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  5. PCU: An upgrade from Globe investor for this small cap miner! [Pecoy Copper Corp.]
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Q: An upgrade from Globe investor for this small cap miner! Would love your excellent analysis and thoughts please?
Thanx as usual
Gary
Asked by Gary on April 27, 2026
5i Research Answer:

The stock has done well since its financing last year, and is up 35% YTD. It does not have a long public history. Insiders own 13% and have been recent buyers. It is a developer and thus has no revenue, losses and negative cash flow. Pecoy Copper explores and develops mineral deposits, focused on copper‑gold‑molybdenum projects, with a flagship Pecoy project in southern Peru and the Tororume project nearby. The company has published a NI 43‑101 mineral‑resource estimate for the Pecoy porphyry project in Peru, but there is no public, formal Pre‑Feasibility Study (PFS) or Definitive Feasibility Study (DFS) yet. Thus, its future will depend on drilling and financing. It has some good qualities and is in a good jurisdiction. But it should be considered highly speculative.