Jasper Mining (TUK) AI Stock Analysis

Jasper Mining

(TSXV:TUK)

Select Model

Rating:45Neutral

Price Target:CAD 0.02▲(0.00% Upside)

Action:reiterated

Date:09/18/26

The score is held down primarily by weak financial performance—deep operating losses, shrinking equity, and persistent negative operating/free cash flow that increase funding risk. Technicals are more neutral-to-mildly supportive in the short term, but the longer-term trend is still below the 200-day average. Valuation is also constrained by losses (negative P/E) and no provided dividend yield.

Positive Factors

Modest LeverageDebt remains modest relative to equity, limiting the direct burden of interest and principal obligations compared with highly leveraged businesses. This provides some financial flexibility and may help Jasper withstand operating volatility, although the benefit is weakened by the shrinking equity base.

Negative Factors

Declining RevenueRecent contraction in revenue indicates weakening business activity and reduces the base from which Jasper can recover fixed costs or fund expansion. The decline also makes a rapid return to sustainable profitability more difficult, particularly because historical growth has been volatile rather than consistent.

Jasper Mining (TUK) vs. iShares MSCI Canada ETF (EWC)

Market Cap: CAD 3.98M
Dividend Yield: ―
Average Volume (3M): 266.42K
Price to Earnings (P/E): -0.4
Beta (1Y): 1.17
Revenue Growth: -35.03%
EPS Growth: -132.65%
Country: Canada
Employees: 2
Sector: General
Sector Strength: 55
Industry: Oil & Gas Exploration & Production

Jasper Mining Business Overview & Revenue Model

Company Description

Tuktu Resources Ltd. operates as an oil and natural gas exploration, development, and production company in Canada. The company explores for copper; and offers crude oil, natural gas, and natural gas liquids. It holds a portfolio of oil and natural g...

Jasper Mining Financial Statement Overview

Summary

Overall fundamentals are weak: TTM revenue is down ~20% and profitability is deeply negative (net margin ~-145%, EBIT margin ~-49%). Cash generation is also a major concern with negative operating cash flow (~-1.38M) and negative free cash flow (~-1.74M), indicating ongoing cash burn. The balance sheet has modest leverage (TTM debt-to-equity ~0.23), but equity has fallen sharply (about 11.7M to ~2.6M) and ROE is highly negative (~-118%), signaling capital-base erosion.

Income Statement

18Very Negative

Balance Sheet

45Neutral

Cash Flow

16Very Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	4.95M	6.53M	4.64M	1.35M	0	0
Gross Profit	-676.78K	-906.19K	-890.44K	-319.88K	-477	-536
EBITDA	-1.53M	-1.29M	-157.18K	2.05M	-1.17M	-96.51K
Net Income	-9.10M	-7.08M	-2.66M	1.19M	-2.15M	-104.82K
Balance Sheet
Total Assets	11.87M	14.91M	22.64M	9.39M	3.77M	196.23K
Cash, Cash Equivalents and Short-Term Investments	1.18M	2.12M	9.14M	247.56K	3.48M	11.21K
Total Debt	428.63K	716.83K	863.39K	0	0	0
Total Liabilities	9.31M	9.50M	10.95M	5.64M	3.85M	473.71K
Stockholders Equity	2.57M	5.42M	11.68M	3.74M	-88.06K	-277.48K
Cash Flow
Free Cash Flow	-1.74M	-6.19M	-3.74M	-3.45M	-1.15M	-75.57K
Operating Cash Flow	-1.38M	-153.38K	-1.75M	-1.02M	-1.15M	-75.47K
Investing Cash Flow	-455.11K	-6.92M	-720.60K	-3.60M	-18.34K	-102
Financing Cash Flow	-488.96K	58.54K	11.36M	1.39M	4.63M	70.00K

Jasper Mining Technical Analysis

Technical Analysis SentimentPositive

Last Price0.01

Price Trends

50DMA0.02Neutral

100DMA0.02Positive

200DMA0.02Negative

Market Momentum

MACD0.00Positive

RSI51.79Neutral

STOCH100.00Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TUK, the sentiment is Positive. The current price of 0.01 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a neutral trend. The MACD of 0.00 indicates Positive momentum. The RSI at 51.79 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:TUK.

Jasper Mining Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TSE:TUK against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TSE:VZZ	53Neutral	CAD 15.44M	8.73	25.83%	―	81.36%	―
TSE:GRG	45Neutral	CAD 16.12M	-4.43	-66.51%	―	―	88.35%
TSE:TUK	45Neutral	CAD 3.98M	-0.44	-172.51%	―	-35.03%	-132.65%
TSE:PRIZ	41Neutral	CAD 2.30M	-0.52	-63.82%	―	―	30.00%
TSE:CQX	40Underperform	CAD 6.63M	-0.47	-136.56%	―	―	26.24%
TSE:CXC	37Underperform	CAD 22.05M	-24.33	-695.05%	―	―	―

* General Sector Average

Performance Comparison

TSE:TUK and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:TUK	Jasper Mining Corporation	0.01	-0.03	-62.50%
TSE:CXC	CMX Gold & Silver	0.26	0.11	70.00%
TSE:VZZ	Val-D'or Mining Corporation	0.14	0.05	52.63%
TSE:GRG	Golden Arrow Resources	0.10	0.04	58.33%
TSE:CQX	Interra Copper Corp	0.06	-0.14	-71.05%
TSE:PRIZ	Prismo Metals Inc.	0.02	-0.10	-83.33%

Jasper Mining Corporate Events

Business Operations and StrategyFinancial Disclosures

Tuktu Resources Slashes Spending as Q2 Output and Revenue Slide

Negative

Aug 24, 2026

Tuktu Resources reported weaker second-quarter 2026 results, with petroleum and natural gas sales falling 41% year over year to about $1.45 million as average production volumes declined 37% to 393 boe per day. The drop stemmed mainly from natural de...

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: Sep 18, 2026

Jasper Mining AI Stock Analysis