Capella Minerals (CMIL) AI Stock Analysis

• Market Cap: C$5.41M
• Dividend Yield: N/A
• Average Volume (3M): 175.70K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.64
• Revenue Growth: N/A
• EPS Growth: 79.40%
• Country: CA
• Employees: 7
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): N/A
• Shares Outstanding: 41,609,530
• 10 Day Avg. Volume: 428,935
• 30 Day Avg. Volume: 175,699
• PEG Ratio: -0.24
• Price to Book (P/B): -4.46
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.72
• 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$0.14 ▲(40.00% Upside)

The score is held down primarily by weak financial performance (pre-revenue operations, ongoing losses/cash burn, and negative equity). Technicals are supportive with strong momentum above major moving averages, but elevated RSI/Stoch suggest the move may be stretched. Valuation is difficult to support on earnings due to a negative P/E and no dividend yield data.

Positive Factors

Improving Loss Trend

A substantial reduction in net loss versus the prior year reflects improved cost control and operational discipline. Narrowing losses reduce near-term financing needs, extend runway, and increase the probability management can reach development milestones before requiring additional dilutive capital.

Low Absolute Debt

Modest absolute debt keeps interest and fixed obligations low, preserving cash for core project activities. With limited borrowings, the company retains optionality to use non-debt funding and faces fewer contractual claims on cash, supporting financial flexibility despite broader balance-sheet weakness.

Lean Operating Structure

A very small headcount implies low fixed overhead and a lean cost base, which helps conserve cash in a pre-revenue phase. Structural thrift can extend the company’s runway, allowing focus of scarce capital on exploration or project advancement and reducing frequency of dilutive financings.

Negative Factors

Pre-Revenue Operations

Absence of revenue means the core business lacks an operating cash-generating model; future value depends on successful resource development or asset monetization. This structural reality increases execution risk and sustained reliance on external capital to progress the business.

Negative Equity and Asset Contraction

Negative shareholders' equity and a materially contracted asset base weaken financial resilience and constrain financing options. This structural deterioration heightens insolvency risk, makes future capital raises more dilutive or costly, and limits the company's ability to fund multi-stage development internally.

Persistent Cash Burn

Ongoing negative operating and free cash flow demonstrate continued cash burn and inability to self-fund operations. Over the medium term this necessitates recurrent external financing, which can dilute existing shareholders or be constrained by the company’s weakened balance sheet, threatening continuity.

Capella Minerals Business Overview & Revenue Model

Company Description

Capella Minerals Limited, together with its subsidiaries, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It primarily explores for gold, copper, and lithium deposits, as well as for silver and zinc deposits. The company holds 100% interests in the Southern Gold Line project in Sweden; Hessjøgruva Project located in the northern Røros Mining District, Norway; Vaddas-Birtavarre Copper-Cobalt project in northern Norway; and Kjøli and Løkken Project in the Trøndelag County. It also holds interests in the Domain, Manitoba, and Savant Lake projects in Ontario, Canada; Aakenus-Katajavaara project in northern Finland; Perho project located in Southern Finland; and Sierra Blanca Gold-Silver Project in Santa Cruz, Argentina. The company was formerly known as New Dimension Resources Ltd. and changed its name to Capella Minerals Limited in November 2020. Capella Minerals Limited was incorporated in 2005 and is based in Mission, Canada.

How the Company Makes Money

Capella Minerals generates revenue through the exploration and development of mineral properties, primarily focusing on gold and copper. The company makes money by identifying and acquiring promising mineral assets, conducting exploration activities to assess their potential, and then either developing these assets into operational mines or selling them to larger mining companies. Revenue can also be generated through strategic partnerships or joint ventures with other mining firms, which may provide funding and expertise to advance projects. Additionally, Capella Minerals may earn income by licensing or selling exploration data and rights associated with their mineral properties.

Capella Minerals Financial Statement Overview

Summary

Capella Minerals faces significant financial challenges with no revenue generation, persistent losses, and insufficient cash flows. The reliance on debt financing and declining equity base could exacerbate financial instability if not addressed.

Income Statement

Capella Minerals has been unable to generate any revenue in the TTM or historical periods, indicating a lack of commercial operations or marketable products. Consistently negative EBIT and net income reflect ongoing operational losses, suggesting the company is spending more on operations than it earns. The lack of revenue growth is a significant concern, limiting the potential for profitability.

Balance Sheet

The debt-to-equity ratio is moderately high, indicating reliance on debt financing, though the equity base has decreased significantly over the past year. The equity ratio suggests that the company relies more on liabilities than equity to finance its assets, which could pose risks if liabilities continue to increase without an increase in equity or assets.

Cash Flow

Capella Minerals exhibits negative operating and free cash flows, highlighting an inability to generate sufficient cash from operations. The free cash flow to net income ratio is negative, demonstrating challenges in converting net income into cash. The lack of positive cash flow growth indicates potential liquidity issues.

Breakdown	TTM	Dec 2025	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	0.00	0.00	0.00	-881.00	0.00	0.00
EBITDA	-822.34K	-728.16K	-765.00K	-1.07M	-999.00K	-614.00K
Net Income	-1.17M	-1.12M	-5.75M	-1.45M	-2.29M	1.55M
Balance Sheet
Total Assets	1.51M	1.45M	2.24M	6.57M	4.63M	6.38M
Cash, Cash Equivalents and Short-Term Investments	40.07K	33.63K	61.41K	57.97K	96.51K	1.10M
Total Debt	232.55K	233.02K	214.12K	382.78K	420.69K	40.00K
Total Liabilities	1.84M	1.84M	1.50M	1.39M	638.07K	380.79K
Stockholders Equity	-439.67K	-487.51K	641.15K	5.05M	3.87M	6.00M
Cash Flow
Free Cash Flow	-501.44K	-797.84K	-574.74K	-813.48K	-2.35M	-2.41M
Operating Cash Flow	-463.88K	-424.19K	-471.88K	-743.14K	-891.05K	-1.31M
Investing Cash Flow	140.09K	339.95K	-938.63K	-853.12K	-87.56K	-923.86K
Financing Cash Flow	105.60K	105.60K	1.39M	1.53M	-30.00K	3.27M

Capella 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%
CMIL	50 Neutral	C$5.41M	-4.41	-1035.65%	―	―	79.40%
CRC	48 Neutral	C$6.98M	-4.06	-5.67%	―	―	64.95%
HML	46 Neutral	C$4.59M	-0.70	―	―	―	11.47%
AMZ	43 Neutral	C$4.06M	-9.65	-25.74%	―	―	98.11%
MLKM	39 Underperform	C$3.37M	―	-14.12%	―	―	―

Capella Minerals Corporate Events

Capella Minerals Converts Debt to Equity and Restructures Director Loan Ahead of Rescheduled AGM

Capella Minerals has converted C$262,607 of outstanding liabilities, including management and director fees and part of a promissory note, into 4,376,784 common shares in a bid to conserve cash, with all shares subject to a four-month-plus-one-day trading hold. The company has also replaced a previous unapproved convertible promissory note with a new US$133,177 unsecured, non-convertible note held by a director, maturing in August 2026, and rescheduled its annual general and special meeting to January 30, 2026, steps that collectively underscore ongoing efforts to manage its balance sheet, comply with securities regulation, and maintain shareholder governance while it seeks new projects and funding.

The most recent analyst rating on (TSE:CMIL) stock is a Hold with a C$0.10 price target. To see the full list of analyst forecasts on Capella Minerals stock, see the TSE:CMIL Stock Forecast page.

Capella Minerals Launches Maiden Drilling at Killerö Project in Finland

Capella Minerals Ltd has commenced its maiden diamond drilling program at the Killerö gold-copper project in northern Finland, focusing on the Killerö E target. This initiative is part of a fully-funded agreement with Tümad and aims to explore significant gold-copper anomalies identified in the Central Lapland Greenstone Belt. The drilling program, consisting of 11 holes over 2,200 meters, is expected to provide insights into the mineral potential of the area, enhancing Capella’s strategic positioning in the exploration of Precambrian orogenic gold and copper deposits.

Capella Minerals Completes $1.5 Million Financing and Grants Stock Options

Capella Minerals Ltd has successfully closed a private placement, raising C$1,500,000 through the sale of 30,000,000 units. Each unit includes one common share and one share purchase warrant, with proceeds intended for general purposes and potential project acquisitions. Additionally, Capella granted 4,500,000 stock options to its directors, officers, and consultants, reflecting its commitment to incentivize its team as it pursues growth opportunities.