Canadian Premium Sand Inc (CPS) AI Stock Analysis

• Market Cap: C$7.41M
• Dividend Yield: N/A
• Average Volume (3M): 20.37K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.36
• Revenue Growth: N/A
• EPS Growth: 25.99%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 92,627,160
• 10 Day Avg. Volume: 15,852
• 30 Day Avg. Volume: 20,369
• PEG Ratio: 0.15
• Price to Book (P/B): -4.18
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.79
• 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: 42 Neutral
• Price Target: C$0.08 ▼(-3.75% Downside)

The score is held down primarily by weak financial performance (minimal revenue, ongoing losses/cash burn, negative equity and rising debt). Technicals add further pressure with a clear downtrend (price below key moving averages and negative MACD). Valuation provides little support due to loss-making results and no dividend.

Positive Factors

Focused industrial silica-sand business model

A clear, product-focused business model centered on supplying processed high-purity silica to industrial users (glass, manufacturing) aligns with steady, structural end-market demand. If executed at scale, this creates a durable revenue base tied to industrial production needs rather than short-term market swings.

Long-term offtake contracts can provide revenue visibility

Securing multi-year offtake or supply agreements would materially increase revenue predictability and support capital planning. For a development-stage resource business, binding contracts reduce market risk, improve financing access, and allow phased investment in processing and logistics with clearer payback horizons.

Narrowing losses and increased assets in 2025

Financials show progress: annual losses have narrowed since the 2023 trough and total assets rose in 2025, indicating ongoing development investment. This trend suggests improving operational execution or capitalization that, if continued, could help transition the company toward production and eventual positive cash generation.

Negative Factors

Negative shareholders' equity

Sustained negative shareholders' equity reflects accumulated losses that weaken balance-sheet flexibility. Over the medium term this constrains borrowing capacity, can impede strategic initiatives, and increases the likelihood of dilutive financing or creditor-driven restructurings if profitability and cash flow are not achieved.

Rising debt burden

Leverage has increased materially since 2022, adding interest and refinancing risk for a company not yet cash-flow positive. Higher debt elevates fixed obligations, limits strategic flexibility, and raises the chance of liquidity stress during adverse commodity or capital-market conditions absent consistent revenue or committed financing.

Persistent operating cash burn

Consistent negative operating and free cash flow requires ongoing external funding to maintain development. Over months to years this undermines sustainability unless production or contracted sales begin; reliance on capital raises risks dilution, higher financing costs, and possible project delays if funding conditions tighten.

Canadian Premium Sand Inc Business Overview & Revenue Model

Company Description

Canadian Premium Sand Inc., an exploration stage company, explores for and develops silica sand deposits. Its flagship project is the Wanipigow Sand Project consists of 41 contiguous quarry leases covering 2,148 hectares located to the North-East of Winnipeg, Manitoba. The company was formerly known as Claim Post Resources Inc. and changed its name to Canadian Premium Sand Inc. in November 2018. Canadian Premium Sand Inc. was founded in 2005 and is headquartered in Calgary, Canada.

How the Company Makes Money

Canadian Premium Sand Inc. generates revenue through the extraction, processing, and sale of high-purity silica sand. The company's key revenue streams include contracts with glass manufacturers who require high-quality silica sand for producing glass products, as well as sales to the construction industry, where silica sand is used in the production of concrete and other building materials. Additionally, CPS supplies silica sand to the oil and gas sector for use in hydraulic fracturing. The company's earnings are influenced by factors such as the demand for silica sand in these industries, the quality and availability of their sand deposits, and strategic partnerships with companies that require consistent and reliable silica sand supply.

Canadian Premium Sand Inc Financial Statement Overview

Summary

Canadian Premium Sand Inc faces substantial financial difficulties, evidenced by persistent operational losses, negative equity, and deteriorating cash flows. The company's heavy reliance on financing to sustain operations, coupled with a lack of revenue generation, presents significant risks to its financial health and viability.

Income Statement

Canadian Premium Sand Inc has reported no revenue for the TTM period, indicating a lack of sales activity. With a continuous trend of negative EBIT and net income, the company shows ongoing operational losses, which is a major concern for profitability. The absence of revenue growth further highlights significant challenges in the company's business model or market conditions.

Balance Sheet

The company's balance sheet reveals a negative stockholders' equity indicating liabilities exceed assets, which is a red flag for financial stability. The high debt-to-equity ratio suggests significant leverage, posing a risk of insolvency. Although the company has maintained some level of cash reserves, the overall financial position remains precarious.

Cash Flow

Negative operating and free cash flow indicate that Canadian Premium Sand Inc is not generating cash from its operations, relying heavily on external financing. The continuous negative free cash flow growth underscores liquidity challenges, despite recent financing activities.

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	-26.12K	-52.57K	-62.24K	-50.88K	-27.09K	-16.21K
EBITDA	-3.47M	-2.85M	-3.68M	-8.11M	-5.03M	-2.19M
Net Income	-4.06M	-3.38M	-4.16M	-8.53M	-5.38M	-2.50M
Balance Sheet
Total Assets	2.32M	1.89M	998.97K	2.07M	8.92M	4.86M
Cash, Cash Equivalents and Short-Term Investments	2.03M	1.52M	736.75K	1.83M	8.69M	4.83M
Total Debt	3.73M	3.95M	3.48M	3.03M	2.68M	2.28M
Total Liabilities	4.80M	5.14M	4.92M	4.89M	4.14M	3.96M
Stockholders Equity	-2.48M	-3.25M	-3.93M	-2.82M	4.78M	905.90K
Cash Flow
Free Cash Flow	-2.85M	-2.84M	-2.94M	-7.18M	-4.97M	-2.67M
Operating Cash Flow	-2.85M	-2.84M	-2.94M	-7.18M	-4.97M	-2.67M
Investing Cash Flow	0.00	0.00	0.00	0.00	0.00	1.00K
Financing Cash Flow	3.62M	3.62M	1.85M	326.01K	8.83M	6.24M

Canadian Premium Sand Inc Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.08
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CPS, the sentiment is Neutral. The current price of 0.08 is above the 20-day moving average (MA) of 0.07, below the 50-day MA of 0.08, and below the 200-day MA of 0.16, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 53.00 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
SCLT	54 Neutral	C$6.25M	-9.80	-62.20%	―	―	59.67%
QMC	52 Neutral	C$7.81M	-34.78	―	―	―	14.29%
MEK	46 Neutral	C$7.74M	-10.00	-16.74%	―	―	-122.22%
ORS	44 Neutral	C$6.28M	-9.30	-12.84%	―	―	-255.56%
CPS	42 Neutral	C$7.41M	-2.01	―	―	―	25.99%
LL	41 Neutral	C$6.35M	-2.36	―	―	―	―

Canadian Premium Sand Inc Corporate Events

Canadian Premium Sand Inc. Pauses Solar Glass Projects Amid Policy Uncertainty, Focuses on Revenue Streams

Canadian Premium Sand Inc. announced a pause in the development of its solar glass manufacturing projects in both the US and Canada due to geopolitical and trade policy uncertainties, despite significant market demand and investment policy potential in the US solar industry. With these projects on hold, the company is shifting its focus to expanding quarry operations and revenue generation in the oil and gas sector, leveraging a substantial resource base and establishing near-term sales channels as it evaluates future growth prospects in silica sand-based markets. Additionally, CPS secured an extension on its convertible debenture maturity date, reflecting continued strategic support from key investors.