Caprock Mining Corp (CAPR) AI Stock Analysis

• Market Cap: C$14.85M
• Dividend Yield: N/A
• Average Volume (3M): 363.18K
• Price to Earnings (P/E): ―
• Beta (1Y): 4.39
• Revenue Growth: N/A
• EPS Growth: -10.81%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 123,714,480
• 10 Day Avg. Volume: 523,115
• 30 Day Avg. Volume: 363,184
• PEG Ratio: 0.08
• Price to Book (P/B): 0.87
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.93
• 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: 45 Neutral
• Price Target: C$0.09 ▼(-41.33% Downside)
• Action: Reiterated Date: 03/03/26
• Date: Action: Reiterated 03/03/26

The score is held down primarily by weak financial performance (no revenue, ongoing losses, and cash burn). Technical indicators are mixed and provide only modest support, while valuation is constrained by a negative P/E and no dividend.

Positive Factors

Debt-free balance sheet

A debt-free balance sheet materially reduces financial risk and interest obligations for an early-stage mining developer. Over the next several months this provides financing flexibility and lowers bankruptcy risk while management pursues capital-intensive exploration or development milestones.

Stable annual loss profile

Consistent, non-worsening annual losses indicate expense control despite being pre-revenue. This stability helps forecasting and limits near-term downside volatility, giving management time to execute development plans or secure staged financing without rapidly escalating burn.

Cash accounting aligns with reported losses

When free cash flow tracks net income, reported losses reflect real cash outflows rather than large non-cash items. That alignment improves visibility into true financing needs, making capital planning and runway estimates more reliable for medium-term strategic decisions.

Negative Factors

No revenue for multiple years

A sustained pre-revenue profile means the company lacks an operating revenue base and remains dependent on external funding. Without demonstrated sales or production, margins, scalability, and long-term profitability remain highly uncertain for the foreseeable 2–6 month horizon.

Consistent cash burn

Persistent negative operating and free cash flow indicate ongoing cash burn that will require additional capital. For a capital-intensive mining developer this raises risk of dilution or funding stress, constraining the company's ability to advance projects without new financing.

Eroding equity and negative ROE

Declining shareholders' equity and persistently negative ROE reflect value erosion from ongoing losses. A weakened capital base limits financial resilience and makes it harder to absorb setbacks or fund development internally, increasing reliance on external, potentially dilutive financing.

Caprock Mining Corp Business Overview & Revenue Model

Company Description

Caprock Mining Corp., a mineral exploration company, explores for and evaluates mining properties in Canada. The company explores for gold, and other minerals and metals. It has entered into an agreement to acquire 100% interest in the Mud Lake, Golden Heart, Brookbank East, Three Towers, Miner Lake, and Green Oaks properties located in the province of Ontario. The company was formerly known as Blingold Corp. and changed its name to Caprock Mining Corp. in July 2021. Caprock Mining Corp. was incorporated in 2020 and is based in Toronto, Canada.

How the Company Makes Money

Caprock Mining Corp makes money through the exploration, development, and eventual extraction of precious metals from its mining properties. The company's primary revenue streams come from selling extracted minerals, particularly gold and silver, on the open market. Key factors contributing to its earnings include the efficiency of its mining operations, the fluctuating market prices of these metals, and strategic partnerships that enhance its exploration and extraction capabilities. Additionally, Caprock Mining may engage in joint ventures or partnerships with other mining companies to leverage shared resources and expertise, further influencing its revenue potential.

Caprock Mining Corp Financial Statement Overview

Summary

Financial strength is weak: the company is pre-revenue with persistent net losses and ongoing cash burn (negative operating and free cash flow). The main positive is a debt-free balance sheet, but equity has declined over time, reflecting continued losses.

Income Statement

The company has reported no revenue across the last five annual periods, consistent with an early-stage/mining developer profile rather than an operating business. Losses are persistent (net loss of about $0.56M in 2025 vs. ~$0.58M in 2024), with no visible margin structure given the lack of sales. While the annual loss has not worsened materially versus the prior year, the absence of revenue and continued negative earnings keep overall income-statement quality weak.

Balance Sheet

The balance sheet shows no debt in the periods provided, which reduces financial risk and adds flexibility. However, equity has trended down from ~$2.62M (2022) to ~$1.95M (2025), reflecting ongoing losses and value dilution/erosion over time. Returns on equity are consistently negative (roughly -28% to -39%), highlighting that the asset base is not yet generating profits despite the low leverage.

Cash Flow

Operating cash flow and free cash flow are consistently negative, indicating ongoing cash burn to fund operations (2025 operating cash flow about -$0.43M vs. -$0.21M in 2024). Free cash flow “growth” is volatile and not economically meaningful while cash flow remains negative, and cash generation is not yet self-sustaining. A key positive is that free cash flow broadly tracks net income (both negative), suggesting limited non-cash distortions—but the underlying cash burn remains the central concern.

Breakdown	Nov 2025	Nov 2024	Nov 2023	Nov 2022	Aug 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00
EBITDA	-559.73K	-577.33K	-591.27K	-991.86K	-555.01K
Net Income	-559.73K	-577.33K	-591.27K	-991.86K	-555.01K
Balance Sheet
Total Assets	2.25M	2.14M	2.36M	2.75M	1.48M
Cash, Cash Equivalents and Short-Term Investments	71.50K	131.41K	235.70K	689.89K	1.39M
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	301.26K	390.63K	212.77K	124.90K	69.98K
Stockholders Equity	1.95M	1.75M	2.15M	2.62M	1.41M
Cash Flow
Free Cash Flow	-431.68K	-235.04K	-454.19K	-699.77K	-451.17K
Operating Cash Flow	-431.68K	-209.13K	-423.59K	-699.77K	-451.17K
Investing Cash Flow	0.00	-25.91K	-30.60K	0.00	0.00
Financing Cash Flow	371.78K	130.75K	0.00	0.00	1.84M

Caprock Mining Corp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.15
• 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:CAPR, the sentiment is Positive. The current price of 0.15 is above the 20-day moving average (MA) of 0.10, above the 50-day MA of 0.10, and above the 200-day MA of 0.06, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 59.70 is Neutral, neither overbought nor oversold. The STOCH value of 70.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:CAPR.

Caprock Mining Corp 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%
RYO	56 Neutral	C$48.22M	56.99	―	―	―	―
STGX	48 Neutral	C$12.90M	-16.54	6.30%	―	―	70.90%
NRM	47 Neutral	C$13.87M	-6.01	-41.21%	―	―	48.66%
CC	47 Neutral	C$24.36M	-7.28	-15.17%	―	―	-105.62%
CAPR	45 Neutral	C$14.85M	-8.89	-38.26%	―	―	-10.81%
RSH	29 Underperform	C$11.65M	―	―	―	―	―

Caprock Mining Corp Corporate Events

Caprock Confirms Large High-Grade Gold System at Destiny With New Drill Results

Caprock Mining Corp. reported high-grade assay results from its Fall 2025 drilling campaign at the Destiny gold property in Quebec, highlighted by intervals grading up to 18.3 g/t gold over 0.3 metres and several multi-metre zones of mineralization. The recent holes, combined with historical intercepts from nearby drill holes, confirm the depth projection of a structural geology model indicating that gold at Destiny is controlled by a large fold structure, suggesting a very extensive mineralized system.

Management said all four December drill holes intersected the expected lithologies, structures, alteration and mineralization, producing an unusually strong hit ratio for exploration in the Abitibi. The company has now launched a new drilling phase to test high-grade potential between two historical high-grade holes and to refine emerging shallowly plunging enrichment trends, with a near-surface resource expansion drill program planned once the current deep drilling phase is complete.

The most recent analyst rating on (TSE:CAPR) stock is a Hold with a C$0.07 price target. To see the full list of analyst forecasts on Caprock Mining Corp stock, see the TSE:CAPR Stock Forecast page.

Caprock Mining Expands Drilling Program at Destiny Gold Project Following Positive Indications

Caprock Mining Corp. has announced the expansion of its drilling program at the Destiny gold property in Quebec, following promising initial results indicating potential high-grade mineralization. By increasing the program to include additional drilling targets, the company seeks to validate its geological modeling and potentially enhance the resource estimates for the property, aiming to solidify its growth trajectory in the precious metals sector.

Caprock Mining Corp. Completes Financing and Confirms Destiny Option Payment

Caprock Mining Corp. has successfully closed its non-brokered financing, raising a total of $897,400 through the issuance of hard dollar units and flow-through units. The proceeds will be used for exploration expenses on the Destiny gold property and general working capital. Additionally, Caprock confirmed the payment of the anniversary payment under the Destiny Option Agreement with Big Ridge Gold Corp., issuing 2,579,979 common shares to satisfy the requirement. This financing and payment strengthen Caprock’s position in the mineral exploration industry, particularly in the prolific Abitibi greenstone belt.

Caprock Mining Corp. Announces $897,400 Private Placement for Destiny Gold Exploration

Caprock Mining Corp. announced a proposed non-brokered private placement to raise up to $897,400 through the issuance of hard dollar and flow-through units. The proceeds will fund exploration expenses at the Destiny gold property in Quebec and general working capital. The financing includes related party transactions and finder’s fees, with securities subject to a four-month hold period. This move aims to bolster Caprock’s exploration efforts and strengthen its position in the Canadian mining sector.