Cruz Capital (CRUZ) AI Stock Analysis

• Market Cap: C$5.70M
• Dividend Yield: N/A
• Average Volume (3M): 1.01M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.03
• Revenue Growth: N/A
• EPS Growth: 27.50%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 189,862,720
• 10 Day Avg. Volume: 2,126,897
• 30 Day Avg. Volume: 1,005,186
• PEG Ratio: 0.17
• Price to Book (P/B): 1.70
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -6.59
• 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: 45 Neutral
• Price Target: C$0.03 ▲(45.00% Upside)

The score is primarily constrained by weak financial performance—no revenue, ongoing losses, and continued negative free cash flow—despite a relatively low-leverage balance sheet. Technicals are mixed and only modestly supportive, while valuation is hampered by negative earnings and no indicated dividend yield.

Positive Factors

Low leverage and declining debt

A very low debt-to-equity ratio and declining total debt materially reduce refinancing and interest-rate risk. That structural balance-sheet strength gives management time and optionality to pursue a turnaround or seek non-debt funding, lowering near-term solvency pressure while losses persist.

Improving loss trajectory versus prior trough years

A materially improved net-loss trend suggests cost controls, operational adjustments, or de-risking actions are taking effect. Durable improvement in losses increases the probability of reaching breakeven within several quarters if sustained, and it reduces cumulative cash burn relative to prior troughs.

Balance sheet provides strategic flexibility

With limited leverage and declining debt, the company retains strategic flexibility to raise capital, restructure, or pursue partnerships without heavy interest burdens. That optionality is durable: it reduces immediate financing constraints and buys time to establish revenue or restructure the business model.

Negative Factors

Zero revenue and no operating sales

Reporting no revenue is a fundamental weakness: the business model remains unproven with no demonstrated customer demand. Over a multi-month horizon this elevates execution risk, makes path-to-profitability uncertain, and requires a credible commercial plan to create durable value.

Persistent negative operating and free cash flow

Consistent negative OCF and FCF indicate structural cash burn and inability to self-fund operations or growth. Over 2–6 months this forces dependence on external financing, limits investment capacity, and increases dilution or default risk if cash needs are not addressed with durable cash-generation improvements.

Equity erosion and deeply negative ROE

Meaningful equity erosion and a roughly -31% ROE reflect sustained value destruction. This structural impairment of the capital base constrains future fundraising, raises dilution risk for existing holders, and signals the business has not yet achieved the durable profitability needed to restore shareholder equity.

Cruz Capital Business Overview & Revenue Model

Company Description

Cruz Battery Metals Corp., an exploration stage company, engages in the identification, acquisition, and exploration of mineral properties. The company explores for cobalt, lithium, diamond, and quartz properties. It holds interests in various projects located in Ontario, British Columbia, and Yukon, Canada, as well as in Idaho and Nevada, the United States. The company was formerly known as Cruz Cobalt Corp. and changed its name to Cruz Battery Metals Corp. in August 2021. Cruz Battery Metals Corp. is headquartered in Vancouver, Canada.

How the Company Makes Money

Cruz Capital makes money primarily through management fees and performance-based incentives associated with its asset management and private equity services. The firm charges a percentage of the assets under management (AUM) as a management fee, providing a steady revenue stream. Additionally, Cruz Capital earns performance fees, often referred to as carried interest, when investments meet or exceed predetermined financial returns. The company also benefits from strategic partnerships with financial institutions and other investment firms, allowing for co-investments and shared risk in larger ventures, further enhancing potential earnings.

Cruz Capital Financial Statement Overview

Summary

Income statement and cash flow are very weak: zero revenue, persistent net losses (TTM ~0.96M), and ongoing cash burn with negative operating and free cash flow (TTM OCF ~-0.67M; FCF ~-0.79M). The balance sheet is comparatively better with low leverage (debt-to-equity ~0.04) and declining debt, but equity erosion and deeply negative ROE (~-31% TTM) keep overall financial strength low.

Income Statement

Across annual periods and TTM (Trailing-Twelve-Months), the company reports zero revenue and consistently negative gross profit, implying an absence of operating sales and an unprofitable cost structure. Losses remain sizable (TTM net loss of about 0.96M), though the net loss has improved materially versus 2022–2023 levels. Overall, the trajectory is better than the trough years, but profitability is still structurally weak given persistent operating losses and no demonstrated revenue base.

Balance Sheet

The balance sheet is a relative bright spot: leverage is low with debt-to-equity around ~0.04 in both the latest annual period and TTM (Trailing-Twelve-Months), and total debt has declined over time. However, equity has fallen meaningfully since 2023, consistent with ongoing losses, and returns on equity remain deeply negative (about -31% in TTM). In short, solvency looks manageable today, but continued losses are eroding the capital base.

Cash Flow

Cash generation remains weak, with negative operating cash flow and negative free cash flow in every period shown (TTM operating cash flow about -0.67M; TTM free cash flow about -0.79M). Free cash flow deterioration in TTM (Trailing-Twelve-Months) versus the latest annual period highlights continued cash burn, even though some earlier years showed improvement off a very low base. Free cash flow is also consistently negative alongside net losses, reinforcing that the business has not yet demonstrated self-funding operations.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	-54.86K	-55.20K	-56.96K	-56.96K	-47.46K
EBITDA	-900.53K	-1.25M	-1.87M	-2.12M	-831.34K
Net Income	-955.39K	-1.31M	-1.93M	-2.18M	-887.16K
Balance Sheet
Total Assets	3.43M	5.09M	5.89M	3.34M	4.21M
Cash, Cash Equivalents and Short-Term Investments	397.63K	1.46M	2.00M	122.63K	1.36M
Total Debt	136.77K	190.26K	238.37K	281.56K	320.25K
Total Liabilities	395.97K	478.97K	514.74K	535.14K	575.73K
Stockholders Equity	3.03M	4.62M	5.37M	2.80M	3.64M
Cash Flow
Free Cash Flow	-781.34K	-647.46K	-1.32M	-1.53M	-657.69K
Operating Cash Flow	-781.34K	-554.52K	-609.83K	-515.79K	-395.41K
Investing Cash Flow	-215.23K	-95.04K	-739.57K	-1.03M	-262.28K
Financing Cash Flow	-68.45K	112.94K	3.23M	314.11K	345.09K

Cruz Capital Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.02
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CRUZ, the sentiment is Positive. The current price of 0.02 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 57.26 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:CRUZ.

Cruz Capital 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%
BEA	46 Neutral	C$5.96M	-4.79	-33.24%	―	―	-45.45%
CRUZ	45 Neutral	C$5.70M	-6.14	-24.99%	―	―	27.50%
SIEN	45 Neutral	C$6.03M	-3.44	-54.40%	―	―	51.40%
SRI	44 Neutral	C$5.10M	-150.00	-4.30%	―	―	95.92%
ORNG	41 Neutral	C$7.22M	-1.10	-47.73%	―	―	-763.79%

Cruz Capital Corporate Events

Cruz Battery Metals Strikes Clayton Valley Lithium Brine JV as Nevada Growth Push Accelerates

Cruz Battery Metals has entered a three-way joint venture with Sienna Resources and Adelayde Exploration to explore a 2,300-acre deep basin lithium brine land package in Nevada’s Clayton Valley, a region that hosts the United States’ only long-established producing lithium brine operation. Under the agreement, the parties will share costs, liabilities and benefits equally while each retains legal title to their respective claims for the joint venture’s benefit, enabling the consolidation of a large, strategically located exploration block adjacent to major lithium players. This move comes as Cruz advances a maiden resource estimate and technical report for its Solar Lithium Project in Big Smoky Valley, where lithium has been intersected in all 14 drill holes to date, and as lithium prices hover at two-year highs, potentially strengthening the company’s growth prospects and competitive positioning in the U.S. lithium sector.

The most recent analyst rating on (TSE:CRUZ) stock is a Hold with a C$0.03 price target. To see the full list of analyst forecasts on Cruz Capital stock, see the TSE:CRUZ Stock Forecast page.

Cruz Battery Metals Taps Stantec for Maiden Resource at Nevada Solar Lithium Project

Cruz Battery Metals has engaged Stantec Consulting to complete a maiden resource estimate and accompanying technical report for its 100%-owned Solar Lithium Project in Clayton Valley, Nevada, which directly borders American Lithium’s TLC project. The move follows four drilling phases that found lithium in all 14 drill holes on the property and comes amid a sharp rebound in lithium prices and renewed U.S. political and investor focus on domestic lithium supply, prompting management to accelerate de-risking and advancement of the project as it seeks to capitalize on stronger sector sentiment and bolster its growth prospects for 2026 and beyond.

The most recent analyst rating on (TSE:CRUZ) stock is a Hold with a C$0.03 price target. To see the full list of analyst forecasts on Cruz Capital stock, see the TSE:CRUZ Stock Forecast page.

Cruz Battery Metals Completes Financing to Advance Lithium and Gold/Copper Projects

Cruz Battery Metals Corp. has successfully completed a private placement financing, raising $488,438 to fund its Nevada and Ontario projects. The funds will support work programs on the Solar Lithium Project in Nevada, where lithium has been discovered in all drill holes, and the Sterling South Gold/Copper Project in Ontario. With lithium prices at a high and increased investor interest, the company aims to produce a Maiden Resource Estimate for the Solar Lithium Project in 2026, while also strengthening its working capital for future growth.