, HBM, CDE.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 10/21/2026 (YTD)
How Low Can It Go
| Event | COPR | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -68.0% | -18.8% |
| % Gain to Breakeven | 212.5% | 23.1% |
| Time to Breakeven | 1 days | 79 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -91.7% | -6.7% |
| % Gain to Breakeven | 1111.3% | 7.1% |
| Time to Breakeven | 211 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -38.8% | -24.5% |
| % Gain to Breakeven | 63.4% | 32.4% |
| Time to Breakeven | 5 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -36.8% | -33.7% |
| % Gain to Breakeven | 58.2% | 50.9% |
| Time to Breakeven | 55 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -16.0% | -19.2% |
| % Gain to Breakeven | 19.0% | 23.8% |
| Time to Breakeven | 194 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -33.3% | -12.2% |
| % Gain to Breakeven | 50.0% | 13.9% |
| Time to Breakeven | 354 days | 62 days |
In The Past
Idaho Copper's stock fell -68.0% during the 2025 US Tariff Shock. Such a loss loss requires a 212.5% gain to breakeven.
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Asset Allocation
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| Event | COPR | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -68.0% | -18.8% |
| % Gain to Breakeven | 212.5% | 23.1% |
| Time to Breakeven | 1 days | 79 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -91.7% | -6.7% |
| % Gain to Breakeven | 1111.3% | 7.1% |
| Time to Breakeven | 211 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -38.8% | -24.5% |
| % Gain to Breakeven | 63.4% | 32.4% |
| Time to Breakeven | 5 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -36.8% | -33.7% |
| % Gain to Breakeven | 58.2% | 50.9% |
| Time to Breakeven | 55 days | 140 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -33.3% | -12.2% |
| % Gain to Breakeven | 50.0% | 13.9% |
| Time to Breakeven | 354 days | 62 days |
| 2013 Taper Tantrum | ||
| % Loss | -25.7% | -0.2% |
| % Gain to Breakeven | 34.7% | 0.2% |
| Time to Breakeven | 3 days | 1 days |
In The Past
Idaho Copper's stock fell -68.0% during the 2025 US Tariff Shock. Such a loss loss requires a 212.5% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Idaho Copper (COPR)
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- Tourmaline-related healthcare products: The company previously manufactured and sold a range of healthcare products infused with tourmaline.
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Based on the provided information, Joway Health Industries Group Inc. (trading as COPR) does not have significant operations. Consequently, the company does not currently have major customers.
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Andrew Brodkey, Chief Executive Officer
Andrew Brodkey was appointed CEO of Idaho Copper in January 2022. He brings over 30 years of experience in the mining industry, having served as a CEO and in senior legal and business development capacities for major mining houses and junior companies. A mining engineer and lawyer, Mr. Brodkey began his career as VP, General Counsel with Magma Copper Co. (a NYSE-traded spin-off from Newmont Mining) and later became VP, Business Development for BHP Copper following its merger with BHP Billiton. He founded the International Mining and Metals Group of CB Richard Ellis, an M&A practice focused on major mining clients, and has also served as CEO for four publicly traded junior explorers.
Bruce Harmon, Chief Financial Officer
Bruce Harmon was appointed Chief Financial Officer of Idaho Copper on August 5, 2026, transitioning from his role as the Company's Controller. He is a financial executive with over 45 years of experience in both private and public companies. Since 2008, Mr. Harmon has been the President and owner of Lakeport Business Services, Inc., where he has provided chief financial officer services to more than 150 clients. Earlier in his career, he spent five years in the mining industry with Amoco Minerals Company, working as an accountant and operations analyst. Mr. Harmon has been instrumental in taking 17 companies public, facilitating acquisitions, and raising growth capital.
Robert Scannell, Executive Chairman
Robert Scannell was appointed Executive Chairman of the Board of Directors for Idaho Copper on August 5, 2026, previously serving as the company’s Chief Financial Officer and a director. He founded Tradewinds Investment Management LP, a hedge fund specializing in emerging markets and natural resources. Mr. Scannell has also held director positions at numerous public and private companies and worked in institutional sales at Merrill Lynch & Co. He played a key role in guiding Idaho Copper through its recent uplisting to the NYSE American and a concurrent $18 million public offering. In his current role, he focuses on capital markets strategy, financing, and board leadership.
Gil Atzmon, Independent Director
Gil Atzmon was appointed as an independent director to Idaho Copper's Board of Directors around July 6, 2026. He possesses over 40 years of experience in the energy and mineral sector, including roles as a field engineer, investment fund manager, investment banker, and mining executive. Mr. Atzmon founded Zazu Metals in 2006 and served as its Chairman, Chief Executive Officer, and a director until its acquisition by Solitario Resources Corporation in 2017. He has since been a director of Solitario and was recently named its Chairman. His earlier career includes serving as Vice President, Corporate Development of Ivanhoe Mines Ltd., and Chief Investment Strategist and Portfolio Manager for US Global Investors Inc.
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- Going Concern Risk: As a company with no significant operations, Joway Health Industries Group Inc. faces a substantial risk of being unable to generate revenue or secure sufficient funding to sustain its existence. This raises significant doubts about its ability to continue as a going concern, potentially leading to bankruptcy or dissolution.
- Liquidity and Funding Risk: Without active operations, the company likely has no internal source of revenue generation. It would be highly reliant on external financing or capital raises to cover administrative expenses and any potential future endeavors. The inability to secure such funding poses a critical liquidity risk.
- Delisting Risk: Publicly traded companies that lack significant operations, assets, or fail to meet minimum financial and operational requirements set by stock exchanges are at high risk of being delisted. This can severely impact investor confidence and the company's ability to raise capital.
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For Idaho Copper (COPR), a mineral exploration and development company focused on its CuMo copper-molybdenum-silver project in Boise County, Idaho, the expected drivers of future revenue growth over the next 2-3 years are centered on advancing its flagship project towards production and leveraging favorable market conditions for critical minerals.
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Advancement of the CuMo Project through Development Milestones: A primary driver of future revenue growth for Idaho Copper will be the successful progression of its CuMo project through key development stages. This includes the completion of an updated Preliminary Economic Assessment (PEA) and the initiation and completion of a Prefeasibility Study (PFS). These technical studies are crucial for demonstrating the economic viability of the project, de-risking the investment, and moving closer to a production decision. The company has stated its intention to use recent offering proceeds for these activities.
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Favorable Commodity Price Trends for Copper, Molybdenum, and Silver: As a pre-revenue mineral exploration company, Idaho Copper's future earnings will be directly tied to the market prices of the minerals it aims to extract: copper, molybdenum, and silver. Sustained or increasing prices for these critical minerals would significantly enhance the project's profitability and revenue potential once production commences.
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Securing Project Financing and Strategic Partnerships: To transition from exploration and development to full-scale mining operations, Idaho Copper will require substantial capital investment. Future revenue growth will be driven by the company's ability to secure significant project financing, potentially through debt, equity, or strategic partnerships with larger mining entities, which would fund the construction and operation of the CuMo mine.
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Successful Permitting and Regulatory Approvals: Obtaining all necessary environmental, land use, and operational permits and approvals from relevant regulatory bodies is a critical step before any mining can begin. Efficient navigation of the regulatory landscape for the CuMo project will be essential to avoid delays and allow for the eventual extraction and sale of minerals, which will generate revenue.
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Share Issuance
- In July 2026, Idaho Copper Corporation priced and subsequently closed an $18 million public offering.
- As part of a reverse merger transaction on January 23, 2023, Joway Health Industries Group Inc. (the predecessor to Idaho Copper Corporation) issued 182,240,000 new shares of its common stock to the shareholders of International CuMo Mining Corporation.
- In February 2023, the company assumed warrants exercisable for up to 41,540,000 shares of common stock and issued replacement warrants for an aggregate of 11,973,333 shares at an exercise price of $0.15 per share.
Inbound Investments
- The company's current form resulted from a reverse merger on January 23, 2023, where International CuMo Mining Corporation acquired Joway Health Industries Group Inc. (the predecessor of Idaho Copper Corporation), effectively integrating International CuMo's assets and operations.
Capital Expenditures
- Idaho Copper Corporation is actively focused on the exploration and development of its flagship CuMo Project in Boise County, Idaho.
- The company is advancing technical studies, including an updated Preliminary Economic Assessment (PEA) that adheres to Canadian National Instrument 43-101 and U.S. SEC Regulation S-K 1300 standards.
- Significant capital is being allocated to engage specialized engineering and consulting firms, such as Barr Engineering Co., Whittle Consulting, Lycopodium, and MineSense, to support the project's development.
Peer Outperformance in Copper
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Steel | 14 | 22.3% | 46.6% | 142.7% | STLD 323% · HCC 263% · RS 207% |
| Copper ← | 7 | 56.0% | 121.4% | 141.5% | SCCO 279% · TGB 262% · HBM 236% |
| Gold | 36 | 7.5% | 173.5% | 117.2% | IAG 527% · OGC 408% · KGC 314% |
| Silver | 6 | 37.3% | 259.6% | 106.8% | AYA 259% · HL 172% · SVM 132% |
| Aluminum | 3 | 11.4% | 166.8% | 80.9% | CENX 124% · KALU 81% · AA -14% |
| Construction Materials | 6 | -21.1% | 26.4% | 43.4% | USLM 364% · CRH 93% · VMC 49% |
| Metal, Glass & Plastic Containers | 10 | -2.3% | 25.1% | 4.5% | GEF 50% · SLGN 5% · ATR 4% |
| Paper & Plastic Packaging Products & Materials | 7 | 14.9% | 15.2% | -3.4% | PKG 106% · CCK 17% · SON 3% |
| Diversified Metals & Mining | 23 | -61.1% | -16.7% | -9.2% | USAR 34229% · MTRN 262% · MP 12% |
| Diversified Chemicals | 3 | 6.4% | 1.1% | -18.6% | CBT 52% · ASH -19% |
| Specialty Chemicals | 41 | 8.6% | 7.3% | -22.5% | NEU 161% · ESI 73% · SXT 52% |
| Commodity Chemicals | 13 | -3.4% | -26.3% | -35.6% | HWKN 257% · MEOH 47% · DOW -33% |
| Precious Metals & Minerals | 8 | -6.7% | 154.3% | -42.7% | PPTA 288% |
| Fertilizers & Agricultural Chemicals | 10 | -44.7% | -55.1% | -61.3% | CF 115% · NTR 15% · MOS -52% |
| Paper Products | 4 | -35.8% | -56.4% | -77.0% |
Research & Analysis
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Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 7.92 |
| Mkt Cap | 2.0 |
| Rev LTM | 494 |
| Op Inc LTM | 141 |
| FCF LTM | 134 |
| FCF 3Y Avg | 72 |
| CFO LTM | 206 |
| CFO 3Y Avg | 135 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 41.2% |
| Rev Chg 3Y Avg | 31.5% |
| Rev Chg Q | 71.8% |
| QoQ Delta Rev Chg LTM | 13.8% |
| Op Inc Chg LTM | 16.0% |
| Op Inc Chg 3Y Avg | 67.6% |
| Op Mgn LTM | 29.4% |
| Op Mgn 3Y Avg | 21.3% |
| QoQ Delta Op Mgn LTM | -2.4% |
| CFO/Rev LTM | 37.9% |
| CFO/Rev 3Y Avg | 30.9% |
| FCF/Rev LTM | 19.6% |
| FCF/Rev 3Y Avg | 12.1% |
Segment Financials
Revenue by Segment| $ Mil | 2026 | 2025 | 2024 | 2022 | 2021 |
|---|---|---|---|---|---|
| Single segment | 0 | 0 | 0 | 0 | 0 |
| Total | 0 | 0 | 0 | 0 | 0 |
| $ Mil | 2022 | 2021 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|
| Single segment | -0 | -0 | |||
| Daily Healthcare and Personal Care Series | -0 | -0 | -0 | ||
| Healthcare Knitgoods Series | -0 | -0 | -0 | ||
| Wellness House and Activated Water Machine Series | -1 | -1 | -0 | ||
| Total | -0 | -0 | -1 | -1 | -1 |
| $ Mil | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Single segment | 0 | 0 | 0 | 1 | 0 |
| Total | 0 | 0 | 0 | 1 | 0 |
Price Behavior
| Market Price | $2.29 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 08/14/2023 | |
| Distance from 52W High | -87.3% | |
| 50 Days | 200 Days | |
| DMA Price | $3.08 | $5.25 |
| DMA Trend | up | down |
| Distance from DMA | -25.6% | -56.4% |
| 3M | 1YR | |
| Volatility | 78.4% | 301.7% |
| Downside Capture | -88.87 | 436.33 |
| Upside Capture | -90.55 | 199.14 |
| Correlation (S&P 500) | 12.8% | 5.9% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.27 | -0.59 | 0.52 | -0.72 | 1.43 | 1.47 |
| Up Beta | -0.33 | 0.67 | 2.66 | -0.54 | -3.04 | -0.90 |
| Down Beta | 0.80 | 4.20 | 3.01 | 3.34 | -1.17 | 0.44 |
| Up Capture | -1% | -16% | -147% | -119% | 941% | 1854% |
| Bmk +ve Days | 6 | 16 | 27 | 66 | 132 | 424 |
| Stock +ve Days | 8 | 18 | 24 | 33 | 61 | 104 |
| Down Capture | 104% | -497% | 168% | -187% | 189% | 113% |
| Bmk -ve Days | 16 | 26 | 37 | 60 | 120 | 328 |
| Stock -ve Days | 13 | 22 | 37 | 53 | 68 | 112 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with COPR | |
|---|---|---|---|---|
| COPR | -81.8% | 153.9% | -1.48 | - |
| Sector ETF (XLB) | 17.0% | 17.7% | 0.72 | 7.2% |
| Equity (SPY) | 16.2% | 12.7% | 0.90 | 0.7% |
| Gold (GLD) | -6.0% | 29.0% | -0.22 | 9.2% |
| Commodities (DBC) | 50.2% | 20.7% | 1.85 | 14.9% |
| Real Estate (VNQ) | 3.1% | 13.8% | -0.03 | -0.9% |
| Bitcoin (BTCUSD) | -25.3% | 43.4% | -0.55 | 3.2% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with COPR | |
|---|---|---|---|---|
| COPR | 326.7% | 1,052.0% | 2.78 | - |
| Sector ETF (XLB) | 6.6% | 19.1% | 0.23 | 7.5% |
| Equity (SPY) | 13.6% | 17.1% | 0.61 | 6.9% |
| Gold (GLD) | 17.7% | 18.9% | 0.76 | -10.4% |
| Commodities (DBC) | 9.5% | 19.5% | 0.37 | -4.9% |
| Real Estate (VNQ) | 1.1% | 18.9% | -0.05 | 6.4% |
| Bitcoin (BTCUSD) | 7.6% | 51.7% | 0.33 | -8.7% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with COPR | |
|---|---|---|---|---|
| COPR | 61.0% | 134,712.4% | 0.92 | - |
| Sector ETF (XLB) | 10.4% | 20.7% | 0.44 | -2.3% |
| Equity (SPY) | 15.5% | 17.9% | 0.73 | 0.5% |
| Gold (GLD) | 12.2% | 16.4% | 0.61 | -1.9% |
| Commodities (DBC) | 8.2% | 18.1% | 0.37 | 0.3% |
| Real Estate (VNQ) | 5.2% | 20.7% | 0.21 | 3.6% |
| Bitcoin (BTCUSD) | 62.6% | 66.2% | 1.02 | 2.1% |
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SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 07/31/2026 | 08/31/2026 | 10-Q |
| 04/30/2026 | 06/01/2026 | 10-Q |
| 01/31/2026 | 03/17/2026 | 10-K |
| 10/31/2025 | 11/25/2025 | 10-Q |
| 07/31/2025 | 09/09/2025 | 10-Q |
| 04/30/2025 | 06/13/2025 | 10-Q |
| 01/31/2025 | 04/22/2025 | 10-K |
| 10/31/2024 | 12/12/2024 | 10-Q |
| 07/31/2024 | 09/05/2024 | 10-Q |
| 04/30/2024 | 06/03/2024 | 10-Q |
| 01/31/2024 | 05/15/2024 | 10-K |
| 10/31/2023 | 12/20/2023 | 10-Q |
| 07/31/2023 | 09/05/2023 | 10-Q |
| 04/30/2023 | 06/14/2023 | 10-Q |
| 12/31/2022 | 03/10/2023 | 10-K |
| 09/30/2022 | 11/14/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 07/31/2026 | 08/31/2026 | 10-Q |
| 04/30/2026 | 06/01/2026 | 10-Q |
| 01/31/2026 | 03/17/2026 | 10-K |
| 10/31/2025 | 11/25/2025 | 10-Q |
| 07/31/2025 | 09/09/2025 | 10-Q |
| 04/30/2025 | 06/13/2025 | 10-Q |
| 01/31/2025 | 04/22/2025 | 10-K |
| 10/31/2024 | 12/12/2024 | 10-Q |
| 07/31/2024 | 09/05/2024 | 10-Q |
| 04/30/2024 | 06/03/2024 | 10-Q |
| 01/31/2024 | 05/15/2024 | 10-K |
| 10/31/2023 | 12/20/2023 | 10-Q |
| 07/31/2023 | 09/05/2023 | 10-Q |
| 04/30/2023 | 06/14/2023 | 10-Q |
| 12/31/2022 | 03/10/2023 | 10-K |
| 09/30/2022 | 11/14/2022 | 10-Q |
| 06/30/2022 | 08/10/2022 | 10-Q |
| 03/31/2022 | 05/12/2022 | 10-Q |
| 12/31/2021 | 03/30/2022 | 10-K |
| 09/30/2021 | 11/08/2021 | 10-Q |
| 06/30/2021 | 09/28/2021 | 10-Q |
| 03/31/2021 | 09/28/2021 | 10-Q |
| 12/31/2020 | 08/16/2021 | 10-K |
| 09/30/2020 | 11/16/2020 | 10-Q |
| 06/30/2020 | 08/14/2020 | 10-Q |
| 03/31/2020 | 05/15/2020 | 10-Q |
| 12/31/2019 | 03/31/2020 | 10-K |
| 09/30/2019 | 11/14/2019 | 10-Q |
Industry Resources
| Materials Resources |
| Chemical & Engineering News (C&EN) |
| Mining.com |
| Plastics News |
| Copper Resources |
| International Copper Association |
| Copper Investing News |
| Kitco Copper |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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