When Will Nevada Copper Corp. (TSE:NCU) Turn A Profit?

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With the business potentially at an important milestone, we thought we’d take a closer look at Nevada Copper Corp.’s (TSE:NCU) future prospects. Nevada Copper Corp. engages in the exploration, development, and operation of mineral properties in Nevada. The CA$122m market-cap company posted a loss in its most recent financial year of US$358m and a latest trailing-twelve-month loss of US$79m shrinking the gap between loss and breakeven. As path to profitability is the topic on Nevada Copper’s investors mind, we’ve decided to gauge market sentiment. We’ve put together a brief outline of industry analyst expectations for the company, its year of breakeven and its implied growth rate.

View our latest analysis for Nevada Copper

According to the 2 industry analysts covering Nevada Copper, the consensus is that breakeven is near. They anticipate the company to incur a final loss in 2024, before generating positive profits of…

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