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Sunrise Resources (SRES) vs. S&P 500 (SPY)
Sunrise Resources Business Overview & Revenue Model
Sunrise Resources Financial Statement Overview
| Breakdown | |||||
| TTM | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 0.00 | 112.05K | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| -2.66K | 70.90K | -4.94K | -5.08K | -4.20K | -3.54K | EBIT |
| -312.52K | -659.26K | -392.29K | -284.03K | -335.95K | -303.16K | EBITDA |
| -242.72K | -310.51K | -198.04K | -473.14K | -331.84K | -299.36K | Net Income Common Stockholders |
| -245.38K | -658.81K | -391.29K | -478.22K | -335.25K | -302.90K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 161.91K | 102.42K | 177.97K | 96.13K | 371.74K | 1.09M | Total Assets |
| 2.69M | 2.12M | 2.75M | 2.80M | 2.71M | 3.05M | Total Debt |
| 275.00K | 195.00K | 302.64K | 5.71K | 7.01K | 9.70K | Net Debt |
| 113.09K | 92.58K | 124.68K | -90.41K | -364.73K | -1.08M | Total Liabilities |
| 463.60K | 347.37K | 440.94K | 142.73K | 134.54K | 100.38K | Stockholders Equity |
| 2.22M | 1.78M | 2.31M | 2.66M | 2.58M | 2.95M |
| Cash Flow | Free Cash Flow | ||||
| -270.62K | -253.31K | -465.54K | -416.05K | -728.74K | -401.13K | Operating Cash Flow |
| -184.87K | -150.73K | -340.78K | -278.56K | -337.68K | -212.54K | Investing Cash Flow |
| -85.75K | -102.13K | -124.76K | -114.23K | -373.44K | -201.02K | Financing Cash Flow |
| 238.60K | 186.50K | 516.01K | 102.30K | ― | 1.48M |
Sunrise Resources Technical Analysis
Sunrise Resources Peers Comparison
Sunrise Resources Corporate Events
Sunrise Resources Plc has appointed Mr. Adam Hainsworth as a non-executive director, effective from March 14, 2025. Mr. Hainsworth, a significant shareholder and experienced commercial director, is expected to bring valuable insights and drive to the board, enhancing the company’s efforts to commercialize its assets and create shareholder value.
Sunrise Resources Plc announced that as of 28 February 2025, the company’s issued share capital consists of 5,439,980,696 ordinary shares with voting rights, with no shares held in treasury. This information is crucial for shareholders to calculate their interests in accordance with the FCA’s Disclosure Guidance and Transparency Rules.
Sunrise Resources Plc has announced the conversion of £27,000 of its Second Convertible Security into 270,000,000 new ordinary shares, which will be admitted to trading on AIM around 21 February 2025. This conversion reduces the face value of the security to £123,000 and increases the total voting shares to 5,439,980,696, impacting shareholder voting rights and market disclosure under Financial Conduct Authority rules.
Sunrise Resources Plc has published its Annual Report for the year ending 30 September 2024 and announced the 2025 Annual General Meeting, scheduled for 13 March 2025 in London. The publication of the Annual Report allows shareholders to review the company’s financial and operational performance, with proxy voting details provided for shareholder participation in the AGM.
Sunrise Resources Plc has updated its website and company presentation following the release of its Annual Report and Financial Statements. Additionally, the company is enhancing its social media engagement by partnering with Bromham Communications & Investment Limited to manage content and improve access to the StockBox Investor Platform. An interview with the Executive Chairman, Patrick Cheetham, is now available on StockBox and YouTube, providing insights into the company’s strategies and future outlook.
Sunrise Resources has received a comprehensive data package from Tolsa detailing exploration work and results at the Pioche Sepiolite Project in Nevada. The findings indicate extensive sepiolite beds with high purity up to 92%, though further drilling is required to define the outer limits of the deposit. The project’s timing is advantageous due to increased demand for sepiolite in the oil and gas drilling market, coupled with environmental threats to the only other U.S. sepiolite producer. This positions Sunrise for potential market entry as interest grows in the Pioche Project.
Sunrise Resources plc announced its audited financial results for the year ending 30 September 2024, highlighting strategic developments and financial achievements. The company reported income generation through project payments, which aided in reducing administrative costs and the need for equity fundraising. Despite slower uptake for its natural pozzolan projects, Sunrise is actively negotiating potential development routes with multiple companies, including discussions for joint ventures. The Pioche Sepiolite Project, although not purchased by Tolsa S.A., remains of interest to other companies, with potential market growth expected in the oil industry. Additionally, Sunrise secured a royalty interest from its Crow Springs diatomite claims, anticipating future royalty income as production plans progress.
Sunrise Resources Plc announced that Tolsa USA Inc. has decided not to exercise its option to purchase the Pioche Sepiolite Project but expressed interest in alternative arrangements. Despite the setback, Sunrise is optimistic about the project’s value due to the identified large sepiolite deposits at Pioche and plans to engage other interested parties. The company has spent significantly less on the project compared to what Tolsa has invested, and they anticipate benefitting from the data and samples collected.
Sunrise Resources has successfully mined and shipped a 20-ton bulk sample from its CS Natural Pozzolan Project in Nevada. This sample is intended for customer trials with an industrial minerals company, aiming to integrate natural pozzolan as an additive in cementitious materials. With the project ‘mine-ready,’ including necessary permits for large reserves, the development signifies a strategic step in expanding the company’s market presence and offers potential benefits to stakeholders by enhancing product offerings in construction materials.