Canadian Premium Sand Inc (CPS) AI Stock Analysis

• Market Cap: C$7.87M
• Dividend Yield: N/A
• Average Volume (3M): 20.37K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.35
• Revenue Growth: N/A
• EPS Growth: 25.99%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): N/A
• 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$0.09 ▲(7.50% Upside)
• Action: Upgraded Date: 12/30/25
• Date: Action: Upgraded 12/30/25

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

Clear industrial silica sand model

CPS operates a focused, vertically relevant model—exploration, processing and sale of high‑purity silica sand to industrial users (glass and other manufacturers). Structural demand for silica in industrial supply chains gives a durable addressable market if the company scales production and secures offtakes.

Growing asset base

The increase in total assets in 2025 provides tangible capacity to advance development and supports collateral for financing. A larger asset base is a durable enabler for building processing infrastructure and converting resources into production, improving long‑term operational optionality.

Narrowing losses trend

Reported net losses have narrowed over recent years, indicating improving cost control or operational progress. A sustainable downward trajectory in losses reduces the gap to break‑even and, if maintained, materially improves financing flexibility and the likelihood of long‑term viability.

Negative Factors

Negative shareholders' equity

Persistent negative shareholders' equity reflects accumulated deficits that materially weaken the capital structure. This condition limits access to non‑dilutive financing, raises insolvency vulnerability in stress scenarios, and constrains strategic initiatives over the medium term.

Rising debt levels

Debt increased notably between 2022 and 2025 while operations remain unprofitable. Higher leverage raises refinancing and interest burden risk, reduces headroom for development capex, and increases the chance of future dilution or covenant stress if cash flows do not improve.

Persistent cash burn

Consistently negative operating and free cash flow indicates the business cannot self‑fund development or operations. Ongoing cash burn necessitates external financing, elevating dilution and credit risk and limiting the firm's ability to invest in production scale‑up or long‑lead commercial contracts.

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

Financials remain very weak: revenue is effectively absent across recent years, losses persist (though narrowed versus 2023), operating/FCF are still materially negative (~-$2.8M in 2025), and the balance sheet shows negative equity with rising debt—limiting flexibility and increasing financing risk.

Income Statement

Profitability remains very weak. Revenue is effectively absent in the most recent annual periods (2021–2025), while losses persist each year (net loss of about $3.4M in 2025 vs. ~$4.2M in 2024, showing some improvement). Operating performance is still deeply negative, indicating the business has not yet demonstrated a sustainable earnings engine; the main positive is that annual losses have narrowed meaningfully from the 2023 trough.

Balance Sheet

Financial position is stressed by negative shareholders’ equity in 2023–2025, which typically reflects accumulated losses and limits balance-sheet flexibility. Debt has also risen over time (about $4.0M in 2025 vs. ~$2.7M in 2022), increasing financial risk. A key offset is that total assets increased in 2025 versus 2024, but the capital structure remains a central weakness given the negative equity.

Cash Flow

Cash generation is consistently negative, with operating cash flow and free cash flow both around -$2.8M in 2025, following -$2.9M in 2024 and a much worse -$7.2M in 2023 (notable improvement since 2023, but still cash-burning). Free cash flow trend is volatile (down in 2025 after improving in 2024), and cash flow does not currently demonstrate self-funding operations—implying continued reliance on external financing.

Breakdown	Sep 2025	Dec 2024	Sep 2023	Sep 2022	Sep 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	-52.57K	-62.24K	-50.88K	-27.09K	-16.21K
EBITDA	-2.85M	-3.68M	-8.11M	-5.03M	-2.19M
Net Income	-3.38M	-4.16M	-8.53M	-5.38M	-2.50M
Balance Sheet
Total Assets	1.89M	998.97K	2.07M	8.92M	4.86M
Cash, Cash Equivalents and Short-Term Investments	1.52M	736.75K	1.83M	8.69M	4.83M
Total Debt	3.95M	3.48M	3.03M	2.68M	2.28M
Total Liabilities	5.14M	4.92M	4.89M	4.14M	3.96M
Stockholders Equity	-3.25M	-3.93M	-2.82M	4.78M	905.90K
Cash Flow
Free Cash Flow	-2.84M	-2.94M	-7.18M	-4.97M	-2.67M
Operating Cash Flow	-2.84M	-2.94M	-7.18M	-4.97M	-2.67M
Investing Cash Flow	0.00	0.00	0.00	0.00	1.00K
Financing Cash Flow	3.62M	1.85M	326.01K	8.83M	6.24M

Canadian Premium Sand Inc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.08
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• 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 Positive. The current price of 0.08 is above the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.07, and below the 200-day MA of 0.14, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 61.69 is Neutral, neither overbought nor oversold. The STOCH value of 73.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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%
QMC	47 Neutral	C$6.24M	-29.55	―	―	―	14.29%
SCLT	46 Neutral	C$4.66M	-9.92	-62.20%	―	―	59.67%
MEK	45 Neutral	C$8.64M	-11.25	-16.74%	―	―	-122.22%
ORS	45 Neutral	C$13.32M	-14.53	-12.84%	―	―	-255.56%
CPS	42 Neutral	C$7.87M	-2.01	―	―	―	25.99%
LL	41 Neutral	C$6.35M	-2.36	―	―	―	―

Canadian Premium Sand Inc Corporate Events

Canadian Premium Sand Director Rodrigo Sousa Resigns from Board

Canadian Premium Sand Inc. announced that longtime director Rodrigo Sousa has resigned from its board of directors, effective January 29, ending his service that began in 2018. The departure marks a change in board composition as the company advances development of its Manitoba-based silica sand project aimed at supplying proppant and high-purity sand to the energy and glass manufacturing sectors, though CPS did not disclose a replacement or strategic shift tied to the resignation.

The most recent analyst rating on (TSE:CPS) stock is a Hold with a C$0.07 price target. To see the full list of analyst forecasts on Canadian Premium Sand Inc stock, see the TSE:CPS Stock Forecast page.

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.