Diligence memo · auto-generated · as of July 2, 2026

San Cristobal Mining Inc.

San Cristobal Mining Inc. looks over-valued against its niche peers and is quiet on financing cadence.

SourceRaising on rhythm with a 1.6× step-up on the last round — momentum worth tracking before it's priced in.

Businessfiled

San Cristobal Mining Inc. operates in Mining & Resources, based in VANCOUVER.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

San Cristobal Mining Inc. has raised $17M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).

Largest single filing: $11M on 2025-02-20.

Most recent recorded round closed around 2025-02-20.

Valuation (modeled)modeled

Provath models San Cristobal Mining Inc. at approximately $29M (range $14M–$54M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Over-valued. Modeled value is 2.34× the median modeled value of Series A Mining & Resources companies in 2025–2027 (40 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 28 months.

Last raise 16 mo ago; this sector typically re-raises about every 11 months.

Slightly overdue versus sector cadence.

The last round stepped up 1.6× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 88% of Mining & Resources peers (701 compared).

Modeled value ranks above 91% of those peers.

Closest niche peers: Fortitude Gold Corp, Torngat Metals Ltd, Rua Gold Inc., Red Metals, Inc., West Point Gold Corp..

Peoplefiled

4 named people on file across officers, directors and signatories.

Risks & flagsmixed

Modeled above niche peers — valuation risk on entry.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.