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Zacapa Resources Ltd. (ZACAF)

Data from FMP · Methodology

For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.

Zacapa Resources Ltd. (ZACAF) with AI Score 44/100 (Grade C). Zacapa Resources Ltd. is a mineral exploration company focused on acquiring and exploring copper and gold resources in the Southwestern United States. Sector: Basic materials.

Last analyzed: Mar 16, 2026
Zacapa Resources Ltd. is a mineral exploration company focused on acquiring and exploring copper and gold resources in the Southwestern United States. The company's portfolio includes projects in Nevada, Colorado, and Arizona.
Council Score · Weighted Average of 3 Disciplines
HOLD 44/100 · C

ZACAF: the 1 perspectives are evenly split.

Council Score · 8 perspectives · See tabs for details →

Zacapa Resources Ltd. (ZACAF) Materials & Commodity Exposure

CEOIan Paul Slater CA
Employees2
HeadquartersVancouver, CA
IPO Year2022

Zacapa Resources Ltd. is a mineral exploration company focused on copper and gold projects in the Southwestern United States, including Nevada, Colorado, and Arizona. With a focus on early-stage exploration, Zacapa aims to discover and develop economically viable mineral deposits in established mining districts, operating in the competitive basic materials sector.

Data Provenance | Financial Data Quantitative Analysis NASDAQ Analysis: Mar 16, 2026

What Is the Investment Thesis for ZACAF?

Zacapa Resources Ltd. presents a speculative investment opportunity within the mineral exploration sector. The company's value hinges on successful exploration and development of its copper and gold projects, particularly the South Bullfrog and Tomichi projects. Key value drivers include positive drill results, resource estimates, and potential joint venture partnerships. Upcoming exploration programs at the Tomichi project and continued exploration at South Bullfrog represent potential catalysts. However, the company faces risks associated with exploration uncertainty, funding requirements, and commodity price volatility. Investors should carefully consider these factors, along with the company's limited operating history and OTC market listing.

Based on FMP financials and quantitative analysis

ZACAF Key Highlights

  • Zacapa Resources holds 100% interest in the South Bullfrog project located in the Walker Lane trend, Nevada.
  • The company has an option to acquire 100% interest in the Tomichi project located in Gunnison County, Colorado.
  • Zacapa Resources has a market capitalization of $0.00B as of March 16, 2026.
  • The company's price-to-earnings ratio is -0.20, reflecting its current lack of profitability.
  • Zacapa Resources does not currently offer a dividend yield.

Who Are ZACAF's Competitors?

Who Are ZACAF's Competitors?

ZACAF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap AI Score
BONZ Bonanza Goldfields Corp. $0.00 +0.00% $4.78M 43
CYUXF BC Moly Ltd. $0.13 +16.49% 5M 44
FLYNF Flying Nickel Mining Corp. $0.03 +0.00% $5.44M 44
ABAT American Battery Technology Company $2.97 -5.11% 312M 64
GTMLF Green Technology Metals Limited $0.02 +0.00% $11.04M 64
UAMY United States Antimony Corporation $8.42 +2.68% 2B 64
AZLAF Prairie Lithium Ltd. $0.01 +0.00% $31.74M 63
AMVMF AMG Critical Materials N.V. $49.00 +0.00% $1.58B 52

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are ZACAF's Key Strengths?

  • Strategic land positions in prospective mining districts.
  • Experienced management team with exploration expertise.
  • Diversified portfolio of copper and gold projects.
  • Strong relationships with local communities and stakeholders.

What Are ZACAF's Weaknesses?

  • Limited operating history and financial resources.
  • Dependence on equity financing to fund exploration activities.
  • Early-stage exploration projects with inherent uncertainty.
  • Small team size.

What Could Drive ZACAF Stock Higher?

  • Exploration drilling results from the Tomichi project in Colorado expected Q3 2026.
  • Continued exploration and resource expansion at the South Bullfrog project in Nevada.
  • Potential acquisition of additional mineral properties in the Southwestern United States.
  • Securing strategic partnerships with larger mining companies to advance project development.

What Are the Key Risks for ZACAF?

  • Unsuccessful exploration results and failure to discover economically viable mineral resources.
  • Commodity price volatility and fluctuations in the price of copper and gold.
  • Difficulty in raising capital to fund exploration and development activities.
  • Regulatory and environmental risks associated with mining operations.
  • Limited liquidity and trading volume due to OTC market listing.

What Are the Growth Opportunities for ZACAF?

  • Growth opportunity 1: Exploration success at the Tomichi project in Colorado represents a significant growth opportunity. The project is prospective for copper and gold mineralization, and positive drill results could lead to a substantial increase in the company's resource base. The timeline for exploration and potential resource estimation is estimated at 2-3 years, with a market size dependent on the ultimate resource potential. Zacapa's competitive advantage lies in its experienced exploration team and strategic land position.
  • Growth opportunity 2: Continued exploration and development of the South Bullfrog project in Nevada offers another avenue for growth. The project is located in the Walker Lane trend, a prolific gold-producing region. Further exploration could delineate additional gold resources and attract potential joint venture partners. The timeline for resource expansion is estimated at 1-2 years, with a market size dependent on the gold price and resource grade. Zacapa's existing land position and exploration data provide a competitive edge.
  • Growth opportunity 3: Acquisition of additional mineral properties in the Southwestern United States could expand Zacapa's project pipeline and diversify its exploration portfolio. The company could target properties with existing mineral occurrences or favorable geological settings. The timeline for property acquisition and initial exploration is estimated at 1 year, with a market size dependent on the availability of suitable properties. Zacapa's exploration expertise and regional focus provide a competitive advantage.
  • Growth opportunity 4: Securing strategic partnerships with larger mining companies could provide Zacapa with access to capital and technical expertise. Joint ventures or earn-in agreements could accelerate the development of its existing projects and reduce the company's financial risk. The timeline for partnership formation is variable, with a market size dependent on the terms of the agreement. Zacapa's attractive project portfolio and exploration potential could attract potential partners.
  • Growth opportunity 5: Advancements in exploration technology, such as improved geophysical surveying techniques and data analysis methods, could enhance Zacapa's ability to identify and delineate mineral deposits. The adoption of these technologies could lead to more efficient exploration programs and increased discovery rates. The timeline for technology implementation is ongoing, with a market size dependent on the cost and effectiveness of the technologies. Zacapa's commitment to innovation and exploration excellence provides a competitive advantage.

What Opportunities Does ZACAF Have?

  • Discovery of significant mineral resources at its existing projects.
  • Acquisition of additional mineral properties in the Southwestern United States.
  • Formation of strategic partnerships with larger mining companies.
  • Advancements in exploration technology.

What Threats Does ZACAF Face?

  • Commodity price volatility and market fluctuations.
  • Unsuccessful exploration results and resource depletion.
  • Increased competition for mineral properties and capital.
  • Changes in government regulations and environmental policies.

What Are ZACAF's Competitive Advantages?

  • Strategic land positions in established mining districts.
  • Experienced exploration team with a track record of discovery.
  • Proprietary geological data and exploration insights.
  • Strong relationships with local communities and stakeholders.

What Does ZACAF Do?

Zacapa Resources Ltd., formerly known as Zambia Gold Corp., is a mineral exploration company established in 2017 and headquartered in Vancouver, Canada. The company is dedicated to the acquisition and exploration of copper and gold resources within the Southwestern United States. Zacapa's project portfolio includes 100% ownership of the South Bullfrog project in Nevada's Walker Lane trend, and an option to acquire 100% of the Tomichi project in Gunnison County, Colorado. Additionally, Zacapa holds interests in the Dewdrop Moon project (Nevada), the Pearl project (Arizona), the Red Top project (Arizona), and the Miller Mountain project (Idaho). The company's strategy revolves around identifying and developing promising mineral prospects in historically productive regions. Zacapa operates with a lean team, focusing on early-stage exploration activities to unlock the potential of its diverse asset base.

What Products and Services Does ZACAF Offer?

  • Acquires mineral properties with potential for copper and gold deposits.
  • Conducts exploration activities, including geological mapping, geochemical sampling, and drilling.
  • Evaluates exploration data to identify and delineate mineral resources.
  • Seeks to develop its mineral projects through resource estimation and economic studies.
  • May partner with other mining companies to advance its projects.
  • Operates primarily in the Southwestern United States.

How Does ZACAF Make Money?

  • Acquires and explores mineral properties.
  • Seeks to increase the value of its properties through exploration and resource definition.
  • May generate revenue through option agreements, joint ventures, or outright sale of its properties.
  • Relies on equity financing to fund its exploration activities.

What Industry Does ZACAF Operate In?

Zacapa Resources operates within the industrial materials sector, specifically targeting copper and gold exploration. The sector is characterized by high capital intensity, long lead times, and commodity price sensitivity. The demand for copper and gold is driven by global economic growth, infrastructure development, and investment demand. Zacapa competes with other junior exploration companies, as well as larger mining firms, for access to promising mineral properties and capital. The company's success depends on its ability to identify and develop economically viable deposits in a competitive landscape.

Who Are ZACAF's Key Customers?

  • Potentially larger mining companies seeking to acquire or joint venture on Zacapa's projects.
  • Investors interested in the potential for mineral discoveries and resource growth.
  • Local communities and governments where Zacapa operates, through potential economic benefits from mining activities.
AI Confidence: 69% Updated: Mar 16, 2026

ZACAF Financials

ZACAF Latest News

No recent news available for ZACAF.

ZACAF Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for ZACAF.

Price Targets

Wall Street price target analysis for ZACAF.

ZACAF MoonshotScore

44/100

What does this score mean?

The MoonshotScore rates ZACAF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.

Leadership: Ian Paul Slater CA

CEO

Ian Paul Slater is the CEO of Zacapa Resources Ltd. He is a Chartered Accountant (CA) with extensive experience in the resource sector. His background includes financial management, corporate governance, and strategic planning. He has held various leadership positions in junior mining companies, focusing on project development and capital raising. Slater's expertise lies in identifying and evaluating mineral exploration opportunities and managing the financial aspects of resource projects.

Track Record: Under Ian Paul Slater's leadership, Zacapa Resources Ltd. has focused on acquiring and exploring copper and gold projects in the Southwestern United States. He has overseen the company's exploration programs at the South Bullfrog and Tomichi projects. Key milestones include securing strategic land positions and raising capital to fund exploration activities. His focus has been on building a strong project portfolio and advancing exploration efforts to unlock the potential of Zacapa's assets.

ZACAF OTC Market Information

The OTC Other tier represents the lowest tier of the OTC market, indicating that Zacapa Resources Ltd. may not meet the minimum financial or disclosure requirements for higher tiers like OTCQX or OTCQB. Companies in this tier may have limited information available to investors, and trading activity can be sporadic. Investing in OTC Other stocks carries higher risks compared to stocks listed on major exchanges like the NYSE or NASDAQ due to less stringent listing standards and regulatory oversight.

  • OTC Tier: OTC Other
  • Disclosure Status: Unknown
Liquidity: Liquidity for ZACAF is likely limited due to its listing on the OTC Other tier. This can result in wider bid-ask spreads and potential difficulty in buying or selling large quantities of shares without significantly impacting the price. Investors should be prepared for lower trading volumes and potential price volatility.
OTC Risk Factors:
  • Limited financial disclosure and transparency.
  • Lower liquidity and wider bid-ask spreads.
  • Potential for price manipulation and fraud.
  • Higher risk of delisting or going out of business.
  • Less regulatory oversight compared to major exchanges.
Due Diligence Checklist:
  • Verify the company's registration and legal standing.
  • Review available financial statements and disclosures.
  • Assess the company's management team and their experience.
  • Research the company's business model and competitive landscape.
  • Evaluate the company's risk factors and potential liabilities.
  • Understand the OTC market and its associated risks.
  • Consult with a financial advisor before investing.
Legitimacy Signals:
  • Company has a CUSIP number.
  • Company has a transfer agent.
  • Company's CEO has a verifiable background.
  • Company has active projects.

Zacapa Resources Ltd. Basic Materials Stock: Key Questions Answered

What does Zacapa Resources Ltd. do?

Zacapa Resources Ltd. is a mineral exploration company focused on acquiring and exploring copper and gold resources in the Southwestern United States. The company's business model involves identifying promising mineral properties, conducting exploration activities to delineate mineral resources, and potentially partnering with larger mining companies to develop those resources. Zacapa aims to create value for shareholders through successful exploration and resource discovery.

What do analysts say about ZACAF stock?

As of March 16, 2026, there is no available analyst coverage for Zacapa Resources Ltd. due to its OTC listing and small market capitalization. Investors should conduct their own due diligence and consider the company's financial condition, exploration potential, and risk factors before making any investment decisions. Key valuation metrics include the company's market capitalization, cash position, and the potential value of its mineral resources.

What are the main risks for ZACAF?

The main risks for Zacapa Resources Ltd. include exploration risk, commodity price risk, and financing risk. Exploration risk refers to the uncertainty of discovering economically viable mineral resources. Commodity price risk relates to the volatility of copper and gold prices, which can impact the value of Zacapa's projects. Financing risk involves the company's ability to raise capital to fund its exploration and development activities. Additionally, the company faces regulatory and environmental risks associated with mining operations.

What are the key factors to evaluate for ZACAF?

Zacapa Resources Ltd. (ZACAF) currently holds an AI score of 44/100, indicating low score. Key strength: Strategic land positions in prospective mining districts. Primary risk to monitor: Unsuccessful exploration results and failure to discover economically viable mineral resources. This is not financial advice.

How frequently does ZACAF data refresh on this page?

ZACAF prices update in real time during U.S. market hours (9:30 AM-4:00 PM ET, weekdays). Fundamentals refresh after quarterly or annual filings. Analyst ratings and AI insights update daily. News is aggregated continuously from financial sources.

What has driven ZACAF's recent stock price performance?

Recent price movement in Zacapa Resources Ltd. (ZACAF) can be influenced by earnings results, analyst revisions, sector rotation, and broader market sentiment. Notable catalyst: Strategic land positions in prospective mining districts. Check the News and Technical Analysis tabs for the latest drivers. Past performance does not predict future results.

Should investors consider ZACAF overvalued or undervalued right now?

Determining whether Zacapa Resources Ltd. (ZACAF) is overvalued or undervalued requires examining multiple metrics. Compare valuation ratios (P/E, P/S, EV/EBITDA) against sector peers for a comprehensive view.

What research should beginners do before buying ZACAF?

Before investing in Zacapa Resources Ltd. (ZACAF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Analysis updated AI Score refreshed daily
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Information is based on available data and may be subject to change.
  • OTC market data may be limited and less reliable than data from major exchanges.
Data Sources

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