Opawica Explorations (OPW) AI Stock Analysis

• Market Cap: C$3.54M
• Dividend Yield: N/A
• Average Volume (3M): 80.93K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.66
• Revenue Growth: N/A
• EPS Growth: 32.88%
• Country: CA
• Employees: 2
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): N/A
• Shares Outstanding: 39,338,768
• 10 Day Avg. Volume: 11,800
• 30 Day Avg. Volume: 80,926
• PEG Ratio: 0.00
• Price to Book (P/B): 0.55
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.13
• 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: 46 Neutral
• Price Target: C$0.09 ▲(16.25% Upside)

The score is primarily constrained by weak financial performance (no revenue, recurring losses, and increased 2025 cash burn), partially offset by low leverage on the balance sheet. Technicals are mixed with neutral momentum and only short-term strength, while valuation signals are limited due to negative earnings and no dividend.

Positive Factors

Low Leverage

Near-zero debt materially lowers insolvency and interest burden risks over the medium term, giving management flexibility to prioritize exploration spend or structure deals (joint ventures, earn-ins) without servicing fixed debt. This supports survival through cyclical drilling programs.

Stable Asset Base

A stable asset base provides a tangible resource foundation and tax/working-capital buffer for ongoing exploration. It supports credibility with partners and potential acquirers, enabling the company to advance targets and secure project-level funding without rapid asset write-downs.

Focused Exploration Model

A clear, specialist exploration mandate concentrates capital and technical expertise on identifying discoverable deposits. With a very small headcount, the firm can run lean operations, outsource technical work, and form partnerships, which preserves capital and concentrates upside on successful drill results.

Negative Factors

Persistent Negative Cash Flow

Sustained negative operating and free cash flow means the business cannot self-fund exploration and relies on external capital. Over months this raises dilution risk, limits strategic optionality, and forces management to prioritize financing over long-term project development choices.

Sharply Accelerated 2025 Cash Burn

A step-up in cash burn materially shortens runway and elevates near-term funding needs. This intensifies reliance on equity or partner financing, increases probability of dilutive raises, and forces trade-offs between advancing targets and preserving balance sheet strength over the coming funding cycles.

Eroding Shareholders' Equity

Cumulative losses that reduce equity signal structural erosion of the balance sheet and weakened capitalization. Persisting negative returns and declining equity constrain the company's ability to self-finance, elevate dilution likelihood, and reduce resilience to exploration setbacks over time.

Opawica Explorations Business Overview & Revenue Model

Company Description

Opawica Explorations Inc., a junior resource company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It explores for gold and base metal deposits. The company holds 100% interests in the Arrowhead property that consists of 19 mineral claims covering an area of 400.76 hectares located in the Joannes Township, Quebec; and the Bazooka property, which comprises 41 mineral claims covering an area of 1320.92 hectares located in the Beauchastel Township, Quebec. It also holds 100% interests in the Richard Copper property that includes 4 mineral claims located to Rouyn Noranda, Quebec, as well as in the Lil d'Espoir Lake property, which comprises 176 mineral claims covering an area of approximately 44 square kilometers; and the Chapel Island property consisting of 173 mineral claims covering an area of approximately 43.25 square kilometers located in the Exploits Subzone of Central Newfoundland and Labrador. In addition, the company holds 70% interests in the Density, Eclipse, and Mass properties that includes 906 mineral claims located in Newfoundland and Labrador. It also holds an option to acquire a 100% interest in Enterprise property, which comprises 308 mineral claims located in the Exploits Subzone of Central Newfoundland and Labrador. Opawica Explorations Inc. was incorporated in 1975 and is based in Vancouver, Canada.

How the Company Makes Money

Opawica Explorations Inc. generates revenue through the acquisition, exploration, and potential development of mineral properties. The company primarily earns money by discovering mineral deposits and enhancing the value of these assets. Revenue is typically realized through the sale or joint venture of properties to larger mining companies, or through the eventual development and production of minerals if feasible. Key revenue streams include proceeds from property sales, joint venture agreements, and potentially, future mineral production. Partnerships with other exploration companies and mining industry stakeholders can provide additional funding and expertise, contributing to the company's earnings and operational success.

Opawica Explorations Financial Statement Overview

Summary

Pre-revenue explorer with persistent losses and consistently negative operating/free cash flow. Cash burn accelerated materially in 2025, increasing reliance on external financing. Balance sheet leverage is low (near-zero debt), but equity has trended down, indicating ongoing erosion/dilution risk.

Income Statement

The company reports no revenue across the period provided, consistent with an early-stage explorer rather than an operating business. Losses are persistent and volatile: net income moved from a smaller loss in 2020 (-$0.36M) to much larger losses in 2021–2022 (about -$2.8M to -$2.6M), improved in 2024 (near breakeven at -$0.0004M), then deteriorated again in 2025 (about -$2.25M). With no top-line, margins are not meaningful, and profitability is driven mainly by spending levels—creating uncertainty around the path to sustainable earnings.

Balance Sheet

Leverage is very low, with total debt at $0 in 2024–2025 and only $40K in 2020–2023, which reduces insolvency risk. However, shareholders’ equity has trended down materially from ~$5.94M (2021) to ~$4.46M (2025), reflecting cumulative losses, and returns on equity are negative in most years (notably around -50% in 2021–2023 and 2025). Total assets are relatively stable (~$5.1M–$5.6M since 2022), but the declining equity base indicates ongoing balance-sheet dilution/erosion risk if losses continue.

Cash Flow

Cash generation is consistently negative, with operating cash flow and free cash flow both below zero every year shown. The cash burn intensified sharply in 2025 (operating cash flow about -$2.18M vs. -$0.23M in 2024), signaling a step-up in spending. Free cash flow tracks net income closely in most years, which suggests losses are largely translating into cash outflows rather than being cushioned by non-cash items—raising dependence on external funding to sustain exploration activity.

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	0.00	0.00	-5.44K	-1.22K	-1.53K	-585.00
EBITDA	-1.43M	-2.25M	-505.87K	-2.00M	-2.64M	-2.79M
Net Income	-2.27M	-2.25M	-436.00	-2.00M	-2.64M	-2.80M
Balance Sheet
Total Assets	5.28M	5.28M	5.19M	5.13M	5.62M	6.47M
Cash, Cash Equivalents and Short-Term Investments	184.97K	184.97K	1.09M	265.54K	271.87K	3.21M
Total Debt	0.00	0.00	0.00	40.00K	40.00K	40.00K
Total Liabilities	816.76K	816.76K	989.20K	1.14M	666.96K	528.65K
Stockholders Equity	4.46M	4.46M	4.20M	3.98M	4.95M	5.94M
Cash Flow
Free Cash Flow	-440.34K	-2.18M	-227.81K	-832.72K	-4.68M	-2.75M
Operating Cash Flow	-644.84K	-2.18M	-227.81K	-832.57K	-2.64M	-1.48M
Investing Cash Flow	-858.69K	-858.69K	20.53K	-20.93K	-2.17M	-1.26M
Financing Cash Flow	2.74M	2.74M	564.98K	638.00K	1.87M	5.79M

Opawica Explorations Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.08
• 50DMA: Positive
• 100DMA: Positive
• 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:OPW, the sentiment is Positive. The current price of 0.08 is below the 20-day moving average (MA) of 0.08, below the 50-day MA of 0.08, and below the 200-day MA of 0.10, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 53.19 is Neutral, neither overbought nor oversold. The STOCH value of 39.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:OPW.

Opawica Explorations 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%
OPHR	50 Neutral	C$3.50M	-4.93	-42.37%	―	―	50.00%
GRUN	50 Neutral	C$5.42M	-5.04	-90.86%	―	―	―
GUG	47 Neutral	C$5.38M	-8.82	-15.09%	―	―	-13.33%
OPW	46 Neutral	C$3.54M	-1.51	―	―	―	32.88%
FG	46 Neutral	C$3.56M	-1.87	―	―	―	-133.33%
RGLD	46 Neutral	C$3.01M	-1.24	-207.66%	―	―	-426.09%

Opawica Explorations Corporate Events

Opawica Explorations Advances Arrowhead and Bazooka Gold Projects, Eyes Strategic Options

Opawica Explorations has provided an operational update highlighting major progress on its Arrowhead and Bazooka gold properties, including receipt of drill permits for both assets, completion of multiple drill programs at Bazooka with high-grade results, and the identification of over 10,000 metres of high-priority drill targets at Arrowhead. The company has invested more than $6 million in exploration since 2021, conducted extensive geophysical and seismic surveys, leveraged AI-based targeting, and strengthened stakeholder relations, while earning industry recognition as Gold Explorer of the Year and now planning a Phase 2 drill program at Arrowhead and exploring joint venture or sale options for Bazooka to unlock further value for shareholders.

The most recent analyst rating on (TSE:OPW) stock is a Hold with a C$0.08 price target. To see the full list of analyst forecasts on Opawica Explorations stock, see the TSE:OPW Stock Forecast page.

Opawica Explorations Unveils New Drill Targets in Abitibi Gold Belt

Opawica Explorations Inc. has announced a significant advancement in its exploration strategy at the Arrowhead Property in the Abitibi Gold Belt, identifying 25 high-priority drill targets totaling 10,000 meters. This initiative, in collaboration with ALS GoldSpot Discoveries Ltd., utilizes advanced AI technology to enhance precision in mineral targeting. The new drill program aims to expand on initial successes, with gold hits in every hole, and is positioned to demonstrate the Arrowhead property’s potential, leveraging its proximity to existing mines and extensive data-driven exploration efforts.