# Marimaca Copper Corp. (MARI.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Basic Materials / Metals & Mining. Price C$8.02, market value C$1.1 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Marimaca Copper Corp. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / book: 3.0×**. The shares trade at 3.0× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: -4.9%** (5-yr avg -5.1%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Return on equity: -15.2%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -24.5%**. Return on all capital, debt included, is -24.5%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -14.7%**. Each dollar of assets produces -14.7% of profit.

## Growth
- **EPS growth (1 yr): -78.6%**. Earnings per share fell 78.6%.

## Financial health
- **Debt to equity: 0.01**. Debt is 0.01 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 2.3×**. It would take 2.3 years of operating earnings to repay net borrowings, within the comfortable range.
- **Current ratio: 14.03** (quick 14.03). Current assets cover the next year's liabilities 14.03 times.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. Marimaca Copper Corp. does not currently pay a dividend, but it returned -18.4% of its market value through buybacks over the last year.

## Price and momentum
- **Total return (1 yr): -20.7%** (YTD -27.9%, 3-mo 13.6%). The shares are down 20.7% over twelve months including dividends.
- **From 52-week high: -40.5%** (19.3% above the low). Trading 41% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 49**. An RSI of 49 is neutral.
- **Beta (1 yr): 1.61** (volatility 47%). Beta of 1.61 against the S&P/TSX Composite: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=MARI.TO · Page: https://foliofundamentals.com/stocks/mari.to

Not investment advice.