Arizona Silver Exploration (AZS) AI Stock Analysis

• Market Cap: C$102.85M
• Dividend Yield: N/A
• Average Volume (3M): 101.69K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.05
• Revenue Growth: N/A
• EPS Growth: 68.41%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Silver
• EPS (TTM): N/A
• Shares Outstanding: 108,259,360
• 10 Day Avg. Volume: 88,258
• 30 Day Avg. Volume: 101,686
• PEG Ratio: 0.34
• Price to Book (P/B): 2.34
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -67.00
• 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: 50 Neutral
• Price Target: C$0.95 ▲(6.74% Upside)

Overall score is held back primarily by weak financial performance (no revenue, ongoing losses, and negative cash flow implying continued funding needs), partially offset by a low-debt balance sheet and improved equity base. Technically, the trend is strong with price above major moving averages, but extremely overbought momentum indicators increase near-term pullback risk. Valuation is constrained by negative earnings and no stated dividend yield.

Positive Factors

Low Leverage / Strong Balance Sheet

Very low debt reduces financial risk and preserves strategic flexibility for an exploration miner. With minimal interest burden the company can allocate capital to drilling and permit work without imminent refinancing pressure, supporting medium-term project progression.

Improved Equity Base

A materially larger equity base strengthens the company’s capital runway and buffers exploration outlays. This reduces near-term pressure to raise dilutive capital and gives management more time to advance prospects or secure JV partners, a durable benefit over several quarters.

Narrowing Net Loss Trend

A meaningful reduction in annual net loss indicates improving cost controls or lower exploration expense intensity. If sustained, this trend reduces burn rate and extends runway, improving the company’s ability to persist through exploration cycles without immediate recapitalization.

Negative Factors

No Operating Revenue

As an exploration-stage issuer with no operating revenue, intrinsic valuation and self-sustaining cash generation are absent. Long-term value depends on successful mineral discoveries and subsequent development or lucrative JV/asset sales, increasing binary project risk.

Persistent Negative Cash Flow

Ongoing negative operating and free cash flow implies recurring external funding needs. Persistent cash burn limits the firm’s ability to scale exploration, forces dependency on capital markets, and raises dilution risk if financing terms weaken over the medium term.

Reliance on External Financing

The business model currently depends on periodic equity or other financing to fund operations. That structural dependency exposes shareholders to dilution and funding risk, and the company’s progress hinges on market access or third-party partnerships to advance projects long term.

Arizona Silver Exploration Business Overview & Revenue Model

Company Description

Arizona Gold & Silver, Inc. is an exploration company, which engages in the provision of Philadelphia, Silverton Gold, Ramsey Silver, and Sycamore Canyon Property. The company was founded on May 12, 2011 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Arizona Silver Exploration Inc. generates revenue primarily through the exploration and potential development of mineral properties. The company finances its exploration activities through capital raised from investors, either via public offerings or private placements. Revenue potential arises when exploration activities lead to the discovery of economically viable mineral deposits, which can then be sold, joint-ventured, or developed into producing mines. Additionally, the company may enter into strategic partnerships or joint ventures with larger mining companies to help fund and advance its projects, sharing the potential profits from successful discoveries. However, as an exploration-stage company, its immediate revenue sources are typically limited to investment inflows, with future profitability contingent upon successful exploration and development outcomes.

Arizona Silver Exploration Financial Statement Overview

Summary

Exploration-stage with no revenue and persistent net losses, indicating weak operating fundamentals. Balance sheet leverage is very low and equity increased materially in the latest year, but operating/free cash flow remains negative and implies ongoing funding needs.

Income Statement

The company reports no revenue across the annual periods provided, reflecting an exploration-stage profile rather than an operating business. Losses are persistent and sizable (net loss of about $1.3M in 2025 vs. about $3.3M in 2024), with profitability and margin figures effectively unsupported by revenue. While the net loss narrowed materially in the most recent year, the earnings profile remains structurally negative and highly dependent on external financing rather than operating performance.

Balance Sheet

Leverage is very low (debt-to-equity around 0.02 in 2025), which is a key positive and suggests limited balance-sheet financial risk from borrowing. Equity and assets increased meaningfully in 2025 (equity to ~$13.0M from ~$6.7M in 2024), improving the capital base. The main weakness is that returns on equity are consistently negative due to ongoing losses, indicating the asset base is not yet generating economic returns.

Cash Flow

Cash generation is consistently negative, with operating cash flow around -$454K in 2025 and negative free cash flow in every year shown. Free cash flow volatility is notable (a sharp deterioration in 2025 versus 2024), and cash burn remains a recurring feature of the model. A relative positive is that cash burn is not extreme compared with the reported net loss in 2025 (free cash flow roughly in line with net loss), but the overall cash profile still implies ongoing funding needs.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-12.35K	-12.35K	0.00	0.00	0.00	0.00
EBITDA	-1.29M	-1.29M	-635.86K	-50.52K	-575.84K	-437.69K
Net Income	-1.31M	-1.31M	-3.31M	-1.61M	-591.86K	-459.19K
Balance Sheet
Total Assets	13.35M	13.35M	6.86M	8.34M	7.06M	5.98M
Cash, Cash Equivalents and Short-Term Investments	3.15M	3.15M	54.46K	43.34K	223.84K	591.85K
Total Debt	209.00K	209.00K	0.00	101.36K	0.00	0.00
Total Liabilities	355.35K	355.35K	148.79K	187.19K	46.82K	129.77K
Stockholders Equity	12.99M	12.99M	6.72M	8.17M	7.02M	5.85M
Cash Flow
Free Cash Flow	-1.89M	-453.99K	-1.51M	-1.98M	-1.96M	-2.13M
Operating Cash Flow	-453.99K	-453.99K	-471.66K	-501.69K	-460.76K	-515.55K
Investing Cash Flow	-3.16M	-3.16M	-1.06M	-1.48M	-1.47M	-1.63M
Financing Cash Flow	6.70M	6.70M	1.54M	1.80M	1.57M	1.91M

Arizona Silver Exploration Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.89
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:AZS, the sentiment is Neutral. The current price of 0.89 is below the 20-day moving average (MA) of 1.05, above the 50-day MA of 0.87, and above the 200-day MA of 0.50, indicating a neutral trend. The MACD of 0.03 indicates Positive momentum. The RSI at 46.20 is Neutral, neither overbought nor oversold. The STOCH value of 36.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:AZS.

Arizona Silver Exploration 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%
KTN	54 Neutral	C$173.01M	-24.84	-11.69%	―	―	-0.78%
SVE	52 Neutral	C$194.72M	-73.63	-5.64%	―	―	13.33%
IPT	52 Neutral	C$142.95M	-20.47	-8.15%	―	52.70%	60.33%
KUYA	52 Neutral	C$140.92M	-15.74	-20.00%	―	―	21.09%
AZS	50 Neutral	C$102.85M	-80.51	-13.05%	―	―	68.41%
EXN	50 Neutral	C$167.04M	-12.85	-26.99%	―	―	49.02%

Arizona Silver Exploration Corporate Events

Arizona Gold & Silver to Showcase Expanding U.S. Exploration Portfolio at VRIC 2026

Arizona Gold & Silver Inc. will exhibit at the Vancouver Resource Investment Conference on January 25–26, 2026, where its leadership team will meet investors and industry participants at Booth 1105 to discuss the company’s exploration portfolio and strategic plans. The company will highlight the rapid advancement of its flagship Philadelphia Project, which is evolving from a narrow vein interpretation into a broader, potentially bulk-mineable underground gold–silver system, as well as the district-scale potential of its Sycamore Canyon and Silverton projects that offer additional precious metals upside and longer-term value through exposure to critical metal antimony.

The most recent analyst rating on (TSE:AZS) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Arizona Silver Exploration stock, see the TSE:AZS Stock Forecast page.

Arizona Gold & Silver Grants 500,000 Stock Options to Officer

Arizona Gold & Silver Inc. has granted incentive stock options to an officer to purchase 500,000 common shares at an exercise price of $1.05 per share for a five-year term, with the options vesting immediately and subject to a four-month hold period, pending TSX Venture Exchange approval. The move underscores the company’s use of equity-based compensation to align management incentives with shareholder interests as it advances exploration at its Philadelphia gold-silver project in Arizona and continues to position itself within the precious metals exploration sector in the U.S. Southwest.

The most recent analyst rating on (TSE:AZS) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Arizona Silver Exploration stock, see the TSE:AZS Stock Forecast page.

Arizona Gold & Silver Taps Veteran Geologist Lex Lambeck to Lead Exploration Push

Arizona Gold & Silver Inc. has appointed Dr. Lex Lambeck as Senior Vice President of Exploration, replacing Greg Hahn, who will move into the role of Vice Chair after more than 50 years in the mining industry and a key role in the discovery at the Philadelphia project. Lambeck, a PhD geologist with over 25 years of experience and a record of district-scale exploration success at companies including MAG Silver, will oversee all exploration programs, expand technical teams, and accelerate work on the flagship Philadelphia project as well as the Silverton and Sycamore Canyon properties, a move positioned to strengthen the company’s technical leadership and advance its key projects in top-tier U.S. mining jurisdictions.

The most recent analyst rating on (TSE:AZS) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Arizona Silver Exploration stock, see the TSE:AZS Stock Forecast page.

Arizona Gold & Silver Extends High-Grade Perry Discovery at Philadelphia Project

Arizona Gold & Silver reported strong assay results from core hole PC25-158 at its Philadelphia project in Arizona, intersecting 60.37 metres grading 4.36 g/t gold and 6.38 g/t silver, including a high-grade interval of 4.33 metres at 19.37 g/t gold and 19.36 g/t silver. The hole extends the Perry discovery’s high-grade mineralized corridor 110 metres north of a previous intercept and 60 metres beyond another thick stockwork zone, with geological indicators suggesting the drilling is now only at the top of a potentially more productive boiling and feeder zone. Management highlighted that grades appear to be increasing toward the ongoing step-out hole PC25-159, which is targeting the Perry zone a further 60 metres to the north, while the company’s strong financial position, supported by in-the-money warrants and options, underpins continued drilling to test the multi-kilometre Arabian Fault structure for additional mineralization along strike and at depth.

The most recent analyst rating on (TSE:AZS) stock is a Hold with a C$0.94 price target. To see the full list of analyst forecasts on Arizona Silver Exploration stock, see the TSE:AZS Stock Forecast page.

Arizona Gold & Silver Reports Promising Assay Results at Philadelphia Project

Arizona Gold & Silver Inc. has announced promising assay results from its Philadelphia Project in Arizona, revealing multiple higher-grade gold intervals within a significantly wider mineralized structure. The discovery of a developing stockwork zone suggests a potentially bulk-mineable component to the deposit, enhancing the company’s exploration prospects and potentially impacting its market positioning positively.

Arizona Gold & Silver Advances Exploration at Philadelphia Project

Arizona Gold & Silver Inc. has successfully intersected 34.45 metres of Perry Vein material in core hole PC25-157 at its Philadelphia Project in Arizona, located 60 metres north of a previous high-grade gold intercept. The drilling aims to define the potential strike length of the discovery at a depth of over 300 meters, with further drilling planned to explore deeper zones. This development enhances the company’s understanding of the hydrothermal system and could significantly impact its resource calculations and market positioning.