JUNIORMETRICS
Gold$4,479.95/oz
Silver$66.98/oz
Copper$6.00/lb

Highland Copper Company Inc.

HDRSF·HI·$0.13·$68.1M cap
Copperalso:Copperwood Project, Michigan Map

Highland Copper's 100%-owned Copperwood Project in Michigan holds reserves of 820M lb copper alongside a real secondary silver credit (3.2M oz silver). A 2023 Feasibility Study is complete and has since been updated; the company is now in detailed engineering/construction-readiness work, with no formal construction decision made yet. Debt-free following the March 2, 2026 White Pine divestment, which eliminated the prior Kinterra loan facility. Note: at ~US$65-68M, market cap sits toward the low end of a typical junior-developer range -- small-cap.

Notable vs. Peers

  • Financials score of 10/10 is stronger than the peer average of 6.2/10.

Lifecycle Milestones

Grassroots
Resource Def.
PEA
PFS
FeasibilityCurrent
Permitting
Construction
Production
10/10
Weak track recordStrong track record
10/10
Thin runwayWell-capitalized
9/10
High riskLow risk
How this is calculated
6.9/10
Weaker depositStronger deposit
9/10
Weaker profileStronger profile
Price Chart
$0.09$0.093$0.133$0.111$0.13AugNovMarJunSep
Aug 12, 2025Sep 4, 2026
News
$0.13
+79.5%from low-22%from high
$0.07$0.17
See who ↓
1%
Low alignmentHigh alignment
See who ↓
12%
Low alignmentHigh alignment
$68.1M
Far belowFar above
$41.1M median
Price (USD - Local)
$0.13 - CAD 0.18
Cash Position (USD)
$20.8M
Far belowFar above
$9.2M median
Debt (USD)
$0
Far aboveFar below
$0 median
$47.4M
Far belowFar above
$34.7M median
738.2M
Far aboveFar below
169M median
Jurisdiction
United States
This company's data hasn't been researched yet
This company's data hasn't been researched yet
Cut-off: Copperwood: Resources 0.9% Cu / Reserves 1.0% Cu; White Pine North: 0.90% Cu (uniform, PEA-stage, no reserves yet)
This company's data hasn't been researched yet
Underground
10.3 yrs
Far belowFar above
15 yrs median
@8%$168M(at $4.02/lb)
Far belowFar above
$930M median
0.41x
Far aboveFar below
0.36x median
This company's data hasn't been researched yet
Not enough peer data yet
$4.02/lb33% below reference ($6.00/lb)
18%Below Durrett's 25% developer bar
Far belowFar above
26% median
1%
0%100%
14.8% median
12%
0%100%
2.4% median
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
Acquisition Susceptibility
9.4/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.

Overall Score Trend
-5.3% since 2026-07-31 · -5.3% from peak

Your Rankings

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Management Team

Chief Executive Officer and Director of Highland Copper Company Inc. Joined Highland in February 2022 as CFO, was appointed Interim CEO in October 2023, and confirmed as CEO in 2024. Chartered Professional Accountant with an Honours Business Administration degree from the Ivey Business School; 20+ years of finance experience. Prior to Highland, was CFO of Fiore Gold Ltd. (restarted the Pan Mine, Nevada; later acquired by Calibre Mining Corp). Spent eight years with New Gold Inc., first as VP Finance (operational analytics, financial planning and capital project controls for new mine construction) and then as VP Business Development (corporate development, investor relations and strategic capital allocation).

Interim Chief Financial Officer of Highland Copper Company Inc., appointed April 2026 to temporarily cover CFO Cybill Tsung's personal leave. Mining executive whose early career was on Capstone Copper Corp.'s founding executive team, which developed and advanced Capstone into an intermediate copper producer. Later CFO, then President and CEO, of Bluestone Resources, where he led its 2025 sale to Aura Minerals Inc. Also CFO of LunR Royalties Corp., assisting its spin-out from Nexgen and TSXV listing. Currently serves on the boards of Fireweed Metals and Sanu Gold Corp.; previously a board member and Audit Committee Chair of Fiore Gold.

Copperwood Project Director of Highland Copper Company Inc., appointed April 2026. Qualified geologist, mining and geotechnical engineer with significant experience in Michigan's Upper Peninsula, including as a key contributor to the development of the Upper Peninsula's Eagle Mine (underground feasibility, detailed engineering and procurement). Most recently General Manager Execution of Rio Tinto's Resolution Copper project, leading mining and operational trade-offs, capital and operating cost reviews and evaluation of engineering partnership structures. Prior experience at Freeport-McMoRan, South32 and Hatch. Also a board member of IGO Limited and Seabridge Gold.

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money
8/10

Two credible mining-finance names anchor Highland Copper's register: Orion Mine Finance, a specialist mining-focused fund, holds roughly 28%, and royalty major Osisko Gold Royalties holds about 6%. Three insiders also bought shares on the open market through the first half of 2025 with no offsetting selling found.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

We haven't parsed this company's PEA/PFS/FS recommendations yet — cut-off grade, mine life, DCF/NPV, and the report's own next-steps guidance are a planned research pass, not live data for every company yet.