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Surge Copper Corp
(SURG)
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Rating:50Neutral
Price Target:
C$0.68
▲(0.00% Upside)
Action:Reiterated
Date:08/27/26
The score is primarily weighed down by weak financial performance (no revenue, widening losses, and negative operating cash flow), partially offset by a low-debt balance sheet. Technicals are supportive with the price above key moving averages and positive MACD, but near-overbought RSI/Stoch readings reduce confidence. Valuation is constrained by a negative P/E and no dividend yield data.
Positive Factors
Very Low Leverage
Minimal debt limits refinancing and interest-burden risk, giving Surge Copper greater financial flexibility while it advances exploration assets. This balance-sheet strength provides resilience even though the company is not yet generating revenue.
Negative Factors
Pre-Revenue Business Model
With no reported revenue, Surge Copper lacks operating income to fund exploration and development. Progress therefore depends on external capital, asset transactions, or eventual project production, leaving limited visibility on when a self-sustaining business model may emerge.
Read all positive and negative factors
Positive Factors
Negative Factors
Very Low Leverage
Minimal debt limits refinancing and interest-burden risk, giving Surge Copper greater financial flexibility while it advances exploration assets. This balance-sheet strength provides resilience even though the company is not yet generating revenue.
Read all positive factors
Surge Copper Corp (SURG) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$248.98M
Dividend YieldN/A
Average Volume (3M)901.12K
Price to Earnings (P/E)―
Beta (1Y)2.62
Revenue GrowthN/A
EPS Growth-106.58%
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.02
Shares Outstanding389,029,400
10 Day Avg. Volume668,031
30 Day Avg. Volume901,119
Financial Highlights & Ratios
PEG Ratio-0.48
Price to Book (P/B)2.61
Price to Sales (P/S)0.00
P/FCF Ratio-73.78
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$2.25Price Target Upside230.88% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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...
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
Income Statement
12
Very Negative
Balance Sheet
66
Positive
Cash Flow
24
Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -31.52K | -32.94K | -36.06K | -39.33K | -48.79K |
| EBITDA | -4.14M | -3.10M | -2.58M | -1.77M | -2.27M |
| Net Income | -4.57M | -2.05M | -1.73M | -2.11M | -4.89M |
Balance Sheet | |||||
| Total Assets | 81.55M | 57.02M | 51.34M | 50.35M | 47.28M |
| Cash, Cash Equivalents and Short-Term Investments | 18.82M | 1.88M | 84.66K | 2.82M | 7.82M |
| Total Debt | 18.63K | 51.63K | 80.37K | 105.03K | 126.11K |
| Total Liabilities | 6.37M | 4.57M | 4.91M | 5.65M | 5.75M |
| Stockholders Equity | 75.18M | 52.44M | 46.43M | 44.70M | 41.53M |
Cash Flow | |||||
| Free Cash Flow | -2.66M | -1.95M | -859.24K | -874.71K | -1.60M |
| Operating Cash Flow | -2.36M | -1.93M | -849.75K | -871.36K | -1.56M |
| Investing Cash Flow | -7.09M | -3.56M | -2.03M | -8.25M | -7.84M |
| Financing Cash Flow | 26.39M | 7.29M | 144.25K | 4.12M | 13.95M |
Surge Copper Corp Technical Analysis
Neutral
0.68
Price Trends
0.57
Positive
0.63
Negative
0.59
Positive
Market Momentum
0.02
Positive
50.32
Neutral
32.58
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SURG, the sentiment is Neutral. The current price of 0.68 is above the 20-day moving average (MA) of 0.65, above the 50-day MA of 0.57, and above the 200-day MA of 0.59, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 50.32 is Neutral, neither overbought nor oversold. The STOCH value of 32.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:SURG.
Surge Copper Corp Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
51 Neutral | C$304.54M | -15.82 | -32.59% | ― | ― | -14.48% | |
50 Neutral | C$248.98M | -40.13 | -7.57% | ― | ― | -106.58% | |
46 Neutral | C$213.45M | -61.54 | -4.75% | ― | ― | -1940.00% | |
45 Neutral | C$82.24M | -0.52 | -118.80% | ― | ― | 21.84% | |
44 Neutral | C$105.80M | -15.33 | -10.05% | ― | ― | -95.41% |
* General Sector Average
TSE:SURG
Surge Copper Corp
0.63
0.46
260.00%
TSE:NILI
Surge Exploration Inc
0.90
0.61
210.34%
TSE:ELBM
Electra Battery Materials Corp
0.72
-0.51
-41.46%
TSE:FPC
Falco Resources
0.56
0.29
103.64%
TSE:FPX
FPX Nickel
0.33
0.06
22.64%
Surge Copper Corp Corporate Events
Business Operations and StrategyExecutive/Board Changes
Surge Copper Advances Berg Project Field Work and Environmental Assessment Plans
Positive
Aug 24, 2026
Surge 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, hy...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.