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Canadian Premium Sand Inc (TSE:CPS)
:CPS
Canadian Market
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Canadian Premium Sand Inc (CPS) AI Stock Analysis

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TSE:CPS

Canadian Premium Sand Inc

(CPS)

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Neutral 46 (OpenAI - 5.2)
Rating:46Neutral
Price Target:
C$0.08
▼(-2.50% Downside)
Action:Reiterated
Date:06/01/26
The score is primarily constrained by weak financial performance (no revenue, continued losses/cash burn, negative equity and higher debt), which outweighs only-neutral technical signals. Valuation is also a headwind because negative earnings make the P/E less supportive and no dividend yield is available.
Positive Factors
High-purity product focus
CPS targets high-purity silica sand and value-added silica products, which is a structurally differentiated offering versus commodity sand. Serving industrial customers that need consistent feedstock supports higher margins, longer contracts and scale economies if extraction and processing reach commercial levels.
Negative Factors
No revenue generation
The company remains pre-revenue, so its business model and market demand are unproven at scale. Without recurring sales, CPS relies on capital markets or partners to fund development, which elevates execution and dilution risk and prolongs the timeline to durable cash generation.
Read all positive and negative factors
Positive Factors
Negative Factors
High-purity product focus
CPS targets high-purity silica sand and value-added silica products, which is a structurally differentiated offering versus commodity sand. Serving industrial customers that need consistent feedstock supports higher margins, longer contracts and scale economies if extraction and processing reach commercial levels.
Read all positive factors

Canadian Premium Sand Inc (CPS) vs. iShares MSCI Canada ETF (EWC)

Canadian Premium Sand Inc Business Overview & Revenue Model

Company Description
Canadian Premium Sand Inc. engages in the quarrying of silica sand deposits in Canada. The company holds 41 contiguous quarry leases at the Wanipigow reserves located north of Winnipeg, Manitoba. Its products are used as a fracture proppant and fe...
How the Company Makes Money
CPS’s business model is to generate revenue primarily through the sale of silica sand and potentially other value-added, silica-based products derived from its sand resource. The core revenue stream would come from extracting silica sand from its ...

Canadian Premium Sand Inc Financial Statement Overview

Summary
Financials show no revenue with persistently negative gross/operating/net results and ongoing cash burn (TTM operating/free cash flow outflow ~-$2.4M). While losses and cash outflows have improved versus 2023, the balance sheet remains pressured by negative shareholders’ equity and rising debt, keeping financing and execution risk elevated.
Income Statement
6
Very Negative
Balance Sheet
8
Very Negative
Cash Flow
10
Very Negative
BreakdownTTMSep 2025Dec 2024Sep 2023Sep 2022Sep 2021
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit-54.37K-52.57K-62.24K-50.88K-27.09K-16.21K
EBITDA-2.51M-2.85M-3.68M-8.11M-5.03M-2.19M
Net Income-2.96M-3.38M-4.16M-8.53M-5.38M-2.50M
Balance Sheet
Total Assets706.36K1.89M998.97K2.07M8.92M4.86M
Cash, Cash Equivalents and Short-Term Investments282.68K1.52M736.75K1.83M8.69M4.83M
Total Debt4.14M3.95M3.48M3.03M2.68M2.28M
Total Liabilities5.28M5.14M4.92M4.89M4.14M3.96M
Stockholders Equity-4.58M-3.25M-3.93M-2.82M4.78M905.90K
Cash Flow
Free Cash Flow-2.39M-2.84M-2.94M-7.18M-4.97M-2.67M
Operating Cash Flow-2.39M-2.84M-2.94M-7.18M-4.97M-2.67M
Investing Cash Flow0.000.000.000.000.001.00K
Financing Cash Flow-60.39K3.62M1.85M326.01K8.83M6.24M

Canadian Premium Sand Inc Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.08
Price Trends
50DMA
0.10
Negative
100DMA
0.09
Negative
200DMA
0.09
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
35.75
Neutral
STOCH
-8.33
Positive
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 0.08 is below the 20-day moving average (MA) of 0.10, below the 50-day MA of 0.10, and below the 200-day MA of 0.09, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 35.75 is Neutral, neither overbought nor oversold. The STOCH value of -8.33 is Positive, 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

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
52
Neutral
C$4.24M14.71-62.20%
47
Neutral
C$15.41M-39.29-283.11%58.82%
46
Neutral
C$7.41M-2.5033.61%
45
Neutral
C$9.66M-8.49-12.84%-212.50%
42
Neutral
C$6.35M-1.5639.23%
42
Neutral
C$3.64M-70.0058.33%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:CPS
Canadian Premium Sand Inc
0.08
-0.10
-55.56%
TSE:SCLT
Searchlight Resources Inc
0.10
0.05
104.08%
TSE:LL
Canada Rare Earth
0.03
0.00
0.00%
TSE:MEK
Metals Creek Resources
0.06
0.04
175.00%
TSE:ORS
Orestone Mining
0.09
0.02
20.00%
TSE:QMC
QMC Quantum Minerals
0.04
-0.02
-30.00%

Canadian Premium Sand Inc Corporate Events

Business Operations and Strategy
Canadian Premium Sand Launches Strategic Review to Unlock Intrinsic Value
Positive
Apr 16, 2026
Canadian Premium Sand Inc. has launched a strategic review to explore options to close the gap between its market valuation and the intrinsic value of its silica sand and glass-related assets. The review, backed unanimously by the board, managemen...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 01, 2026