Copper Lake Resources (TSXV:CPL) Piotroski F-Score: 4 (As of Jun. 26, 2026) — 33% Above Median


TSXV:CPL Copper Lake Resources Ltd TSXV:CPL
33 GF Score
Price C$0.35
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What is Copper Lake Resources Piotroski F-Score?

Copper Lake Resources TSXV:CPL +4.48% 33 Piotroski F-Score is 4 as of Jun. 26, 2026, which is 33% above its 10-year median of 3.00. GuruFocus rates TSXV:CPL with a GF Score™ of 33/100. Among 2,512 Metals & Mining companies, Copper Lake Resources ranks better than 78.22% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Copper Lake Resources has an F-score of 4 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Copper Lake Resources's Piotroski F-Score or its related term are showing as below:

TSXV:CPL' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 3   Max: 4
Current: 4

During the past 13 years, the highest Piotroski F-Score of Copper Lake Resources was 4. The lowest was 1. And the median was 3.

Copper Lake Resources  (TSXV:CPL) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Copper Lake Resources Piotroski F-Score Related Terms


Copper Lake Resources Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Copper Lake Resources's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Copper Lake Resources Piotroski F-Score Chart

Copper Lake Resources Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 3.00 3.00 3.00 4.00

Copper Lake Resources Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.00 4.00 3.00 4.00 4.00

Copper Lake Resources Piotroski F-Score Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Copper Lake Resources's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Copper Lake Resources Piotroski F-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Copper Lake Resources's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Copper Lake Resources's Piotroski F-Score falls into.


TSXV:CPL
33GF Score
Copper Lake Resources Ltd TSXV:CPL
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Jan26) TTM:Last Year (Jan25) TTM:
Net Income was -0.096 + -0.091 + -0.124 + -0.08 = C$-0.39 Mil.
Cash Flow from Operations was -0.043 + -0.043 + -0.005 + -0.038 = C$-0.13 Mil.
Revenue was 0 + 0 + 0 + 0 = C$0.00 Mil.
Gross Profit was 0 + 0 + 0 + 0 = C$0.00 Mil.
Average Total Assets from the begining of this year (Jan25)
to the end of this year (Jan26) was
(2.577 + 2.576 + 2.578 + 2.565 + 2.562) / 5 = C$2.5716 Mil.
Total Assets at the begining of this year (Jan25) was C$2.58 Mil.
Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.
Total Current Assets was C$0.01 Mil.
Total Current Liabilities was C$1.91 Mil.
Net Income was -0.781 + -0.172 + -0.391 + -0.078 = C$-1.42 Mil.

Revenue was 0 + 0 + 0 + 0 = C$0.00 Mil.
Gross Profit was 0 + 0 + 0 + 0 = C$0.00 Mil.
Average Total Assets from the begining of last year (Jan24)
to the end of last year (Jan25) was
(3.107 + 2.764 + 2.617 + 2.604 + 2.577) / 5 = C$2.7338 Mil.
Total Assets at the begining of last year (Jan24) was C$3.11 Mil.
Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.
Total Current Assets was C$0.03 Mil.
Total Current Liabilities was C$1.54 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Copper Lake Resources's current Net Income (TTM) was -0.39. ==> Negative ==> Score 0.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Copper Lake Resources's current Cash Flow from Operations (TTM) was -0.13. ==> Negative ==> Score 0.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Jan25)
=-0.391/2.577
=-0.15172681

ROA (Last Year)=Net Income/Total Assets (Jan24)
=-1.422/3.107
=-0.45767621

Copper Lake Resources's return on assets of this year was -0.15172681. Copper Lake Resources's return on assets of last year was -0.45767621. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Copper Lake Resources's current Net Income (TTM) was -0.39. Copper Lake Resources's current Cash Flow from Operations (TTM) was -0.13. ==> -0.13 > -0.39 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Jan26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jan25 to Jan26
=0/2.5716
=0

Gearing (Last Year: Jan25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jan24 to Jan25
=0/2.7338
=0

Copper Lake Resources's gearing of this year was 0. Copper Lake Resources's gearing of last year was 0. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Jan26)=Total Current Assets/Total Current Liabilities
=0.013/1.911
=0.00680272

Current Ratio (Last Year: Jan25)=Total Current Assets/Total Current Liabilities
=0.029/1.54
=0.01883117

Copper Lake Resources's current ratio of this year was 0.00680272. Copper Lake Resources's current ratio of last year was 0.01883117. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Copper Lake Resources's number of shares in issue this year was 13.525. Copper Lake Resources's number of shares in issue last year was 13.525. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=0/0
=

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0/0
=

Copper Lake Resources's gross margin of this year was . Copper Lake Resources's gross margin of last year was . ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Jan25)
=0/2.577
=0

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jan24)
=0/3.107
=0

Copper Lake Resources's asset turnover of this year was 0. Copper Lake Resources's asset turnover of last year was 0. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+0+1+1+1+0+1+0+0
=4

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Copper Lake Resources has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 4 mean?
Copper Lake Resources (TSXV:CPL) has a Piotroski F-Score of 4 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Copper Lake Resources and its competitors. This is 33% above median its historical median of 3.00. Over the past decade, Copper Lake Resources' Piotroski F-Score has ranged from 1.00 to 4.00. According to the industry distribution chart, Copper Lake Resources ranks #547 out of 2512 companies in the Metals & Mining industry, placing it in the top 21.8%.
Is Copper Lake Resources' Piotroski F-Score too high?
Copper Lake Resources' current Piotroski F-Score of 4 is 33% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 4.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Copper Lake Resources' value of 4 is 33.3% above this industry median. Based on the distribution chart, Copper Lake Resources ranks #547 out of 2512 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Copper Lake Resources has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Copper Lake Resources' Piotroski F-Score compare to competitors?
According to the Metals & Mining industry distribution chart, Copper Lake Resources ranks #547 out of 2512 companies for Piotroski F-Score. This places Copper Lake Resources in the top 22% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. Copper Lake Resources' value of 4 is 33.3% above this benchmark. Historically, Copper Lake Resources' own Piotroski F-Score has ranged from 1.00 to 4.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 3.00, Copper Lake Resources has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Metals & Mining company?
The median Piotroski F-Score among Metals & Mining companies is 3.00, based on 2,512 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Copper Lake Resources's current Piotroski F-Score of 4 is 33.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Copper Lake Resources and its competitors. For the Metals & Mining industry, the median Piotroski F-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Copper Lake Resources's current Piotroski F-Score is 4, which is 33% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Copper Lake Resources stock overvalued right now?
Copper Lake Resources (TSXV:CPL) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 33% above median its 10-year median of 3.00 and 33.3% above the Metals & Mining industry median of 3.00. Copper Lake Resources' overall GF Score™ is 33/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Copper Lake Resources (TSXV:CPL), the current Piotroski F-Score is 4 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Copper Lake Resources Business Description

Other Exchanges WTCZF:USAW0I0:Germany
Address 1 King Street West, Suite 4800 - 233, Toronto, ON, CAN, M5H 1A1
Copper Lake Resources Ltd is an exploration company based in Canada. It is principally engaged in the business of exploration and development of mineral resource properties. It holds an interest in Norton Lake property, Marshall Lake property which is located close to the Trans Canada Highway, . The company operates its business through a single segment of Mineral exploration in Canada.
33GF Score

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Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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