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Surge Copper Corp (SURG) AI Stock Analysis
Surge Copper Corp
(TSXV:SURG)
The score is weighed down primarily by financial performance: the company is pre-revenue with widening losses and continued cash burn, despite a low-debt balance sheet. Technicals add further pressure as the stock trades below key moving averages with negative MACD, while valuation is limited by a negative P/E and no dividend yield support.
Surge Copper Corp (SURG) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 167.28M
- Dividend Yield
- ―
- Average Volume (3M)
- 709.63K
- Price to Earnings (P/E)
- -27.4
- Beta (1Y)
- 2.81
- Revenue Growth
- ―
- EPS Growth
- -106.58%
- Country
- Canada
- Employees
- 0
- Sector
- General
- Sector Strength
- 55
- Industry
- Industrial Materials
Surge Copper Corp Business Overview & Revenue Model
Company Description
Surge Copper Corp. is a Canadian company dedicated to identifying, exploring, and advancing mineral properties. Its primary focus is on uncovering deposits of copper, gold, silver, and molybdenum. The firm maintains complete ownership of the Ootsa pr...
How the Company Makes Money
Publicly available, company-specific details on Surge Copper Corp’s current revenue model and active revenue streams are not available in the information provided here. null
Surge Copper Corp Financial Statement Overview
Summary
Overall financials are constrained by a pre-revenue model (revenue is 0 across periods), persistent and widening losses (TTM net income about -5.2M; EBIT about -5.0M), and ongoing cash burn (TTM operating cash flow about -3.0M; free cash flow negative). The key offsetting strength is a relatively solid balance sheet with very low leverage and meaningful equity growth, which reduces near-term solvency risk but does not resolve profitability and funding dependence.
Income Statement
12Very NegativeBalance Sheet
66PositiveCash Flow
24Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | -31.52K | -31.52K | -32.94K | -36.06K | -39.33K | -48.79K |
| EBITDA | -4.14M | -4.14M | -3.08M | -2.58M | -1.77M | -2.27M |
| Net Income | -4.57M | -4.57M | -2.05M | -1.73M | -2.11M | -4.89M |
Balance Sheet | ||||||
| Total Assets | 81.55M | 81.55M | 57.02M | 51.34M | 50.35M | 47.28M |
| Cash, Cash Equivalents and Short-Term Investments | 18.82M | 18.82M | 1.88M | 84.66K | 2.82M | 7.82M |
| Total Debt | 18.63K | 18.63K | 51.63K | 80.37K | 105.03K | 126.11K |
| Total Liabilities | 6.37M | 6.37M | 4.57M | 4.91M | 5.65M | 5.75M |
| Stockholders Equity | 75.18M | 75.18M | 52.44M | 46.43M | 44.70M | 41.53M |
Cash Flow | ||||||
| Free Cash Flow | -684.33K | -2.66M | -1.95M | -859.24K | -874.71K | -1.60M |
| Operating Cash Flow | -2.35M | -2.36M | -1.93M | -849.75K | -871.36K | -1.56M |
| Investing Cash Flow | -7.09M | -7.09M | -3.56M | -2.03M | -8.25M | -7.84M |
| Financing Cash Flow | 26.38M | 26.39M | 7.29M | 144.25K | 4.12M | 13.95M |
Surge Copper Corp Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SURG, the sentiment is Negative. The current price of 0.43 is below the 20-day moving average (MA) of 0.47, below the 50-day MA of 0.55, and below the 200-day MA of 0.60, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 39.28 is Neutral, neither overbought nor oversold. The STOCH value of 53.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SURG.
Surge Copper Corp Peers Comparison
Overall Rating
TSE:NILI45Neutral- TSE:SURG42Neutral
TSE:ELBM41Neutral
TSE:FPX40Underperform
TSE:FPC39Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TSE:NILI | 45Neutral | CAD 194.19M | -10.37 | -32.59% | ― | ― | -14.48% |
| TSE:SURG | 42Neutral | CAD 167.49M | -27.39 | -7.57% | ― | ― | -106.58% |
| TSE:ELBM | 41Neutral | CAD 60.96M | -0.41 | -118.80% | ― | ― | 21.84% |
| TSE:FPX | 40Underperform | CAD 85.27M | -12.73 | -10.05% | ― | ― | -95.41% |
| TSE:FPC | 39Underperform | CAD 145.66M | -26.62 | -8.44% | ― | ― | -86.75% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:SURG | Surge Copper Corp. | 0.43 | 0.20 | 91.11% | |
| TSE:NILI | Surge Exploration Inc. | 0.59 | 0.14 | 32.58% | |
| TSE:ELBM | Electra Battery Materials Corp | 0.57 | -0.85 | -59.86% | |
| TSE:FPC | Falco Resources | 0.41 | 0.07 | 22.39% | |
| TSE:FPX | Fpx Nickel Corp. | 0.27 | -0.18 | -40.00% |
Surge Copper Corp Corporate Events
Surge Copper Completes AGM, Refreshes Board and Grants Deferred Share Units
PositiveSurge Copper Corp. reported that shareholders approved all resolutions at its 2026 Annual General Meeting held on September 29 in Vancouver. The meeting confirmed an expanded board of directors, including three newly elected members, as part of an on...
Surge Copper enters formal environmental review for Berg project in B.C.
PositiveSurge Copper has had its Initial Project Description for the Berg Copper Project accepted by both the B.C. Environmental Assessment Office and the Impact Assessment Agency of Canada, formally launching provincial Early Engagement and federal Planning...
Surge Copper Advances Berg Project Field Work and Environmental Assessment Plans
PositiveSurge Copper Corp. reports that its 2026 field program at the Berg Copper Project in central British Columbia is progressing largely as planned, with extensive technical and environmental work underway. Activities include geotechnical drilling, hydro...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 15, 2026