Caprock Mining Corp (CAPR) AI Stock Analysis

• Market Cap: C$12.15M
• Dividend Yield: N/A
• Average Volume (3M): 363.18K
• Price to Earnings (P/E): ―
• Beta (1Y): 4.76
• 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: 115,719,290
• 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$0.10 ▼(-32.00% Downside)

The score is held down primarily by weak financial performance (pre-revenue, recurring losses, and ongoing cash burn) despite a debt-free balance sheet. Technicals are mixed with modest longer-term support but soft near-term momentum. Valuation is also constrained by negative earnings and no dividend yield data.

Positive Factors

Debt-free balance sheet

A debt-free capital structure materially lowers bankruptcy and interest-rate risk and preserves strategic optionality. Over 2–6 months this supports continued exploration or asset development without immediate fixed-charge pressure, making external financing timing less urgent.

Free cash flow tracks net income

Close alignment between reported earnings and cash flows improves financial transparency and forecasting reliability. For a developer, this makes burn-rate modeling and capital planning more dependable, aiding long-term funding strategies and investor assessment of cash needs.

Early-stage mining developer profile

Being a development-stage mining company is a structural business model trait: while pre-revenue today, successful resource delineation and permitting can create scalable future revenue streams. This profile implies value lies in project execution and long-term resource monetization.

Negative Factors

No revenue for multiple years

Absence of revenue prevents margin formation and means operations can’t be self-funded. Over months this elevates dependency on external financing, delays pathway to sustainable profitability, and keeps core commercial viability unproven.

Persistent and worsening cash burn

Growing negative operating cash flow signals increasing capital consumption and shorter runway unless new funding arrives. Over 2–6 months this raises dilution or financing risk, constrains project advancement, and forces prioritization of spend versus development milestones.

Eroding equity & negative returns on equity

Declining shareholder equity and sustained negative ROE reflect that invested capital isn’t generating returns and is being eroded by losses. Structurally this reduces internal funding capacity, increases need for external capital, and may limit long-term project financing options.

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

Very weak fundamentals: no revenue over multiple years, persistent net losses, and ongoing negative operating/free cash flow (cash burn worsening in 2025 vs. 2024). The main offset is a debt-free balance sheet, but equity has been declining and ROE remains materially negative.

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	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 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: Negative
• Last Price: 0.15
• 50DMA: Negative
• 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 Negative. 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 neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 47.49 is Neutral, neither overbought nor oversold. The STOCH value of 46.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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$8.48M	27.42	―	―	―	―
STGX	48 Neutral	C$12.32M	-15.79	6.30%	―	―	70.90%
NRM	47 Neutral	C$12.52M	-5.62	-41.21%	―	―	48.66%
CC	47 Neutral	C$10.17M	-7.30	-15.17%	―	―	-105.62%
CAPR	45 Neutral	C$12.15M	-7.41	-38.26%	―	―	-10.81%
RSH	29 Underperform	C$9.99M	―	―	―	―	―

Caprock Mining Corp Corporate Events

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.

Caprock Mining Launches Drill Program at Destiny Gold Property

Caprock Mining Corp. has commenced a drill program at its Destiny gold property in Quebec, following the receipt of an Intervention Permit from the Quebec government. The program aims to target deep-seated high-grade mineralization, with the potential to establish a high-grade underground mineable gold zone. The drill program is expected to be completed by mid-December, with assay results anticipated by early February 2026. A successful outcome could demonstrate the presence and continuity of high-grade mineralization beyond the current pit-constrained Mineral Resource Estimate, potentially enhancing the company’s geological model and refining future drill targets.

Caprock Mining Corp. Grants Options and RSUs to Leadership

Caprock Mining Corp. has announced the granting of 750,000 options to a director and 7,500,000 Restricted Share Units to senior executives and directors, both at a price of $0.10 per Common Share. This strategic move aims to align the interests of the company’s leadership with its long-term growth objectives, potentially impacting its operational focus and stakeholder engagement in the mineral exploration industry.