Diligence memo · auto-generated · as of July 2, 2026
American Sands Energy Corp.
American Sands Energy Corp. looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
American Sands Energy Corp. operates in Other, based in SALT LAKE CITY.
Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
American Sands Energy Corp. has raised $17M in disclosed capital across 9 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $8.4M on 2011-06-03.
Most recent recorded round closed around 2014-03-31.
Valuation (modeled)modeled
Provath models American Sands Energy Corp. at approximately $5.3M (range $482K–$29M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.06× the median modeled value of Series A Other companies in 2013–2015 (623 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 66 months.
Last raise 12.3 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.8× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 84% of Other peers (25015 compared).
Modeled value ranks above 26% of those peers.
Closest niche peers: Biloxi Baseball, LLC, United Sample Inc, Revolution Lighting Technologies, Inc., County Waste of Virginia, LLC, Marathon Patent Group, Inc..
Peoplefiled
15 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Broad sector classification weakens peer comparison.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.