CORO MINING (COP) Stocks
ABOUT CORO MINING
Coro Mining Corporation is a copper exploration company that focusses on exploring and developing new copper sources to cater for an increasing global demand. The company’s vision is to create superior value for stakeholders, especially shareholders who purchase company shares.
Coro Mining Corporation was founded in 2004. Although it is headquartered in Canada, it operates primarily in Chile.
Its primary asset is the Marimaca Concessions. The latter is one of the most significant copper discoveries in Chile in recent years. Its deposit challenges accepted exploration expertise, and may break new frontiers for discoveries elsewhere.
Marimaca is hosted by intrusive rocks, whilst the many manto deposits in the region are hosted by volcanics. Marimaca’s location close to Antofagasta and the Mejillones, makes it a high-profile development project.
Coro Mining Corporation has a host of subsidiaries, such as SCM Berta S.A., Minera San Jorge S.A., Sea to Sky Holdings Ltd and Macair Investment Ltd., to name but a few.
OVERVIEW OF CORO MINING
Today, Coro Mining Corporation uses its extensive exploration and operational expertise to develop low-cost, low-capital intensity, leachable copper operations in areas of infrastructure in Chile.
Coro Mining Corporation’s asset portfolio includes: The Marimaca Concessions, and newly acquired Ivan Solvent Extraction & Electro-winning (SXEW) plant; the La Atomica and Sierra Miranda claims near its Marimaca Concessions; Minera Rayrock in Chile; Sociedad Contractual Minera Berta (SCMB); the Nora SXEW plant, and El Jote option agreement.
Its SXEW plant enables the company to accelerate its Marimaca production timeline, whilst Minera Rayrock increased the company’s land position in Chile. SCMB includes the Berta Mine & Facilities.
OVERVIEW OF CORO MINING
Coro Mining Corporation is fully committed to creating value for all its stakeholders by unlocking the full potential of it Marimaca project. It utilizes sound and ethical business practices, and puts a high premium on safety.
The company adheres to all industry regulations. It operates with integrity and accountability, and treats all people with the same amount of respect.
MARKET PERFORMANCE OF CORO MINING
Coro Mining Corporation is listed on the Toronto Stock Exchange (TSE) and trades under the stock symbol COP.
- For fiscal 2018, the company recorded total shareholders’ equity of US Dollar 32.997 million and cash & cash equivalents of US Dollar 14.496. Coro Mining Corporation’s total assets were valued at US Dollar 67.700 million.
Buy CORO MINING stocks / shares – A Step by Step Guide how to Buy / Purchase CORO MINING Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy CORO MINING Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN CORO MINING STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE CORO MINING STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of CORO MINING stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy CORO MINING stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?