Azucar Minerals (AMZ) AI Stock Analysis

• Market Cap: C$5.54M
• Dividend Yield: N/A
• Average Volume (3M): 66.96K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.51
• Revenue Growth: N/A
• EPS Growth: 98.11%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): >-0.01
• Shares Outstanding: 73,829,025
• 10 Day Avg. Volume: 51,649
• 30 Day Avg. Volume: 66,958
• PEG Ratio: -0.04
• Price to Book (P/B): 1.07
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -8.06
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: C$0.08 ▲(60.00% Upside)

The score is held down primarily by weak financial performance (no revenue, ongoing losses, and persistent cash burn). Technicals provide some support due to strength versus moving averages and a positive MACD, but overbought readings increase short-term risk. Valuation is difficult to justify on earnings given a negative P/E and no dividend yield.

Positive Factors

Debt-Free Balance Sheet

The company's zero-debt position removes near-term refinancing and interest-cost pressure, preserving liquidity runway and strategic optionality for exploration or restructuring. Over 2-6 months, this conservatism materially lowers insolvency risk despite operating losses.

Narrowing Net Loss

TTM net loss being materially smaller than the 2023 loss suggests progress on cost control or beneficial non-operating items. If sustained, narrowing losses lengthen the cash runway, improve capital-raising optionality, and support a transition toward breakeven over coming quarters.

Improving Free Cash Flow

Positive growth in free cash flow versus the prior year signals the company may be stabilizing cash burn or generating incremental operational efficiencies. Continued FCF improvement would reduce reliance on external funding and lower dilution risk over a multi-month horizon.

Negative Factors

No Revenue

Absence of operating revenue means the business lacks commercial traction and cannot self-fund operations. Over 2-6 months this forces dependence on financing or asset monetization, increasing execution risk and uncertainty about the timetable to generate sustainable cash flow.

Persistent Cash Burn

Consistently negative operating and free cash flow indicate core activities consume cash, undermining reported earnings quality and forcing continual financing. This persistent burn raises dilution risk and constrains the ability to invest in projects or respond to adverse developments.

Shrinking Equity & Volatile ROE

A materially reduced equity base and highly variable, often negative ROE point to past write-downs, dilution, or recurring losses. These structural trends erode shareholder value and limit flexibility for M&A or capital raises without significant dilution over the medium term.

Azucar Minerals Business Overview & Revenue Model

Company Description

Azucar Minerals Ltd. acquires, explores for, and develops mineral properties Canada, the United States, and Mexico. The company explores for gold, silver, and copper deposits. It holds a 100% interest in the El Cobre property that includes 9 mineral concessions, covering a combined area of 11,864.4 hectares located in Mexico. The company was formerly known as Almadex Minerals Limited and changed its name to Azucar Minerals Ltd. in May 2018. Azucar Minerals Ltd. was incorporated in 2015 and is based in Vancouver, Canada.

How the Company Makes Money

Azucar Minerals generates revenue through the exploration and development of mineral properties, primarily targeting gold and copper deposits. The company's key revenue streams include the sale of mineral rights, joint ventures with other mining companies, and potential production from discovered mineral resources. Azucar Minerals may also enter into strategic partnerships or agreements with larger mining companies to further develop their findings, which can lead to additional revenue through royalties or structured deals. The company's earnings are significantly influenced by the success of its exploration activities, global commodity prices, and its ability to efficiently manage exploration and development costs.

Azucar Minerals Financial Statement Overview

Summary

Overall fundamentals are weak: no revenue, negative EBIT/EBITDA and net losses in TTM, and consistently negative operating/free cash flow. The main offsetting positive is a debt-free balance sheet, which reduces near-term financial risk despite a shrinking equity base and volatile returns.

Income Statement

The company reports no revenue across the periods provided, which limits visibility into operating traction. Profitability is weak in TTM (Trailing-Twelve-Months) with negative EBIT/EBITDA and a net loss, although the loss is far smaller than the very large loss reported in 2023. 2024 shows positive net income despite negative operating profit, suggesting earnings were likely driven by non-operating items rather than core business performance.

Balance Sheet

The balance sheet is conservatively positioned with zero debt in all periods shown, reducing financial risk and refinancing pressure. However, equity has fallen meaningfully versus 2020–2022 levels, and returns on equity are volatile (including deeply negative in 2023 and negative again in TTM), indicating unstable value creation and potential dilution/asset write-down risk over time.

Cash Flow

Cash generation is consistently weak, with negative operating cash flow and negative free cash flow across all periods shown, including TTM (Trailing-Twelve-Months). While free cash flow improved versus 2024 (positive growth in TTM), the business still consumes cash, and operating cash flow does not support reported earnings quality (e.g., 2024 positive net income alongside negative operating cash flow).

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-3.63K	-10.24K	-14.91K	-17.89K	-21.70K	-20.05K
EBITDA	-950.58K	508.43K	-478.00K	-414.00K	-957.30K	-1.29M
Net Income	-419.11K	498.19K	-23.15M	-432.00K	-979.00K	-1.35M
Balance Sheet
Total Assets	1.45M	1.80M	1.26M	24.35M	24.66M	25.82M
Cash, Cash Equivalents and Short-Term Investments	1.41M	1.74M	1.13M	1.19M	2.12M	4.42M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	56.57K	73.04K	45.07K	190.34K	145.97K	598.39K
Stockholders Equity	1.39M	1.72M	1.22M	24.16M	24.52M	25.22M
Cash Flow
Free Cash Flow	-564.54K	-229.11K	-209.73K	-922.27K	-2.31M	-3.10M
Operating Cash Flow	-541.25K	-229.11K	-209.73K	-266.57K	-702.87K	-1.25M
Investing Cash Flow	195.94K	841.04K	142.88K	-655.70K	-1.61M	-1.86M
Financing Cash Flow	0.00	0.00	0.00	0.00	0.00	0.00

Azucar Minerals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.05
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:AMZ, the sentiment is Positive. The current price of 0.05 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.06, and below the 200-day MA of 0.06, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 59.43 is Neutral, neither overbought nor oversold. The STOCH value of 52.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:AMZ.

Azucar Minerals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
ETF	52 Neutral	C$4.00M	-8.23	-29.79%	―	―	-47.06%
CMIL	50 Neutral	C$5.62M	-4.35	-1035.65%	―	―	79.40%
AMZ	49 Neutral	C$5.54M	-13.16	-25.74%	―	―	98.11%
MTX	48 Neutral	C$4.15M	4.41	16.43%	―	―	―
CRC	48 Neutral	C$6.71M	-3.91	-5.67%	―	―	64.95%
MLKM	39 Underperform	C$5.05M	―	-14.12%	―	―	―