The company has issued more shares over this period, which dilutes each existing shareholder’s stake.
Diluted shares outstanding: 279.4M (2021) → 4.10B (2025)
Corcel Plc concentrates on the exploration and development of natural resources, with a specific focus on battery metals. The company maintains a 41% ownership in Papua New Guinea's Mambare nickel-cobalt project, which encompasses 256 square kilometers under license EL1390 near Kokoda, and holds full ownership of the WoWo Gap nickel-cobalt project, also located in Papua New Guinea. Additionally, Corcel has a 50% interest in the Dempster vanadium project in Yukon, which consists of 196 mineral claims spanning 40.96 square kilometers. Beyond its mining operations, the firm is involved in energy storage, providing grid backup services, and engaging in energy trading activities, alongside developing solar and energy storage initiatives within the United Kingdom. Founded in 2004, the London, UK-headquartered company transitioned from Regency Mines Plc to Corcel Plc in August 2020.
When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.
Revenue data limited
+100.0% YoY
YoY Growth Rate
EPS growth accelerating
£20,000/ year
Research and development spending
~6 months
£5M cash & investments
Quarterly Free Cash Flow
↓ Burn rate worsening
Short runway — potential dilution ahead through share issuance
Corcel has less than a year of cash at its current burn rate. Growth investors should watch for potential share dilution from future fundraising — that directly reduces your ownership.
The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.
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Negative ROIC means the business is losing money on every dollar invested in it.
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See every metric, trend, and what it means for this stock.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
