Tinka Resources (TK) AI Stock Analysis

• Market Cap: C$64.82M
• Dividend Yield: N/A
• Average Volume (3M): 341.72K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.11
• Revenue Growth: N/A
• EPS Growth: 5.26%
• Country: CA
• Employees: 41
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 133,657,550
• 10 Day Avg. Volume: 319,627
• 30 Day Avg. Volume: 341,721
• PEG Ratio: 0.37
• Price to Book (P/B): 0.40
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -32.02
• 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: 51 Neutral
• Price Target: C$0.50 ▼(-2.55% Downside)

The score is primarily held back by the lack of revenue, ongoing losses, and continued cash burn (funding dependence), partially offset by a strong, debt-free balance sheet. Technicals are moderately supportive with price generally above key longer-term moving averages, but valuation support is limited due to a negative P/E and no dividend.

Positive Factors

Debt-free balance sheet

A zero-debt balance sheet materially reduces financial risk for an exploration-stage miner. It preserves flexibility to pursue drilling and permitting without interest burdens, improves negotiation leverage with partners or acquirers, and lengthens runway before financing needs become urgent.

Growing equity base

Rising shareholders' equity strengthens the company’s capital cushion and enhances its ability to fund exploration and technical studies. This reduces near-term insolvency risk, supports project de-risking, and improves prospects for structured JV or asset-sale options versus immediate dilutive raises.

Focused Ayawilca project advancement

A clear strategic focus on Ayawilca allows concentrated allocation of capital and management attention to de-risk a single, definable asset via drilling, technical studies and permitting. Successful de-risking increases chances of development or a strategic transaction with a larger miner, a durable value pathway.

Negative Factors

No revenue

An exploration-stage profile with no operating revenue means the business cannot self-fund its development activities. Structural reliance on external capital makes future progress contingent on successful financing or asset disposition, prolonging project risk and delaying any sustainable earnings generation.

Negative operating and free cash flow

Persistent negative operating and free cash flows indicate the company is consuming cash to sustain operations and exploration. Even with improvements, a meaningful step down in FCF in 2025 versus 2024 underscores ongoing burn, forcing reliance on markets or partners and raising dilution or timeline risk for project milestones.

Funding dependence risk

Dependence on external funding is a structural vulnerability for explorers: adverse market conditions or capital scarcity can delay drilling, studies and permitting. This increases the probability of dilution, slows de-risking, and leaves project timelines and ultimate value realization exposed to capital-market cycles.

Tinka Resources Business Overview & Revenue Model

Company Description

Tinka Resources Limited, a junior mineral exploration company, engages in the acquisition and exploration of base and precious metals mineral properties in Peru. It primarily explores for zinc, lead, silver, gold, and copper deposits. The company's flagship project is the 100% owned the Ayawilca project that includes 59 granted mining concessions covering an area of approximately 16,548 hectares located in the Department of Pasco, Central Peru. The company was incorporated in 1987 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Tinka Resources generates revenue primarily through the exploration and potential future extraction and sale of mineral resources, particularly zinc, silver, and tin from its Ayawilca project. The company seeks to increase the value of its mineral properties through exploration and development, making them attractive for acquisition or joint ventures with larger mining companies. Additionally, Tinka may engage in strategic partnerships or secure financing to advance its projects and bring them to production, which will enable the sale of extracted minerals in global markets.

Tinka Resources Financial Statement Overview

Summary

Mixed fundamentals: the company has no revenue and remains unprofitable with ongoing cash burn (negative operating and free cash flow), but it is supported by a strong, debt-free balance sheet and sizable equity. Losses have narrowed versus prior years, yet funding dependence remains a key risk.

Income Statement

The company continues to generate no revenue across the reported years, consistent with an exploration-stage profile, and remains structurally unprofitable. Losses have narrowed versus 2020–2022 (EBIT improved from about -3.2M in 2020 to about -1.3M in 2025; net loss improved from about -2.7M to about -1.1M), but profitability is still meaningfully negative and there is no evidence of a revenue ramp in the available data.

Balance Sheet

The balance sheet is conservatively positioned with zero debt in every year shown, which materially reduces financial risk. Equity is sizable and has grown recently (about 74.6M in 2024 to about 81.1M in 2025), supporting funding flexibility. The main weakness is persistent negative returns on equity driven by ongoing losses, and assets/equity levels have fluctuated over time.

Cash Flow

Cash generation remains weak with consistently negative operating cash flow and negative free cash flow, indicating ongoing cash burn to sustain operations. Free cash flow improved significantly in 2024–2025 versus the large outflow in 2023, but 2025 still shows a notable step down versus 2024 (free cash flow growth around -35%). Overall, the business is still dependent on external funding unless cash burn moderates further.

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	0.00	0.00	0.00	-534.00
EBITDA	-1.15M	-1.07M	-1.33M	-1.55M	-2.05M	-1.48M
Net Income	-1.07M	-1.07M	-1.22M	-1.46M	-916.45K	-2.05M
Balance Sheet
Total Assets	81.87M	81.87M	75.03M	76.47M	77.90M	67.11M
Cash, Cash Equivalents and Short-Term Investments	6.43M	6.43M	2.08M	7.48M	9.60M	4.04M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	816.02K	816.02K	437.69K	656.90K	652.64K	596.20K
Stockholders Equity	81.06M	81.06M	74.59M	75.81M	77.24M	66.51M
Cash Flow
Free Cash Flow	-1.41M	-1.01M	-1.31M	-10.33M	-4.91M	-9.18M
Operating Cash Flow	-578.40K	-1.01M	-1.31M	-1.28M	-328.21K	-2.04M
Investing Cash Flow	-1.35M	-2.09M	-4.10M	-9.06M	-4.58M	-7.14M
Financing Cash Flow	7.46M	7.46M	0.00	0.00	11.05M	0.00

Tinka Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.51
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TK, the sentiment is Positive. The current price of 0.51 is above the 20-day moving average (MA) of 0.51, above the 50-day MA of 0.47, and above the 200-day MA of 0.35, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 52.92 is Neutral, neither overbought nor oversold. The STOCH value of 26.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:TK.

Tinka Resources 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%
AAN	52 Neutral	C$81.57M	-6.43	―	―	―	―
TK	51 Neutral	C$64.82M	-37.22	-1.53%	―	―	5.26%
GMA	50 Neutral	C$55.78M	-20.39	-102.86%	―	-100.00%	-33.58%
SRL	50 Neutral	C$62.21M	-22.52	-11.93%	―	―	73.94%
RTG	48 Neutral	C$76.47M	-9.52	-42.68%	―	―	33.33%
CNRI	46 Neutral	C$56.59M	-76.98	-1.60%	―	―	88.42%

Tinka Resources Corporate Events

Tinka Completes First Drill Program at Silvia Gold-Copper Project in Peru

Tinka Resources has completed an initial 1,400-metre, four-hole diamond drill program at the Silvia gold-copper property in Peru’s Silvia NW Area A, with core samples now at a Lima laboratory for assay and results expected in the first quarter of 2026. The company reports visible chalcopyrite copper mineralization in all drill holes, with multiple intervals and an apparent increase in intensity with depth, and is planning a ground geophysical survey using IP and/or MT in the second quarter of 2026 to target higher sulphide zones and guide potential continuation of drilling, which could refine the project’s exploration model and influence future investment decisions in the asset.

Tinka Completes 3,400-Metre Reconnaissance Drill Program at Saudi Huwaymidan Gold Project

Tinka Resources has completed a 3,400-metre, 46-hole reverse circulation reconnaissance drilling program at the Huwaymidan gold project in Saudi Arabia, where it holds a minority stake, targeting a more than 5-kilometre gold trend defined by selective high-grade surface samples and extensive quartz veining and hydrothermal alteration. The work, which follows systematic mapping, sampling and geophysical surveys that outlined a potential 10-kilometre orogenic gold trend, positions Huwaymidan as a potentially district-scale gold system in a proven belt near Maaden’s Ar Rjum deposit, with fully funded exploration by the local partner until mid-2027 and follow-up drilling planned for Q2 2026 once assay results expected in late Q1 2026 are received.

Tinka Resources Updates on Peru Projects and Corporate Developments

Tinka Resources has completed two diamond drill holes at its Silvia gold-copper project in Peru, with assay results expected in early 2026. The company is also reassessing its Colquipucro silver project, as silver prices have significantly increased, making it an opportune time to evaluate the asset. Additionally, Tinka has appointed Wilma Lee as Corporate Secretary and engaged Oak Hill Financial Inc. for investor relations and advisory services, indicating strategic corporate developments.