Canadian Premium Sand Inc (CPS) AI Stock Analysis

• Market Cap: C$19.91M
• Dividend Yield: N/A
• Average Volume (3M): 16.96K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.06
• Revenue Growth: N/A
• EPS Growth: 37.52%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 52
• Industry: Industrial Materials
• EPS (TTM): -0.05
• Shares Outstanding: 92,627,160
• 10 Day Avg. Volume: 19,216
• 30 Day Avg. Volume: 16,965
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -7.90
• P/FCF Ratio: 0.00
• 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

Canadian Premium Sand Inc's stock is significantly challenged by poor financial performance, marked by operational losses and negative equity. These financial weaknesses are compounded by weak technical indicators and a poor valuation. However, recent positive corporate events, like resource expansion and tax credit acquisition, offer some potential for future improvement. Until tangible financial improvements are realized, the stock remains a high-risk investment.

Canadian Premium Sand Inc Business Overview & Revenue Model

Company Description

Canadian Premium Sand Inc. (CPS) is a Canadian company engaged in the development and production of high-quality silica sand. The company's operations are primarily focused on supplying specialized sand products for industrial applications, including glass manufacturing, solar panel production, and other high-tech industries that require premium sand materials. CPS is committed to sustainable practices and aims to develop its resources in an environmentally responsible manner.

How the Company Makes Money

Canadian Premium Sand Inc. generates revenue through the extraction, processing, and sale of high-grade silica sand. The company operates a silica sand quarry and processing facility, where it refines raw sand into high-purity products suitable for various industrial uses. CPS's primary revenue streams include sales contracts with manufacturers in the glass and solar panel industries, which require consistent supplies of quality sand. Additionally, the company may engage in strategic partnerships or joint ventures to expand its market reach and optimize its production capabilities. CPS's earnings are influenced by factors such as market demand for silica sand, production costs, and the establishment of long-term supply agreements with key industrial players.

Canadian Premium Sand Inc Financial Statement Overview

Summary

Canadian Premium Sand Inc. is facing significant financial difficulties, with no revenue and increasing operational losses. The high leverage and negative equity position emphasize financial instability. Although there is a slight improvement in cash flow management, the overall financial health remains weak, necessitating strategic adjustments for financial recovery.

Income Statement

The company has consistently reported zero revenue over the past years, indicating a lack of income generation. High negative EBIT and net income margins reflect ongoing operational losses, with increasing net losses year over year. This implies significant challenges in profitability and revenue generation.

Balance Sheet

The balance sheet shows a negative stockholders' equity, indicating more liabilities than assets, and a significant debt-to-equity ratio, highlighting financial instability and high leverage. Such a financial structure poses risks to solvency and long-term sustainability.

Cash Flow

The company consistently experiences negative operating and free cash flows, indicating cash outflows exceed inflows, which can be unsustainable over the long term. However, there is a moderate improvement in free cash flow compared to the previous year, suggesting slight positive changes in cash management.

Breakdown
Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	1.35M
	Gross Profit
0.00	-50.88K	-27.09K	-16.21K	-19.35K
	EBIT
-3.79M	-8.33M	-5.10M	-2.22M	-2.44M
	EBITDA
-3.68M	-8.35M	-5.03M	-2.20M	-900.54K
	Net Income Common Stockholders
-4.16M	-8.53M	-5.38M	-2.50M	-1.12M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
736.75K	1.83M	8.69M	4.83M	1.26M
	Total Assets
998.97K	2.07M	8.92M	4.86M	1.55M
	Total Debt
3.48M	3.03M	2.68M	2.28M	2.05M
	Net Debt
2.74M	1.19M	-6.01M	-2.55M	784.11K
	Total Liabilities
4.92M	4.89M	4.14M	3.96M	4.72M
	Stockholders Equity
-3.93M	-2.82M	4.78M	905.90K	-3.17M
Cash Flow		Free Cash Flow
-2.94M	-7.18M	-4.97M	-2.67M	-2.48M
	Operating Cash Flow
-2.94M	-7.18M	-4.97M	-2.67M	-2.48M
	Investing Cash Flow
0.00	0.00	0.00	1.00K	0.00
	Financing Cash Flow
1.85M	326.01K	8.83M	6.24M	1.91M

Canadian Premium Sand Inc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.22
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CPS, the sentiment is Negative. The current price of 0.22 is below the 20-day moving average (MA) of 0.24, below the 50-day MA of 0.28, and below the 200-day MA of 0.29, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 33.89 is Neutral, neither overbought nor oversold. The STOCH value of 25.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:CPS.

Canadian Premium Sand Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SJ	76 Outperform	$3.67B	11.64	17.93%	1.79%	4.52%	0.51%
WPK	71 Outperform	C$2.44B	12.29	11.45%	0.42%	0.56%	4.94%
MX	64 Neutral	$2.88B	12.82	8.15%	2.46%	1.39%	-3.64%
IFP	50 Neutral	$742.48M	―	-18.73%	―	-8.81%	-13.99%
Sector *	47 Neutral	$2.44B	-2.84	-22.09%	3.51%	4.02%	-28.91%
EMN	47 Neutral	C$26.58M	―	-148.30%	―	―	-70.16%
CPS	33 Underperform	C$19.91M	―	105.95%	―	―	37.52%

Canadian Premium Sand Inc Corporate Events

Canadian Premium Sand Inc. Reports Major Increase in Low-Iron Sand Resource

Canadian Premium Sand Inc. has announced a significant increase in its low-iron sand resource at the Wanipigow Sand Project, as detailed in the 2025 Technical Report. The report highlights a 3.4-fold increase in the Lower Black Island glass sand mineral resource estimate compared to 2021, driven by successful mineral processing tests conducted between 2022 and 2024. This expansion is expected to bolster the company’s position in the solar glass manufacturing market, potentially enhancing its operational capabilities and market reach.

Spark’s Take on TSE:CPS Stock

According to Spark, TipRanks’ AI Analyst, TSE:CPS is a Underperform.

Canadian Premium Sand Inc. faces significant financial challenges with no revenue and negative equity. The stock’s technical indicators show a strong downward trend, further intensified by a negative P/E ratio. While recent corporate events like the tax credit and solar glass project are promising, they have not yet translated into improved financial metrics. The overall assessment is cautious with a high-risk profile until tangible financial improvements are realized.

To see Spark’s full report on TSE:CPS stock, click here.

Canadian Premium Sand Secures US$75 Million Tax Credit and Advances Solar Glass Project

Canadian Premium Sand Inc. has successfully secured a US$75 million tax credit allocation to re-purpose a former glass manufacturing site in the southern US for the production of pattern solar glass. This allocation, part of the DOE’s 48C tax credit program, is one of only 140 successful projects out of over 800 applications. The company is also negotiating a joint venture with a strategic partner to bring expertise and resources to the project, aiming to finalize a capital cost estimate and secure construction financing. Advancing engineering, environmental permits, and offtake agreements for up to 60% of its output, CPS is positioning itself strategically in the market.